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re: Savings Advice from the MT Experts

Posted on 6/18/14 at 5:15 pm to
Posted by Colonel Flagg
Baton Rouge
Member since Apr 2010
22817 posts
Posted on 6/18/14 at 5:15 pm to
The only reason I brought up home equity is because we put a considerable amount down on our home. It was probably the wrong term. It was mainly due to having a much lower mortgage meaning hopefully more potential savings down the line.

This could have been a dumb thought though.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35603 posts
Posted on 6/18/14 at 5:20 pm to
Not a dumb thought at all. The only problem with counting home equity as an asset is that it only matters if you are borrowing against it or selling the house.
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