This is my financial overview of May 2020.
As of today, large parts of Europe are in effective lockdown in an effort to fight Coronavirus. It’s not about preventing infection anymore, it’s about managing it and slowing it down. What can you do during this Corona lockdown?
Money shame is a very real thing. There are taboos around money, that, in my opinion, should be broken. You can feel shame for having too much debt. But the other way around is also possible. You can feel money shame for making too much money.
Mortgages are a type of debt. They can be considered good debt, for being long-term, low interest, and being backed by collateral (your home). However, that doesn’t mean that you should keep your mortgage forever. Or do you?