Meager Income

Pay Off Debt, Retire Comfortably on Meager Income, Win the Lottery, Not Necessarily in that Order

My Mortgages

My goal is is to be free of debt when I retire. I’m currently focused on paying down my mortgage which consists of two loans. The combined interest rate is fixed at 3.25. If I were to adhere to the amortization schedule the last payment will be due in 2044. Due the drop in interest […]


I hate Private Mortgage Insurance (PMI). I’m not sure why it is allowed to exist. The fee is paid by the borrower to protect the lender. I think that because there is no benefit to the borrower and it only benefits the lender the lender should be pay for it. I’m paying $123.50 a month […]

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