Adkins Setup02-12: Grading Your 'Set It and Forget It' Habits
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Blind Ranking (Setup 02) #12: Grading Your 'Set It and Forget It'
Habits
Grading the set-it-and-forget-it mortgage habits.
The good, the bad, and the ugly.
D — Auto-pay the minimum for 25 years
D — Never revisit between renewals
F — Keep a fat balance in chequing while you owe a
mortgage
D — Accept the renewal offer in the mail
C — Focus only on the payment amount
C — Never increase your payment as income rises
D — Ignore your home equity
A — Review your setup once a year with someone who knows
the strategies
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