Pay Off Debt or Invest Interview 2 (The Graying Saver)

The Cabin Mortgage Payoff

Editor: I’d like to introduce you to The Graying Saver. He’s chasing financial independence (FI) and early retirement as well. BUT he’s not willing to give up his beautiful looking North Carolina cabin (a second home) in order to do so. There’s still a mortgage on this property and he has to decide between using his extra savings to pay down the mortgage or invest.

I think you will appreciate his story. 

TGS and son hiking
TGS and son hiking

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Pay Off Debt or Invest Interview 1 (Winning Personal Finance)

I recently wrote about a variety of factors impacting whether one should pay off debt or invest. Everybody’s financial situation is different and this decision has numerous variables. I thought it would be helpful to share stories and reasoning from those who’ve made this decision. Below is a set of questions in which I interviewed the most willing participant I could find:

Myself.

Interview with Winning Personal Finance

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Should You Pay Off Debt or Invest? (It’s Obvious!)

When I started this blog, I emailed the first post to a handful of friends and family. I asked if there were any personal finance topics they wanted me to cover. There was just one topic requested by more than one person and it impacts most of us. The question is: should you use extra money to pay off debt or invest?

Pay Off Debt or Invest

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