Pay Mortgage Sooner With Daily-Balance Thinking (Explained Simply)
Published on October 23, 2024
The way you think about your money can be the key to paying off your mortgage sooner. This article introduces "daily-balance thinking"—the mindset of minimizing your loan balance every single day, not just once a month. We explain how this simple shift, powered by the right financial tool, makes your cash flow incredibly efficient at crushing debt.
Table of Contents
Monthly vs. Daily: A Mindset Shift
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How Your Bank Calculates Interest (And Why It Costs You)
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Putting Your Cash to Work, 24/7
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The Aggregation of Marginal Gains: Small Daily Wins Add Up
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Adopting a Daily-Balance Mindset
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Educational only, not financial advice. Estimates vary by spending patterns and lender terms.