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Should I pay off my home mortgage? - Click To Read Article
I want to pay off my home mortgage by the time I'm 60. Is it a good personal finance strategy to put all my spare money into paying off my mortgage, or is it better to invest the money in stocks or mutual funds and hope that I have enough money to pay off my mortgage when the time comes?
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Sally Herigstad
(Visit Sally's Website)
Sally Herigstad, CPA, has written numerous
finance articles for Microsoft's personal
finance division over the last eight
years. As a writer and finance consultant
for MSN Money, a personal finance software
product, she used her finance expertise to
help develop software features to help
people better manage their money.
She has written articles for MSN Money
online, Ministry, and Coping With Cancer.
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When Sally taught personal finance
classes, some students asked her where
they could find a good beginning book of
money advice - one that didn't use terms
they don't understand or that assumed they
had a lot of money to invest. Looking at
the personal finance sections of
bookstores, Sally found plenty of books
about investing and getting rich, or about
filing for bankruptcy, but nothing on
surviving a financial crisis this month.
As a result, Sally wrote Help! I Can't Pay
My Bills, Surviving a Financial Crisis
(St. Martin's Press.
Sally is a member of the Washington
Society of Certified Public Accountants
and the American Institute of Certified
Public Accountants.
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