Recently I read Start Late Finsish Rich, and Authomatic Millionaire. As soon as I understood the difference between bi-weekly and monthly mortgage payment, I immidiatelly called my bank and transfered to bi-weekly. I also negotiated the interest rate that me and my husband were paying on our credit cards. Next thing we will do is to increase his RRSP contributions, as he works for the company that matches 50%; to open a RRSP account for myself.
Our Latte factor was dinners with friends every weekend, which we cut it down to twice a mounth.
Thank you for the motivation. McIntyre’s story inspired me to save and pay off my mortgage earlier. I am thinking of the things that I can do with the money I’ll have when I will be living in my mortgage-free home.