Over the last 9 months, most Americans have been unable to spend as much as they normally would on discretionary items like travel, dining, and entertainment. If you were fortunate enough to maintain your earnings potential it is likely you have some extra money in savings - the question I get as an advisor is “Should I put some of this toward the mortgage” In this episode, we will discuss the pros and cons of putting extra toward the principal of the mortgage and review some of the concepts of compounding interest to help you make confident decisions for your personal situation.
