Paying our debts will improve our credit rating

I know that paying our debts will improve our credit rating, but it’s my goal to not need to borrow anymore. I want to build up my savings to pay cash for anything I want or need, or just do without.

I am down to two loan payments that I hope to get rid of before the end of the year. Then all I will have will be our mortgage. I have 15 years to go on my mortgage, and my payment on six acres and three mobile homes is less than what most people in my town are paying for a rented single wide mobile home or a one-room apartment, so I feel pretty good about that. It’s an advantage of “staying put” for several years.

We have three cars. They are older models and need continued repair and maintenance, but I don’t have a car payment on any of them, so they look better all the time. 🙂

God bless…