3 ms·
I was so frugal that I didn't refinance my (admittedly already low) interest rate during Covid because "we were planning on selling the house in a year or so".
by zephyrthenoble 6mo ago
I was so frugal that I didn't refinance my (admittedly already low) interest rate during Covid because "we were planning on selling the house in a year or so". Oh well :)
- dnnddidiej 6mo agoThats more of a forecasting thing than frugality.
- steveBK123 6mo agoNo that can be a frugality mindset of not wanting to pay the refinancing closing costs (which can be 5 figures) .. I've seen family make similar sorts of short term savings vs long term savings trade-offs.
- duskdozer 6mo agoIt can, but the OC mentioned not refinancing because they thought they'd sell soon, which would mean they wouldn't get the long-term savings.