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