Category: Mortgage

March 2018 Mortgage Pay-Off Update & Our Mini Retirements

We reached our first goal in March to dip under a $200,000 balance! Wahoo!!

I never got around to posting our mortgage pay-off update at the beginning of April. So, here we are, the middle of April and I’m sharing it with you. Since mid-March and reaching that first goal, we’ve been shifting more money toward filling our Emergency Fund by June vs. paying down our mortgage.

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January 2018 Mortgage Pay-Off Update

Surprise! Happy New Year. January got off to a great start paying down our mortgage. It was the highest month of prepayments thus far. Don’t get too excited just yet, I will be shifting gears ever so slightly in the coming months to reach a few other financial goals before hammering harder at this wall of debt in front of us. Continue reading…

Giving Up Extra Money for More Time

I was going to title this post, “That Time I Gave Up $600,” but that didn’t seem to tell the whole story.

This school year, we have started focusing on paying down our mortgage. With that, we have been using incomes from our second jobs to pay down that mortgage with a little additional kick here or there from our main income sources.

Taking our goals into consideration, I opted to work additional hours at my second job in order to make a little more money this year than in years past to toss at the mortgage. Previously, I worked every other week or every few weeks for 3 hours at a local college as an adjunct, which adds about a 1-hour commute roundtrip for 4 hours of time. This year, I increased that to every week in the fall doubling the amount of time spent there. Continue reading…