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    ukonlineshopping
    Clear my mortgage with poverty or leave it for now?
    • #1
    • 1st May 12, 11:28 PM
    Clear my mortgage with poverty or leave it for now? 1st May 12 at 11:28 PM
    Been saving to pay off my mortgage for 4 years now and have 40,000 left. If I save 1k a month, which means I will have to live extremely frugally for 3 years I will have it paid off in full.

    Why am I doing this?

    -To be financially free
    -To be able to go part time if I want to
    -To prepare on what I think will be a very hard few years coming in the economy

    It has been hardwork and I have put most of my time into my home business and trying to build it up.

    Is it time to live a little and take a break on saving or push on and get it paid off?
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