Should I Invest Or Pay Off My Home Mortgage?

Let’s create a debt-free scenario where you are faced with the decision of investing or paying off your home mortgage. Without looking at the numbers, do you know which one mathematically is the right answer? Everyone talks about compound interest and how powerful it is, but think about how much extra money you would have if you had no mortgage. If you compared the two scenarios, could you...

Don’t Sweat the Small Stuff: Saving Money on Haircuts

I’m going to say something which can be quite controversial amongst the personal finance and financial independence community.  You might have heard the concept that making small savings over time can result in considerable gains in your net-worth. This is due to the magic of compounding. Sometimes though, despite the gift of compounded returns from these small habitual savings, it just...

5 Surprising Side Hustle Statistics

It seems like everyone has a side hustle these days. With the advent of the gig economy and app-based platforms to take on extra work, side hustles can be a great way to make extra money. Learning how to make money from home, outside your day job has never been easier. So who is side hustling, what are they doing, and how much are they making? Find out all that and more with these surprising...

Why You Shouldn’t Pay off Your Mortgage Early

Deciding on whether or not to pay off your mortgage early is tricky. On one hand, reducing your monthly mortgage expense can create a huge amount of margin in your budget. However, paying extra towards your mortgage means these funds are harder to access and you eliminate the potential for that money to grow in the market. Depending on your specific situation, you could decide to go either way....