That's what pops into my head. I will be paying off my mortgage at the end of the year, after eeking out the last little bit of the mortgage interest deduction (the amount has gotten so small that I'm not likely to benefit from it going forward). I always pay off my credit card in full, and I paid cash for my car last year (I bought new but I intend to be driving it for 10+ years). For me not having debt allows me to live below my means and still pay board on two horses. Once the mortgage is paid off, I'll have extra cash to put away or to cover unexpected expenses (veterinary care, house maintenance & repair, etc.). It helps that I'm a bit of a homebody. Other than going to the Atlanta Olympics and going to Rolex a time or two, I've never been a big traveler.