Suze orman, the ubiquitous personal finance guru, advises her followers to pay off their mortgages and live debt free. "Please—become mortgage free sooner rather than later," she implores readers in The Laws of Money, If you struggle to pay your bills, Suze's advice is sound. But if you are in a high tax bracket and your main concern is investing for the future, ignore her. So long as you have the self-discipline to invest the extra money you borrow rather than fritter it away, you're likely to come out ahead by carrying a bigger mortgage.
展开▼
