Save Thousands by Paying Extra on Principal

Loan companies don't want you to know this, but paying extra on your principal

can save you thousands in interest. Here's how it works. When you make your regular payment,

most of it goes to interest first. But if you add even fifty dollars extra and specify it goes

to principal, you're directly reducing what you owe. That means less

interest calculated next month. Do this consistently and you could pay off a thirty year

mortgage in twenty years, saving decades of interest payments. Start small,

stay consistent, and watch your debt disappear faster than you ever thought possible.