Early last week I made an over-payment of 0.20% of the mortgage. Still on track for my 2016 goal which is to overpay the mortgage by 3%. My taxes have been submitted and hopefully the refund will come next month and I'll be able to put a bit more towards the mortgage overpayment.
There are definitely times when it is hard to make this overpayment. I've been doing it for over 3 years now and it does get old fast especially when the horizon is very, very far away. But I think reducing my mortgage overpayment a bit (adjusting it to send the other monies to investments) has helped. I don't feel as though all my money is inaccessible. Yet I still feel like I'm making *some* progress.
Of course if I won the lottery tomorrow, I'd pay it all off in one big swoooooooop! :-)
Pru
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Positive comments are always welcome. Negative comments will be deleted. Selling something - ain't gonna happen. I'm not a financial adviser and you're probably not either. Careful what you recommend.