 TITLE: 4 Ways to Save Money on Your Mortgage CONTENT: 4\\. Review Your Budget\n----------------------\nOne of the most effective ways to save money on your mortgage is to pay it off ahead of schedule. Reexamine your budget to see if you're able to free up any extra money each month to put toward your home loan. This begins with tracking your spending to understand where your money goes during a typical month. The simple act of reviewing your bank and credit card statements could reveal areas of overspending that you can trim or eliminate altogether. If your expenses are in good shape, another option is to pick up a side gig or negotiate a pay raise to bring in some extra income.\nAs you decide your next move, it's important to remember that not all debt is created equally. If you have other debt with higher interest rates than your mortgage, it may make more financial sense to prioritize those accounts. You'll also want to make sure you aren't neglecting your future. Saving for retirement may not feel urgent right now, but putting it off to pay more toward your mortgage could leave you financially stranded in your golden years. Depending on your unique financial situation, you may be better off accelerating your 401(k) contributions than paying off your mortgage early. END