Would you love to have a mortgage free home sooner than 15 or 30 years? Do you believe that you have to earn a lot of money in order to do so? Well, we want to tell you that is not the case. When we purchased our second home a few years ago one decision that we made was to pay off our mortgage loan as quickly as we can.
At no point, have we ever even considered allowing the the thought of our level of income stop us from marching towards our goal! We are a one-income family and we are living proof that you should never despise small beginnings. In the beginning stages of this journey, we could only squeeze $130 out of our budget to throw at our 30 year mortgage. This is something that we did on a consistent basis…EVERY SINGLE MONTH!
One day I made a phone call to our mortgage company to increase our auto pay by an extra $20 or so. The caller was so eager to tell me what a great job that we were doing. He said, “You guys are doing great”! He mentioned that we have knocked 13 years off of our mortgage, just by throwing small amounts towards our mortgage every month.
We detailed the exact steps that we took to accomplish this amazing goal in the video below. You will discover some of the strategies that we used to make this possible in such a short period of time. Click here if you can’t see the video below.