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By: Dave Ramsey’s 7 Baby Steps: Step 6 – Pay Off The Home Early

[...] step 6 Dave suggests that you pay extra on your mortgage, and pay off your home [...]

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By: ohiodale

It depends on the inflation rate. Today it makes sense to pay down the mortgage. If inflation goes up to 6-7% it absolutely makes more sense to pay the minimum payment and invest the extra money. If...

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By: John

Hey Ohiodale, thanks for your comment. You’re mathematically correct! However, according to your logic, people should borrow against their house in order to turn around and invest the money – it would...

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