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Heartland on FIRE

Blazing a Trail Towards Financial Independence

Blazing a Trail Towards Financial Independence

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Debt Pay Off

Pay Off Low Interest Debt? Why We Defy Common Wisdom

August 15, 2019 by Mr. Heartland on FIRE

We just refinanced our house into a 15-year mortgage. We will be paying off our car loan early. The mortgage was 4% (now 3%) and the car is 2% interest. The math says that it’s usually better to invest your money than to pay off low interest loans. So what the hell are we doing?

[Read more…] about Pay Off Low Interest Debt? Why We Defy Common Wisdom

Filed Under: Uncategorized Tagged With: debt pay down, Debt Pay Off, Financial Independence, pay off debt or invest?, personal finance

How we “Settled” for Paying Down More Than $56,000 in Debt in 1 Year

December 28, 2017 by Mr. Heartland on FIRE

Best laid plans went to crap? Perfect… How we backed into Debt Destruction.

[Read more…] about How we “Settled” for Paying Down More Than $56,000 in Debt in 1 Year

Filed Under: Debt Reduction, Smart Spending Tagged With: Car Payment, Dave Ramsey, Debt Pay Off, House buying, Rental Property, Smart Spending, Suze Orman

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