Tuesday, April 19, 2011

Mortgage Free!

So, apparently, after a brief discussion with my hubby yesterday, I discovered we are mortgage free! Umm, doesn't that kind of milestone deserve a party or a date or some sort of celebration? No, he says, that costs money! :0) I don't even know when that accomplishment was reached but sometime in the past 8.5 years, we paid off the debt on this house! (Pats herself on back! Okay, pats hubs on back - he earned the money!). Now, don't get me wrong, we are not debt free. We have always paid our credit cards, never carrying a balance on them, we have bought all our vehicles with cash and we don't believe in borrowing or financing for things like furniture or TVs (as a matter of fact, we don't believe in buying new TVs!) or whatnot. We do have still a bit owing on the new country property we bought plus we have an agricultural investment that is still owing. The nice part about that one is that it pays out (very occasionally in this market) and is a tax deduction - the best kind of debt to have, next to no debt. So, anyway, I am celebrating with a tall glass of cold water the fact that our house is paid off! Yippee!


  1. WAY TO GO!! I'd say that calls for a celebration :).

  2. yay!! Good for you guys!! Back in the day they used to have what was called 'a mortgage burning party'!!

  3. Yes, I do think I will insist on such a celebration when we pay off the mortgage on our next house! That will certainly be worthy of a party (not that this one is not!)!


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