- April 24, 2024
- Posted by: legaleseblogger
- Category: Related News
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**Financial Situation and Dilemma**
We recently successfully paid off our student loans and the family car after dedicating a couple of years to the cause. However, we still have a substantial mortgage with an interest rate of 6.25%. While the mortgage currently represents just a small portion of our overall budget, we are unsure of the best way to allocate the excess funds we now have. Should we focus on paying off our mortgage more aggressively, or would it be wiser to invest in index funds or a High-Yield Savings Account (HYSA) instead?
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****** just grabbed a
These taxes seem low to me.
There doesn’t seem to be any need for improvement. Your eating out and grocery cost are very impressive for a family in HCOL city.
The only thing is do you have guys investments not tied up in retirement accounts?
I’d consider a back door Roth IRA to diversify your tax treatment in retirement