Posted by Al Baker on March 08, 2014 at 06:29:28 from (96.42.135.158):
In Reply to: paying off mortgage posted by austin carpenter on March 08, 2014 at 06:18:21:
Doesnt matter how little your interest payment is. Pay it off as fast as your wallet will let you. What if the place you work at closes, or you get hurt or sick and your income stops? What if the economy crashes again? Pay it off, then the amount you pay each month will be yours to keep, not give to the bank. Difference between a 30 year and fifteen year pay off is 12%. If you can add 12% more to each payment you will save paying 3 years worth of money. That sure would buy a handfull of old tractors and paint.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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