Re:US inflation means families are spending $709 more per mo...
by xedrac on Tuesday August 15, 2023 @02:09AM
(#37130760)
> Paying off your mortgage with an interest rate less than inflation is a mathematically verifiable horrible idea.
This is often the case, but not always. It also doesn't account for the much better sleep I get at night, or the unshackled feeling I experience knowing I am debt free. There's an enormous psychological benefit that is not easily quantified.
This is often the case, but not always. It also doesn't account for the much better sleep I get at night, or the unshackled feeling I experience knowing I am debt free. There's an enormous psychological benefit that is not easily quantified.