Posted by Edd in KY on March 08, 2014 at 08:37:00 from (98.23.60.13):
In Reply to: paying off mortgage posted by austin carpenter on March 08, 2014 at 06:18:21:
It is hard to put a price on peace of mind. I paid mine off years ago because I just liked the feeling of stability and safety that comes from having no debt.
Had a friend that retired with a big mortgage, and I got tired of listening to him worry.
In my case and with my mental outlook, life is too busy and hectic to go through all sort of schemes, transfers, machinations, juggling etc etc for 1% return difference.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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