Once every six months or so, my husband brings up paying off a chunk of our mortgage in a lump sum and I argue in favour of the offset account. The discussion that ensues is a well-rehearsed dance: Me: “But if we pay off a lump sum, if we need that cash we’ll have to...
Short answer: yes. This raises a few questions: Which debts should you pay first? How much more should you pay? What if you are having trouble finding any extra cash? Let’s examine some possibilities. Which debts should you pay first? Short...
