On the road to the nirvana of financial freedom, you will find the speed bump of mortgage payments. You are not alone. Of the $13.15 trillion that Americans owe, $8.88 trillion is in the form of mortgage loans. So, should you pay off your mortgage wholly or invest more for financial protection?
The answer to this question is not always cut and dry. Wishes aren’t horses, and your desire to be free may be in sharp contrast to your financial statements. A delicate balance between your desires and financial insight is what is needed to make the right call. Continue reading