Mark Blinch/Reuters Certain people prefer to invest surplus money, rather than use it to pay off a mortgage. In the event of 'known unknowns,' the money earned through investments can be used to make mortgage payments and offer financial support. Determine how important becoming a home-owner is to you, and distribute your finances accordingly. At 26 I bought a little condo. I was going to live there for five years — or something like that. That's what most people do. They buy a "starter home" ...
Mark Blinch/Reuters Certain people prefer to invest surplus money, rather than use it to pay off a mortgage. In the event of 'known unknowns,' the money earned through investments can be used to make mortgage payments and offer financial support. Determine how important becoming a home-owner is to you, and distribute your finances accordingly. At 26 I bought a little condo. I was going to live there for five years — or something like that. That's what most people do. They buy a "starter home" ...
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