Another colleague told me two years ago she has fully paid for her home by 41. The couple is now looking into either investing in another property for rental income or investing in blue chips.
So it is not true that people nowsadays don’t choose not to pay off their home as early as possible.
Did the couple really lose out by clearing off housing debt first instead of having more cash for investing?
Does it make more sense to have a peace of mind over the next few decades of staying debts-free and have that feeling of richness in us?
What will be your greatest worry when the next big recession hit? Have you seriously think about it?
“debt-free and that, to me, is richness enough” – Tabitha Wang
“I was debt-free …