Discover the benefits and drawbacks of using your 401(k) to pay off your mortgage, including tax implications, retirement savings impact, and interest savings.

At some point, many families reach a quiet but powerful milestone. The bills are paid. The emergency fund exists. There’s a ...

Paying off your mortgage is a huge financial milestone and one that many people dream of achieving. But once that day finally arrives, you may find yourself wondering, “Now what?” Let’s look at how ...

Parking all that money in the house comes at the cost of lost flexibility. Once paid in, it’s not liquid. Yes, you can access ...

NEW YORK (AP) — The start of a new year usually brings new motivation to achieve goals like eating healthier or finally ...

If you have experience with credit card debt, you may know that it can get frustrating quickly. That's because in most cases, minimum payments are calculated as 1% of your balance plus interest. So, ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But is it worth borrowing home equity from a paid-off home? In some ...

"I was just living as humbly as possible." — -- A 28-year-old accountant from North Carolina is debt free after paying off all his student loans in less than four years. Logan Marston, who lives ...

Some card details on this page may be out of date. I've been committed to living a debt-free lifestyle ever since my husband and I accomplished a mammoth goal of repaying more than $107,000 of debt -- ...

Nick Gabel found himself both $100,000 in debt and without a job in early 1996. — -- Nick Gabel had run a convenience store for about four years when the building he rented was sold. He wasn't ...

Credit card debt is expensive and potentially bad for your credit score. The most cost-effective method for paying it off is typically the debt avalanche strategy.