aaronc879
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jan 10, 2006
- Messages
- 5,358
Not sure if it was the best financial decision but it's a done deal. I used most of my cash savings to pay off my mortgage(~$74K). The money was making .40% in a money market account and I didn't want to risk it in the stock market since 90% of my retirement money is already in stocks. I was paying around $200/mo on interest which is a lot from someone who spends less than $2000/mo on everything. Sure I may have been able to do better with the money in stocks but it sure feels good being completely debt free.