Money Management Tip #17

for America Saves Week… and Beyond

Buy a home and pay off the mortgage before you retire. Did you know that the largest asset most middle-income families have is their home equity? According to America Saves, once you make your last mortgage payment, you’ll have far lower housing expenses. You’ll also have an asset that can be borrowed against or converted into cash when sold. For more tips: http://bit.ly/ASWTips.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu