When you have a limited amount of money coming in each paycheck, it can be very easy to have conflicting financial goals, such as:

1. Achieving financial independence.
2. Paying off real estate (such as an investment property or personal home).

Asking “Should I pay off my mortgage?” and not knowing the answer is a problem many homeowners face. For many, it’s a difficult choice because the right answer is different for everyone. Decisions are extremely individualized to your specific financial situation. Let’s talk about what might influence this decision of paying down your mortgage for you and your family.

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