04-13-2015, 08:20 PM
I've always been about paying off debt. The first house, the starter home, it felt GREAT paying that puppy off and I was able to enjoy it all of two months before my wife and I upgraded to our forever home lol. Now, I look at debt differently, sure, any debt other then your mortgage should be paid off, IMHO. Looking back, I would have been so much better off putting the extra money in the stock market, even in taxable accounts, other then paying off that first home. Don't get me wrong, it does feel great being mortgage free but I just feel that there are smarter places to put your money to work for the long term, especially with these interest rates.