M.F.D.

Submitted: Friday, Feb 11, 2005 at 15:23
ThreadID: 20343 Views:1519 Replies:5 FollowUps:3
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Today has just become M.F.D. (Mortgage Free Day) for me. Just made the last payment. So now the interest rates can sky rocket.
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Reply By: Member - Paul J (ACT) - Friday, Feb 11, 2005 at 15:31

Friday, Feb 11, 2005 at 15:31
I had that feeling in 96 when i was just 27, but late 03 i thought bugger it, living in equity, might as well get some money, so mortgaged again, i cant wait till M.F.D again. Good on you Rod, but i hope the rates dont sky rocket....

Cheers Paul..
AnswerID: 97869

Reply By: Alan S (WA) - Friday, Feb 11, 2005 at 15:34

Friday, Feb 11, 2005 at 15:34
So now you have more money to spend on camping gear, car parts and other boys toys. Go for it.

Alan
AnswerID: 97870

Follow Up By: Rod W - Friday, Feb 11, 2005 at 15:40

Friday, Feb 11, 2005 at 15:40
Yep this is true. Having a wack or one's wage being gobbled up each fortnight make's one a bit frugal... but I’m sure I could change.
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FollowupID: 356400

Reply By: Member - Ray M (QLD) - Friday, Feb 11, 2005 at 17:10

Friday, Feb 11, 2005 at 17:10
Congrats Rod
Been there myself but like Paul went and borrowed again so yeah I hope interest rates stay for awhile too... sorry mate but well done anyway
Cheers Ray
AnswerID: 97882

Reply By: Vince NSW - Friday, Feb 11, 2005 at 17:22

Friday, Feb 11, 2005 at 17:22
It feels great. Went through the same about 6 years ago and then this funny feeling took over and we have now purchased a couple of investment places.
It just did NOT feel right having all that money to spend.

Vince
AnswerID: 97892

Reply By: Member - Davoe (WA) - Friday, Feb 11, 2005 at 18:28

Friday, Feb 11, 2005 at 18:28
WHERE ARE YOUR PRIORITYS ! I recently gained enough in the bank (offset mortage) to pay off my house - so I bought another 4by
AnswerID: 97910

Follow Up By: Rod W - Friday, Feb 11, 2005 at 18:31

Friday, Feb 11, 2005 at 18:31
What so you can bush bash (LOL)
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FollowupID: 356443

Follow Up By: Member - Davoe (WA) - Friday, Feb 11, 2005 at 18:35

Friday, Feb 11, 2005 at 18:35
nah leave that to the work vehicles 1) there so much better at it and 2) big difference between my vehicle and the work on - its funny when the work one breaks
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FollowupID: 356446

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