pay-off mortgage



The monthly mortgage payment can be burdensome for many. You may have thought of the possibility of paying your mortgage faster. You may think of getting a new job or work overtime to increase your income. You do not have to do it. Here are some tips you can do on a daily basis to save more al funds and pay off your mortgage at a swifter rate.

Make your Lunch

The five or ten dollars spent on lunch might not seem like a lot, but over time this amount adds up to a lot of savings. Instead of hitting the café, pick one or two nights each week to prepare lunch for so you can skip the daily expense.

Take A Coffee To Go

Like lunch, coffee is another thing that can end up costing a lot of money. Instead of going for the two-dollar cup, make a pot before you leave for the day or opt for the office coffee rather. If you prefer yours on the go, you can always make it a once-a-week treat.

Avoid The Impulse

This might seem like a hard one to stick with. But instead of buying something because you want it, sit on it for a day or two and see if it still appeals to you. Probably, the desire to buy will pass and you'll manage to keep more money in the bank.

Read The Flyers

Items like groceries may be a necessity, but that doesn't mean that you have to buy the first thing you see. From fruits and vegetables to packaged goods, there are plenty of food items that go on sale all the time. By the time the month is out, you'll be surprised how much you can save just by shopping around.

Skip The Cell Phone Plan

For most people, having a cell phone is a necessity these days. Yet, there are ways that you can get around the high costs that are often associated with smartphones. Instead of going for the expensive plan you have, settle for a little bit less service and talk to your provider about deals they can offer you.

It may seem like paying a higher monthly amount on your mortgage is impossible. But as shown above, there are little ways to save each day that can help you pay it down faster.

If you're planning on looking for a new home soon, contact one of our mortgage professionals as early as now.