Friday, August 8, 2008

Working on Paying Home Off Early

Our goal is to pay off our home early. Because of the economy right now and also the interest rate on our home being higher than what our 401K was earning, we have temporarily stopped contributing to the 401K and have been adding that money, as well as extra, to principal on our home. Hubby and I are nearing retirement age. This blog is about paying off our home and becoming debt-free. The Bible tells us not to owe anyone anything but to love them. I truly believe this.
..........................................
Hubby and I paid an extra $132.00 on the principal of our home last month. After that, we were owing a little under $54,000.00. Yesterday, we sent in $500.00 on the principal. Thank You, Lord. For a web begun, God sends thread.
..............................................