| If you had enough money to pay off your
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| | invariably among the wealthiest five
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| mortgage right now, would you?Many people
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| | percent of the population, insist on
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| would. In fact the American Dream is to
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| | carrying on a mortgage even if they can
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| own a home - and to own it outright, with
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| | afford to wipe it out entirely today?
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| no mortgage. Imagine owning your home
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| | Because they are aware of the biggest
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| without having to send a cheque to the
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| | untold secret of homeownership: a
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| bank every month, the feeling one will
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| | mortgage is primarily a loan against the
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| enjoy when - after thirty long years -
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| | borrower's income, not primarily against
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| the moment finally comes to make one last
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| | the value of the house. It this was not
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| payment so that the house is paid off, at
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| | the case, then naturally anyone with a
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| last. Being so fortunate must evoke a
| |
| | $30,000 annual income would qualify to
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| sense of security, gratification and
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| | purchase a multi-million dollar
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| well-being that anyone only can dream
| |
| | mansion.All of which, then, makes the
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| of.But if in fact the American Dream is
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| | whole difference in the world when it
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| so wonderful, how come thousand of
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| | comes to a process known in Economics as
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| financially successful people - folks who
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| | the accumulation of wealth. Prosperity in
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| have more than enough money to pay off
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| | any society and at any given time is the
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| their mortgages right now - refuse to do
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| | epitome of financial stability,
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| so? Why is it that a small group of
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| | reliability, and security.
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| Americans and Canadians, who are
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|
