Mortgage Hack… Or Just Social Media Noise?

Written By Michael Custer

Welcome back to Common Curiosities: Retirement where this time of year means two things in our house: Sports season is in full swing, and so are the financial questions popping up on social media.

In this sporty moments episode, Jacqueline shows up repping LSU beach volleyball, Michael shows up repping his undefeated 8th-grade basketball squad, and together we break down a viral financial “hack” you’ve probably scrolled past:

Does paying your mortgage every other week actually save you money?

Here’s what we dig into with the goal of helping you understand the moving parts:

🏀 Why bi-weekly payments might shave 4–6 years off a 30-year mortgage

🏐 How paying earlier could reduce your interest paid

🏀 The sneaky reason bi-weekly = 13 payments a year, not 12

🏐 What not to do we=hen trying this strategy

🏀 Why this idea can work well for some but others wouldn't like it

🏐 Would this idea works for student loans, cars, credit cards, and more?

Michael Custer

Michael graduated from Hope College where he played Quarterback for the football team. Now, he focuses on tax strategies, helping W-2 employees and small business owners with implementing tax strategies, learning their choices with old work retirement plans, and Roth IRAs. He has a passion for building a relationship with his clients. Understanding why money matters to you is important to him. He firmly believes that finances can be a powerful tool for your life goals.

Michael is a CERTIFIED FINANCIAL PLANNER™ (CFP®) and also holds his Series 7, Series 66, Series 24. and SIE registrations with LPL Financial as well as his Life, Health, Property and Casualty insurance licenses.

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