We have €60k left on our mortgage for 18 years. Spouse says we should use our savings now to pay this off.
This would leave us with €40k savings remaining in college fund for our teenagers.
My spouse fears Deposits might be in jeopardy of being frozen/some other calamity.
My opinion is that governments will just borrow more rather take this option and that keeping cash is better.
What should we do?
This would leave us with €40k savings remaining in college fund for our teenagers.
My spouse fears Deposits might be in jeopardy of being frozen/some other calamity.
My opinion is that governments will just borrow more rather take this option and that keeping cash is better.
What should we do?