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Re: Aldeer Financial Advice
[Re: bama_earl]
#3883094
03/23/23 04:52 PM
03/23/23 04:52 PM
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Joined: Jul 2005
Posts: 19,206
Chelsea, AL
straycat
Old Mossy Horns
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Old Mossy Horns
Joined: Jul 2005
Posts: 19,206
Chelsea, AL
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Emergency fund first, if you don't already have it.
Pay off shortest term loan first., truck.
Snowball that payment into the mortgage by paying a separate principal only payment of the payment amount each month at least for the remaining term of the truck.
Any leftover balance then put it to good use or continue Snowball toward mortgage that same truck payment.
But...if you paid off your mortgage now, it certainly wouldn't be a bad move. Figure out your tax deduction to see if it is really an issue without the mortgage interest deduction.
"The grass withers, the flower fades, But the word of our God stands forever." Isaiah 40:8
"Neither the wisest constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt.� Samuel Adams
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