This can actually be a very controversial topic. And we’ve talked to people who firmly believe that you should get to paying off your mortgage and living mortgage-free as soon as possible, and we’ve also talked to people who firmly believe the exact opposite!
Even though I was making a decent salary for the first time in my life I decided to keep living like a broke student for as long as possible.
When you sit down and look at the numbers, it can be shocking to see just how much homeownership costs you over the years.
Having a paid off mortgage could make things much less stressful if you’re in full on crisis mode. You might even think of paying of your mortgage as part of your emergency action plan.
So whether your home buying journey takes 12 weeks or 6 months, once you understand step-by-step how to plan properly, it demystifies the entire process and provides a clear road-map on how to become a homeowner!
Forget the numbers, forget the idea that you NEED more or NEED less for that matter. Step back and look at what’s important to you, TALK to your partner, and make a decision based on your values, goals and financial plan