Extra Payments: Why not take that income tax return and make an extra principal payment to your mortgage this year. This helps shorten your loan balance and saves you paying so much interest. Or send in an extra $100 bucks towards your principal each month. Make sure your mortgage company knows the extra payment goes towards your principal.
Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.