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Nothing dismissive just something I found interesting given past discussions
In other words if you waited 3 paychecks to pay off your mortgage there would have been no discomfort?
"I find it interesting"..
I hear this phrase amongst a certain socioeconomic class. I used to hear it a lot when my husband was in academia...
In their case, as in yours, it's said in a manner that presents itself with a sense of objectivity, but really, one communicates disapproval or reproach. I also understand from previous discussions how you really feel. Don't even bother with the pretense.
But to answer the question: ABSOLUTELY. My 2016 goal was to pay off the mortgage on July 5 and have a remaining balance of $30k or so. That's about as much liquidity as we ever keep anyway.
I hear this phrase amongst a certain socioeconomic class. I used to hear it a lot when my husband was in academia...
In their case, as in yours, it's said in a manner that presents itself with a sense of objectivity, but really, one communicates disapproval or reproach. I also understand from previous discussions how you really feel. Don't even bother with the pretense.
But to answer the question: ABSOLUTELY. My 2016 goal was to pay off the mortgage on July 5 and have a remaining balance of $30k or so. That's about as much liquidity as we ever keep anyway.
There is no disapproval of reproach. You attempt to inject what you feel my feelings are and you couldn't be more off base I couldn't care less how your personal situation works out. I do find your commentary interesting based on our previous discussion about paying off your mortgage and the flexibility it gives you.
There is no disapproval of reproach. You attempt to inject what you feel my feelings are and you couldn't be more off base I couldn't care less how your personal situation works out. I do find your commentary interesting based on our previous discussion about paying off your mortgage and the flexibility it gives you.
What do you find interesting? There isn't anything remarkable or interesting about it. I had a mortgage, now I don't. Now I have an extra $1200 in my account each month to do as I please.. in other words: options! That's the definition of flexibility!
What do you find interesting? There isn't anything remarkable or interesting about it. I had a mortgage, now I don't. Now I have an extra $1200 in my account each month to do as I please.. in other words: options! That's the definition of flexibility!
You just expressed some angst with your lack of liquidity. Absence your choice to pay off the mortgage earlier than planned, you would have had more flexibility and liquidity. It really was the crux of the disagreement we had and shortly after you post about the lack of liquidity and clearly still don't see the connection. That to me is interesting
You just expressed some angst with your lack of liquidity. Absence your choice to pay off the mortgage earlier than planned, you would have had more flexibility and liquidity. It really was the crux of the disagreement we had and shortly after you post about the lack of liquidity and clearly still don't see the connection. That to me is interesting
It is the lack of emergency fund that is presenting a temporary lack of flexibility and liquidity and, in a way, it has nothing to do with being mortgage free. Your second response in this thread suggested that it was because I paid off my mortgage that I am uncomfortable.
Being mortgage free is irrelevant.
But go ahead.. keep believing that it's all about the mortgage pay off...
It is the lack of emergency fund that is presenting a temporary lack of flexibility and liquidity and, in a way, it has nothing to do with being mortgage free. Your second response in this thread suggested that it was because I paid off my mortgage that I am uncomfortable.
Being mortgage free is irrelevant.
But go ahead.. keep believing that it's all about the mortgage pay off...
If you hadn't paid off the mortgage your emergency fund would be fine. Also if you waited three paycheck periods your emergency fund would be fine as well. It's clear mathematically paying off the mortgage certainly put a liquidity pinch on your situation
If you hadn't paid off the mortgage your emergency fund would be fine. Also if you waited three paycheck periods your emergency fund would be fine as well. It's clear mathematically paying off the mortgage certainly put a liquidity pinch on your situation
I could have used the money to buy a car or trip around the world. I could have bought something at Tiffany's. It doesn't matter what I spent the money on (well, it does to me). I took the risk. I'm uncomfortable.
Congrats to ya, I wish I even had the chance to buy a house. Hopefully sometime in the future. I have hope. Renting is just not worth it.
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