Search found 4 matches

by Lyonsguy
Wed Jun 28, 2017 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: I need a strategy to address debt and savings
Replies: 38
Views: 4177

Re: I need a strategy to address debt and savings

My priorities? 1 -possibly sell car and downgrade. 1a- Put 175 payment into 401k (to get the 5% match. 1b - Put extra money from downgrade into credit card payments. You will probably be able to pay off all credit card debts with this. That one sell and downgrade just eliminated 3 sources of debt an...
by Lyonsguy
Sat May 20, 2017 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Suggestions for paying off a loan
Replies: 13
Views: 1245

Re: Suggestions for paying off a loan

I once paid off an 8% 2nd mortgage by utilizing a 28k credit card 0% no transfer fee 12 month float. during those 12 months I paid the 2nd mortgage amount plus extra, but into my 1st mortgage. Then at 12 mo the I paid off the credit card in full from a transfer from a home equity line of credit at 4...
by Lyonsguy
Thu Apr 20, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: I will pay off mortgage at 40. What next?
Replies: 22
Views: 2862

Re: I will pay off mortgage at 40. What next?

Congrats. Paid my house off around your age and have been without a mortgage for nearly a decade. What did we do? More taxable investing, took more vacations, increased what we'd normally spend on a car, built up the savings account more, and in general just become stress-free in life. Was able to ...
by Lyonsguy
Wed Apr 19, 2017 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: I will pay off mortgage at 40. What next?
Replies: 22
Views: 2862

I will pay off mortgage at 40. What next?

So I'm 38 and will be paying off my mortgage in about 2 years. I'd like to get some feedback from others who are on track or have already paid off mortgage pretty early in life's bout what they did after paying off mortgage. Maybe I'm complicating things but I'm also looking outside the box from sta...