Pay down the mortgage, or set money aside for those inevitable homeowner emergencies?

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Mortgage Renewal in Cambridge, ON

Having at least a few thousand dollars safely parked in a savings account makes both financial and emotional sense. It’s a better use of your money than any piece of furniture, window treatment, rug, paint job or electronic device. It also beats paying down your mortgage, which can feel like a top priority if you’re keen to dispatch your mortgage debt as soon as possible.

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Original Article Source Credits: the globe and mail, https://www.theglobeandmail.com/

Article Written By ROB CARRICK

Original Article Posted on : JANUARY 16, 2020

Link to Original Article: https://www.theglobeandmail.com/investing/personal-finance/article-pay-down-the-mortgage-or-set-money-aside-for-those-inevitable/

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