What a nice day our family is having. My first post for 2010 is happening on Mother's Day. Here in Issaquah, Washington, the sun is shining bright with just a few clouds in the sky. Personally, I have not posted since around November 2009 due to the holidays, a change of employment and because a break was needed. This mission of helping people to payoff their mortgage is in it's third year. In that time my own mortgage has gone from $88,000 to $16,145 as of today. My wife and I are just being disciplined and practical about our money. Just as a note, we have not collected any gift contributions in our journey paying down our own mortgage only our paychecks and bonuses over the last few years.
Those people that know me know about my background in the Financial Services field ( banking & brokerage). While I work in the investment field and watch Wall Street everyday, I believe that owning your own home offers diversification (outside of mutual funds, stocks) and peace of mind.
2010 is proving to be a slow march toward a recovery of the economy in the US but unemployment and foreclosure rates remain high.
Payoffthemortgage.org will be taking a slightly different direction this year. We are going to offer one slot per state for any organization that has over 1,500-2,000+ members. So the 10 slots for each of the 50 US states, could go to only 10 organizations in each state. The goal of helping homeowners in paying down/off their mortgages can grow exponentially through the support of organizations. The time has come to build stronger communities, families and organizations through North America.
