Monday Morning Money

Should I Use My Savings to Pay Off My Mortgage?

October 11, 2020

This question is from Karen. She asks, "With interest rates so low, we aren't earning anything on our savings. I'm also worried about another significant drop in the stock market. Should I take money from my savings to pay off my mortgage?"

There are two parts to this. One is eliminating debt. The other is what is the better use of your money?

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