What do the rich people have in common when it comes to mortgages? Well, they are all averse to incurring debt. If you dream to financially succeed in the near future, you should be wary of simple yet meaningful things like repaying your debts as soon as you can. If you have a mortgage and you also have some extra money to spend, a good way of spending it would be by making lump sum payments in addition to what you normally pay each month. This practical approach to debt settlement works by decreasing your mortgage principal, your interest payments and eventually the term of your loan. The more frequent the payments, the better. However, this...
13 Dec
