Sentences with phrase «than paying down»

Credit Card Wisdom • Paying revolving credit cards down is generally more beneficial than paying down student, mortgage or auto loans.

11 % - 5 % = 6 % incremental returns by investing the money rather than paying down debt.

But making the most of credit card rewards might take more forethought than paying down debt.

However, some homeowners would rather put every spare penny into an investment rather than paying down their mortgage debt.

But if you're saving for a specific need with the power to improve your life — such as moving out of your children's home or moving into an excellent assisted living facility — saving might be more important than paying down your debts.

Avoiding debt altogether is even better than paying down debt quickly.

Investing our money just seems a lot more exciting and motivating to us than paying down our mortgage.

This is so much less risky for me than paying down as much debt each month and then getting hit in the face with a big expense.

But, I did the opposite approach by investing rather than paying down debt as stock market was very cheap in 2012 and 2013 than in 2015 (see this post: https://www.financejourney.com/borrow-money-to-invest-in-stocks-leverage-investing/).

For the last few years I've been working on increasing assets rather than paying down liabilities.

Generally speaking, earning 7 % interest makes more financial sense than paying down debt at 4 % interest.

If Simon incorporates it will be better for him to keep money in his corporation rather than paying down the mortgage quicker.

You would receive an upfront tax refund, making your required rate of return threshold in order to be better off than paying down the line of credit less than 5.7 %.

If that is right, won't it be a better to contribute to the RRSP and TFSA than paying down your mortgage?

RRSP / TFSA contributions may be a better option than paying down debt when your expected long - term rate of return on RRSP / TFSA investments is higher than the interest rate on your debt.

And, if you are able to see an average annual return that beats your interest payments, it's worth considering putting the extra money toward investments, rather than paying down this low interest debt.

We assume that if it is a gift, it should be used on a «gift item» rather than paying down debt.

For the last few years I've concentrated on increasing assets rather than paying down liabilities.

I'd probably opt to contribute to TFSAs rather than paying down your rental property mortgages if your cash flow is sufficient and if your risk tolerance allows it, Jackie.

Firstly, we can see that at interest rates on the loan of 16 % or below, contributing to retirement is more profitable than paying down the loan (for always and forever!!).

This option is my least favourite simply because it would raise my taxes and although the returns would probably be higher than paying down the mortgage, it just wouldn't make sense to put money in a taxable account when the TFSA is available.

Depending on your risk tolerance, you may want to invest in a globally diversified portfolio of stock mutual funds, rather than paying down lower - interest debt.

Apart from finding your first job out of college, there is no greater sign of «adulthood» than paying down your student loans.

If that happens, more of each payment will go towards paying interest, rather than paying down the principal.

Also, your payments often go to interest charges rather than paying down balances.

Doing these things may take longer than paying down your balances on other cards, but they go a long way in establishing a good payment history, which is crucial to rebuilding your credit.

However, if you refinance, the amortization process starts over and most of each payment will again be credited against interest rather than paying down principal.

If you're carrying credit card debt, student loan debt, or both, then building cash reserves for the purpose of anything other than paying down those debts should be the last thing on your mind.

Other than paying down your credit card debt, there are other actions you can take.

We decided, and I will not change my view that services provided by the County are more important than paying down the deficit at an unreasonable rate.

ICYMI: In anticipation of another tough uphill battle for the majority, the Senate Democrats are marshaling their resources, focusing on stockpiling cash for competitive races rather than paying down their remaining debt from 2010.

Yes you can pay off mortgages but I would rather spend my capital acquiring new properties and keeping them financed (8 - 15 % return on capital) rather than paying down mortages (only 4 - 5 % return depending on interest rate).

Heck if you would have invested your money into a taxable account, and taken out a 30 year fixed mortgage when rates where at all time lows, I'd be willing to bet you could pay off your mortgage with the assets you accumulated rather than paying down your mortgage.

Even in the UK (sector down 5 % ytd), where LTVs have been steadily falling since 2009, we still have companies with LTVs of over 40 % prepared to raise dividends rather than pay down debt.

I would sooner leave money in a chequing account for emergencies than pay down a mortgage.

Think of it like this, if you have a loan with an interest rate of 3 %, but you have stock market investments that continually return at 7 %, it is more profitable to maintain some level of investment rather than pay down all your debt in a sprint.

If your car's value depreciates faster than you pay down your loan (i.e. amortization), then you will become upside down in your loan.

My point is that as long as the interest rate you are borrowing at is lower than the rate you can reasonably get in the market, you would be better off to invest rather than pay down the mortgage.

When in doubt, you can do a lot worse than pay down debt.

In that case it would make much more sense to invest your money rather than pay down your mortgage.

If you chose to build up savings rather than pay down your mortgage, you're not alone.

It is always easier to get into debt than get out of debt, and with high interest rates it is easier to get more debt than pay down your balance.

Rather than pay it down, I'd invest those dollars.

As you can see, there is a big financial incentive to invest rather than pay down your mortgage.

Sometimes paying off the car or other loan with the 401k loan does more to reduce your debt to income (DTI) than the pay down of your loan.

Not exact matches

But if you attend a few classes a week, the investment will easily pay for itself and bring the per - class rate down to less than what you were previously paying.

This may mean making less money this year than we otherwise would, but we're confident our investments will pay off down the road.

The result is Canada is at «some risk» of a balance sheet recession — a period of slow growth or decline caused by consumers saving and paying down debt rather than spending.

The down payment should always be large enough to make the purchaser feel like an owner rather than a renter, and the payments should be timed so that the item is paid off at a faster rate than it is likely to depreciate from use.

Even when comparing the sexes with the same job title at the same company and using similar education and experience, the gender pay gap persists across the board: Men earned 2.4 percent more than women on average, down slightly from last year, according to a study by salary - tracking website PayScale.