Today marks a financial milestone for my family. My wife and I paid off the remaining balance on our DBS home mortgage loan.
All S$313,265.01 of it with cold hard cash.
Sadly, no trumpets, no confetti. We just witness the money get swiped out from our bank account.
Short of the credit card bill which we always clear every month, this means my wife and I are now officially DEBT FREE.
The joy of not owing money to anyone is indescribable. That said, we still have to engage a lawyer to get the house deed back from DBS. This costs an additional few thousand dollars. Oh well.
Our next financial milestone is to retire from our jobs with a comfortable sum and recurring passive income. We give ourselves ten more years as wage slaves before we call it a day.
Thanks for reading!
All S$313,265.01 of it with cold hard cash.
Sadly, no trumpets, no confetti. We just witness the money get swiped out from our bank account.
Short of the credit card bill which we always clear every month, this means my wife and I are now officially DEBT FREE.
Our next financial milestone is to retire from our jobs with a comfortable sum and recurring passive income. We give ourselves ten more years as wage slaves before we call it a day.
Thanks for reading!
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Congratulations!! Definitely a happy milestone!
ReplyDeleteThank you!
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