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This Canadian man paid off his mortgage in just 3 years

Discussion in 'Living Room' started by moyjos, 4th Dec, 2015.

  1. moyjos

    moyjos Well-Known Member

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    Anger over man who paid off his mortgage in three years

    This young Canadian man was the ultimate in delayed gratification and paid off his house in 3 years.

    Good on him ....BUT read the scathing jealous comments

    Don't you hate it when people just don't get it.

    I hope he now loosens up and enjoys the fruits of his labour.
     
  2. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Omg....
     
  3. moridog

    moridog Well-Known Member

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    I belong to a savings site and a couple of years ago one of the members threw every cent at their mortgage for a year and did a daily entry about it, didn't pay it off but added tens of thousands of dollars to the repayments, it was great reading, good on him.
     
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  4. cheekykoon

    cheekykoon Well-Known Member

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    Question.. Instead of paying up, does religiously savings into an offset have the same effect?
     
  5. TMNT

    TMNT Well-Known Member

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    good for him

    haters will always hate,

    some of the comments are so funny, clearly jealous that they are nt in the same position but yet arent wiling to do what he does, so they abuse him about totally irellevant stuff

    losers
     
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  6. willair

    willair Well-Known Member Premium Member

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    quote..
    Cooper said he worked three jobs. He was employed full time at a pensions consulting firm while also working at a “no-frills” supermarket as a clerk and doing freelance writing on weekends and at night.

    And this would be on a low $$$ per hour rate of pay,so it just goes to show it can be done even in Australia..
     
  7. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    If the same dollars are going in to offset as would be to repayments, same financial result, yeah.
     
    cheekykoon likes this.
  8. Chilliblue

    Chilliblue Well-Known Member

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    Another reason to keep your investing private
     
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  9. citystar

    citystar Well-Known Member

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    I just read the article this morning and shook my head at the negative comments posted about the guys success in living below his means. As stated above, people don't want to hear success stories about people budgeting when they themselves are spending money on smokes, alcohol, movie tickets, holidays, brand new cars and more to keep up with the Jones'.
     
  10. cheekykoon

    cheekykoon Well-Known Member

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    Check out Mr money moustache... A guy who retired at 30, not through properties but through frugal living and stock market.

    www.mrmoneymustache.com
     
  11. Bayview

    Bayview Well-Known Member

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    How you could see a negative in that result is beyond me - unless you were his Bank hoping for 25 years worth of interest.
     
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  12. Perthguy

    Perthguy Well-Known Member

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    It's a very strange attitude that I don't understand. In order for one person to be 'admired' for want of a better word, someone else has to be torn down. That means when someone does something admirable, that person feels like they have been torn down. Of course it's rubbish and it makes no sense. Two people can be 'admirable' at the same time... but not to these people :mad:
     
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  13. Chilliblue

    Chilliblue Well-Known Member

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    Because people are jealous creatures and they do not want to know that it is a hard work and loads of effort to achieve what they believe should be theirs.
     
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  14. Scott No Mates

    Scott No Mates Well-Known Member

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    I can't see a problem with what he's achieved.

    If he was going to invest then you'd do things differently but he has decided to giveup his day job, probably still living in the basement and collecting rent.

    Goal achieved - retired at 30.
     
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  15. wategos

    wategos Well-Known Member

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    I think he went a bit overboard... think of what you did ages 27-30. I traveled a lot, saw & did some amazing things. Would have missed out on that if decided to work 3 jobs and spend no money.
     
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  16. SerenityNow

    SerenityNow Well-Known Member

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    For those struggling to understand the negative comments, here you go:
    “So he took three jobs when people are struggling to get one, so that he can pay his debt off faster, while others trying to find a job struggled,”

    See, it's obviously unfair that this selfish man took three jobs when other people can't find a single job. We need to wait till every single person out there has a job they're completely happy with, before we think of working a second or third job ourselves. Taking on extra work is just not right.
     
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  17. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    We need a sarcasm smiley
     
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  18. Scott No Mates

    Scott No Mates Well-Known Member

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    Tossing up: "get ahead" vs "get a life"

    A hard decision.
     
  19. Wukong

    Wukong Well-Known Member

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    Well done to him
     
  20. chylld

    chylld Well-Known Member

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    Nothing wrong with showing off your achievements... you will motivate some, and irritate others. The ones who are motivated are too busy making forward steps to bother commenting.
     
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