RunningBum
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 18, 2007
- Messages
- 13,244
Perhaps the change they should make is to gain a better understanding of their complete situation, and not just fix the one stress item which may leave them exposed if they both are out of work for a longer time. Put the mortgage pay-off money in something safe which should ease their mind about the mortgage, while staying more liquid and flexible. Sure, that money will earn less than their mortgage rate, but that's a small price for insurance and piece of mind that their whole situation is safer, rather than just addressing one thing