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Welcome to Save on (Almost) Everything!

Costa Rica, June 2012

Costa Rica, June 2012

I’m Michael and I started this website in January 2014 to share the money-saving tips that enabled me to pay off my $86,000 mortgage in two years.

Here are a few posts to help you get started:

  1. POPULAR: 6 Steps to Mortgage Freedom
  2. Throwback: My Mortgage Payoff Hustle
  3. How I Paid Off My Mortgage in 2 Years
  4. Get Rich Guide: Save Green in Every Budget Category
  5. 7 Things You Can Afford When You’re Mortgage-Free
  6. 9 Financial Core Values to Live By

In October 2010, I bought my one bedroom condo in a major U.S. city.  The payments were low at $625 a month. The interest rate was as well, 3.75%

But I still made a goal to pay off my mortgage by my 30th birthday, March 2015.

I immediately took steps to increase my income and reduce my expenses.  Soon, I told my friends.  It became a challenge. Would I be able to reach my goal?

In December 2012, two years after buying my condo, I mailed my final payment to Wells Fargo. How did I do it? That’s what this blog is all about, but this post is a good place to start.

People pay off their mortgages early for many reasons. For me, it was about freedom.

In January 2014, I walked away from my full-time job in order to pursue new opportunities, including writing for money expert Clark Howard and launching this website.

In October 2014, I purchased a new condo, which I plan to pay off ahead of time as well. This blog is evolving to chronicle my new mortgage payoff journey.

I love hearing from readers. Contact mtimmermann85 (at) gmail (dot) com.

I write articles for money expert Clark Howard's website. Previously, I produced his TV segments for HLN, CNN's sister network. He was nice enough to leave this message in my autographed copy of his latest book, "Living Large for the Long Haul."

I write articles for money expert Clark Howard’s website. Previously, I produced his TV segments for HLN, CNN’s sister network. He was nice enough to leave this message in my autographed copy of his latest book, “Living Large for the Long Haul.”

4 comments

  1. Saw your site on ClarkHoward.com, had to check it out. Love saving money so here I am. Thanks for all you do. Jim

  2. We just paid off the mortgage on our house last month (16 yrs early) and we are now 100% debt-free. We are in our mid 40s and have vowed to never take out another loan again. Our savings rate is now over 80% which has allowed me to leave a high stress job in search of new career opportunities. it’s great to see guys like you preaching early mortgage payoff. It’s flies in the face of today’s culture which is typically a good sign you’re on the right path. Keep up the great work!

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