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chrissie
Apprentice
Joined: 20 May 2007
Posts: 5
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 Posted: 10/12/07 - 06:52 Post subject: |
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| Recently I got an inheritance from my uncle. It came as a surprise to me. I never expected that money. But, I guess I was lucky. Now my financial situation is much better. Since I have this money, the first thing I came up with was paying off my mortgage on the house. I wonder if I should pay my mortgage earlyer. What do you think? |
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morly
Apprentice
Joined: 09 Apr 2006
Posts: 5
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| Posted: 11/09/07 - 01:12 Post subject: |
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| I am not an expert on this matter but I will tell what I would do if I were in your shoes. I would pay off my mortgage without any doubt. This way you will be owner of the house, and you would never have to worry about your monthly payment. You always have the options in which you can invest that money. It is risky, but you can earn a lot of money as well. So decision is up to you. But you should carefully think about it, and maybe ask for a help from a financial adviser. |
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