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My wife and I worked ourselves out of debt, except for the remaining bit of her student loan, which we hope to finish paying off in August. We have just over $15k in savings, and are about to purchase our house. It's scary. The house was left to my brother and I from my mother passing away, so I really only have to pay for half, but it's still about $140k.
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Jul 26, 2012 20:32
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| # ¿ Apr 28, 2024 09:01 |
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Congrats! What does your business do?
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Jul 27, 2012 00:01
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My wife and I took a little out of our savings account, and finally paid off her student loans. Other than our mortgage which is about $140k, we're finally debt free and have close to $20k in a tax-free savings account. The mortgage is 2.99% fixed for 5 years, and we're getting 2% in the TFSA. Each year we're allowed to pay up to 15% of the initial amount of the mortgage as an additional payment, which is about $21k per year. Is it worth putting the money on the mortgage, or stashing it away somewhere?
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Jan 19, 2013 18:29
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Just had my two year review and had my salary bumped up by $6000. Holy crap it feels good.
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Apr 2, 2013 18:55
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Just got a 25% raise and moved up to lead programmer! 
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Nov 14, 2013 23:20
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