How To Pay Off A House in 7 Years!!

  Рет қаралды 9,784

Frugalgreengirl

Frugalgreengirl

Күн бұрын

Пікірлер: 26
@niftythriftybits3727
@niftythriftybits3727 8 жыл бұрын
Awesome!!! To have your home paid off in 8 years is quite an accomplishment! That took some dedication in making some smart choices and being frugal but just look at the payoff for your choices! Having a home that is paid for is such a relief and such a burden lifted off of you! Well done!!!
@frugalgreengirl
@frugalgreengirl 8 жыл бұрын
6:52 We were 28. I should have double checked my math BEFORE recording the video, Sorry.
@naomiking2442
@naomiking2442 8 жыл бұрын
What a wonderful story! So proud of what you and your husband have accomplished! Looking forward to watching your other videos!
@frugalgreengirl
@frugalgreengirl 7 жыл бұрын
Naomi Talking Money Thanks and welcome new friend! 😀
@cynthialenz
@cynthialenz 8 жыл бұрын
Wow! Good for you! You are doing such a beautiful job of presenting an alternative to the life of debt most people just sort of figure they have to settle for because "it's normal."
@missgood5648
@missgood5648 8 жыл бұрын
Your story is amazing your inspiring me to get my financial act together thank you for sharing!
@nancyruiz615
@nancyruiz615 8 жыл бұрын
Excited to see the tour!
@annjean4369
@annjean4369 6 жыл бұрын
Great video! Thank you for sharing.
@MrChip123472
@MrChip123472 8 жыл бұрын
This is good as long as you've saved a good chunk for your retirement along the way. I've taken a somewhat different approach in focusing on savings/investing while just making my mortgage payments smaller each time that I renew. At the current interest rates (meaning the past 10 years), I personally think it's better to not try to pay down your mortgage aggressively. In putting my money in investments instead of paying down my 2.5% mortgage I've saved at least an extra 100k. Good video and good food for thought to bring up.
@cultivatingmylife4705
@cultivatingmylife4705 8 жыл бұрын
This is what we are trying to do. Just chuck any extra at the house. Saving this for when I need inspiration.
@1960genius
@1960genius 8 жыл бұрын
this is good information no matter what your age!! THANK U!!
@blaze41203
@blaze41203 8 жыл бұрын
thanks for sharing, you are really amazing and smart, especially to be so young!
@MrDpms2010
@MrDpms2010 7 жыл бұрын
I was 30 when I paid cash for my first house. Best money I ever spent
@elizabethpendleton3421
@elizabethpendleton3421 8 жыл бұрын
AWESOME, Congratulations!
@Myfrugallife
@Myfrugallife 8 жыл бұрын
That's so cool to have no mortgage payments. This way you can save more towards your next goal. I can't wait to get there too. Also, biweekly payment schedule isn't always compounded daily. I was looking to switch to biweekly, but then I read the fine print, and it said that the payments will sit there until it's enough for a month's payment, and after you make all the payments for the year, all the next biweekly payments will go towards the principal. So, I figured, we are better off just paying extra with every payment.
@missgood5648
@missgood5648 8 жыл бұрын
Thanks for inviting me!
@frugalgreengirl
@frugalgreengirl 8 жыл бұрын
No problem, hopefully you can come! ;)
@millionaire99i
@millionaire99i 6 жыл бұрын
This is an incredible story. I want to pay off my house in 7 years. #Goals
@frugalgreengirl
@frugalgreengirl 6 жыл бұрын
You can do it! Good Luck!!
@millionaire99i
@millionaire99i 6 жыл бұрын
Frugalgreengirl Thank you!
@donajean33
@donajean33 5 жыл бұрын
When you make that extra payment make sure to pay on principal only.
@KMF3
@KMF3 6 жыл бұрын
Did you save money for your second house by investing or just putting it in the bank?
@thecontentedhome9167
@thecontentedhome9167 8 жыл бұрын
Way to go!
@KMF3
@KMF3 6 жыл бұрын
I refinanced once already. I had a 30 year mortgage at 5.87%. Then I refinanced to I believe a 20 or 22 year mortgage I'm going to have to check on that and 3.85%. With what you're saying about this I'm wondering if I should refinance again try to get a lower interest rate because you said you're paying 2.85% and make it a 15 year mortgage but pay it off early. What do you think about that?
@julesm.8515
@julesm.8515 7 жыл бұрын
First of all, you look about 16, not 28 or more. Second, how did you get so smart, so young? I unfortunately, didn't get into this kind of mindset until I was much older.
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