Story of a Couple Who Paid Off A House in 3 Years
8 August 2006From up north in Canada comes the story of a couple who paid off their $220,000 mortgage in three years. How’d they do it? The husband worked FOUR JOBS at the same time, allowing them to save 80% of their six figure income:
I got my first job as a crisis intervention worker before I even finished my degree. When I graduated, they gave me more hours, then offered me a second position doing the same thing at another location. I was just loving the work, and I took on a third job doing the same thing at the Credit Valley Hospital in Mississauga. As crazy as it sounds, I then took on a fourth position, and I saw clients now and then through my own counseling business as well.
The next few years are a bit of a blur. I worked an average of 90 to 100 hours a week, or about 14 hours a day, seven days a week. It wasn’t unusual to work 22 hours straight, go home, sleep for two or three hours, get up, shower, and work another 12-hour shift. I once worked 99 days in a row, took two days off, and then worked another 60 days. Meanwhile, Tiffany began supplementing her salary as a teacher by tutoring and giving piano lessons.
I’ll file this one under borderline nuts, and don’t recommend that anyone go out and work 24/7 unless they are enduring severe financial problems. But it is good to know that it can be done, and there are several good tips in the article such as paying your mortgage biweekly, using a large downpayment, and trying to pay it off early.
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