1938: Mortgages And the Banker's Jar by Barney
Optimal Finance Daily - Financial Independence and Money Advice
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Repaying the Mortgage
A house is a productive asset. It provides shelter, security and a store of value that tends to rise over time along with growth in the economy. There is an optimal level of mortgage fear. A little edge of unease can be helpful as motivation to get out of the hole as quickly as possible. Too much fear, however, can paralyze and persistent debt worries will eat away at you. Repaying the mortgage provided a clear, achievable goal.
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