Pay off Mortgage

cavanMan

Registered User
Messages
105
In the light of what is happening in Italy which will make the Greek crisis look light a walk in the park for the Euro, would it be a good idea
to clear my debt?? approx 25k remaining.

thank you.
 
It's always a good idea to clear your debt . If you don't have debt you can weather a crisis much easier than those with debt.

Advice from a couple of thousand years ago is still valid today.:)
The borrower is slave to the lender.Proverbs 22:7
The prudent see danger and take refuge, but the simple keep going and pay the penalty. Proverbs 22:3
 
Have approx €55k left on a tracker mortgage. 0.65% rate. Could pay it off but earning slightly more in savings.
 
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