If everyone gets a bailout what is the point of being responsible and trying to pay off a mortgage early?

June 26th, 2009 | by admin |

I’ve always tried to save and pay extra on my mortgage just for times like these where jobs are not so abundant. I am now at the point where if it were necessary, I could pay it off but it seems it would be stupid to do so since there are so many bailouts or other safety nets emerging to prevent foreclosure. It’s almost as if we are entering the initial stages of home ownership being nationalized in which case it would really not make sense to use the money to pay off the mortgage.

Star for you.

Then no one would care about paying off debt when the government will do it for you.

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  1. One Response to “If everyone gets a bailout what is the point of being responsible and trying to pay off a mortgage early?”

  2. By Derek on Jun 26, 2009 | Reply

    Star for you.

    Then no one would care about paying off debt when the government will do it for you.
    References :

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