Apr 25, 2023
Today we are addressing the issue of whether to pay off the house or not.
It’s an age-old debate in the financial world.
On one hand, it seems foolish to pay down the mortgage faster than you have to, especially if you could invest the money and make more than the interest you’re paying.
It goes something like this. “Why would I pay down my 3% loan if I could take that same money and make much more? Heck, I could even put it in a simple index fund and make 8-10%.”
That isn’t a terrible point but I'm here today to give you a different perspective.
There is, as is often the case, more to the story than just some quick math.
I think I have a fair perspective as I just paid off my mortgage.
Listen in to hear how I came to the decision to do so and some solid arguments for getting the mortgage monkey off your back!
Finally, listen to discover how to turn anxiety into excitement!
Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram!
Listen and grow!
Your Financial Coach,
Billy
P.S. Can we hop on a short call? I’d love to learn more about you! Book a short call with me here!