I’ve got just one quick tip for you this morning because I’m heading to a conference and didn’t write this post the night before… I was extremely busy watching movies all day yesterday. Oops.
MAKE ONE EXTRA MORTGAGE PAYMENT EACH YEAR.
If you can’t do it in one lump sum (I know I can’t), then divide what your mortgage costs by 12 and just pay that month extra towards your principle each month.
Here is a little calculator to help you figure out how much this can reduce your mortgage by.
For the month of October, I will be participating in The Nester’s 31 day challenge.