Should I Pay Off My Mortgage Early

Which is really the better option - Should I pay off my mortgage early, or look for higher yielding ways to use my money responsibly (like investing it, paying down down debt, etc.)? It's a financially responsible question I believe most people ask themselves at some point; especially when they find themselves with some extra cash that they'd like to put to good use. More than once after my wife and I have found ourselves with a new raise or bonus, we've questioned whether it would smart to use that extra cash to pay off some additional mortgage principal every month. Why is that?  Because eliminating your monthly mortgage payment has classically been accepted as almost a sort of "pre-requirement" to achieving financial independence.  … [Read more...] about Should I Pay Off My Mortgage Early or Not?