Pay Down Your Mortgage Faster: 7 Small Tweaks with Big Impact
Published on October 21, 2024
You don't need a windfall to make a dent in your mortgage. This article provides 7 actionable, small adjustments you can make to your daily and monthly financial routine. From automating savings transfers to optimizing bill payments, these tweaks are designed to increase your cash flow surplus and feed the daily-balance strategy, helping you pay down your mortgage faster.
Table of Contents
1. Round Up Your Purchases
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2. Automate a "Pay Yourself First" Transfer
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3. Time Your Bill Payments Strategically
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4. The "Cash Diet" for One Week a Month
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5. Negotiate One Bill Every Quarter
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6. Use a High-Yield Savings Account... The Right Way
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7. Conduct a Subscription Audit
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Educational only, not financial advice. Estimates vary by spending patterns and lender terms.