Congrats on your 5 year anniversary with the company, that’s a respectable milestone!
We actually had our mortgage payment reduced a little bit surprisingly, but it was in the form of escrow since we roll our taxes and all that into it. I increased it right back to the amount we were paying before though because that’s extra money on the principle and reduced life on the mortgage, which we’ve talked about before is a big win. I’m hoping to be out of this house in 2-3 years for our “permanent” home but who knows.
It definitely feels good to turn a good corner and get more funds focused on doing things like putting some extra towards the mortgage that’s for sure! Congrats to you on that for sure dude.
I know that there are going to be quite a number of people who are short sighted in their mindset for finances but there’s also a considerable amount of people who are being smarter with their money, out of necessity for sure but that’s a promising notion. We still need to fight to try to educate the people who aren’t as good with money because we need to protect everyone, in this battle over power from the powers that shouldn’t be, it’s a crucial matter that we fight for everyone and don’t expect others to fall before us.
There’s that famous saying, which I’ll butcher of course but it was like “they came for the peasants, but I did not say anything because I was not a peasant. They came for the craftsmen, but I did not say anything because I was not a craftsman. They came for the farmers, but I did not say anything because I was not a farmer. Then they came for (what ever his group was) but there was nobody left but me”. The more we fight for others the better we all are!
Yep, a pizza a month on the mortgage is about a year off the payback period.
I agree. There is a polarization in it happening of sorts, and I think crypto has played a big part in the retraining. People are more interested in their personal finances than before, rather than taking it for granted that someone will look after it for them.
Was just chatting with some colleagues about misaligned incentives across all things. It started as a conversation about overweight people often having less wealth. Everything is connected.
Yes. And this is why I believe that wealth generating incentives should be correlated to wellbeing. Currently, it is make money at any cost.