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MORTGAGE DEBT IS DIFFERENT: Taking Out And Paying Off A Mortgage Properly - MNO EPISODE 145
For most people, the mortgage is the largest amount of debt that they will ever take out or have to pay off. Not to mention, housing costs are typically the largest expenses that individuals have month-to-month. We need to understand the way that this type of debt works, why we view it differently from other consumer debts, and how this type of debt can end up benefitting us in the long-term. I am not saying that you should keep a mortgage around, but having a paid off home and more subsequent cash flow left in your budget is the best way to go about building long-term wealth that will last and not be depleted by large costs like housing. We will discuss:
1. Why mortgages are different from other debts
2. How we should pay off a mortgage early
3. How a paid off home can benefit us over the long-term
Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1
Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow as I discuss why what I cover here day-in and day-out is antithetical to the prosperity gospel. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!
Website: https://www.mnowithdylan.com/
Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/
Facebook: https://www.facebook.com/mnowithdylan/
Instagram Page: https://www.instagram.com/mnowithdylan/
Twitter: https://twitter.com/mnowithdylan
(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)
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By mnowithdylanFor most people, the mortgage is the largest amount of debt that they will ever take out or have to pay off. Not to mention, housing costs are typically the largest expenses that individuals have month-to-month. We need to understand the way that this type of debt works, why we view it differently from other consumer debts, and how this type of debt can end up benefitting us in the long-term. I am not saying that you should keep a mortgage around, but having a paid off home and more subsequent cash flow left in your budget is the best way to go about building long-term wealth that will last and not be depleted by large costs like housing. We will discuss:
1. Why mortgages are different from other debts
2. How we should pay off a mortgage early
3. How a paid off home can benefit us over the long-term
Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1
Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow as I discuss why what I cover here day-in and day-out is antithetical to the prosperity gospel. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!
Website: https://www.mnowithdylan.com/
Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/
Facebook: https://www.facebook.com/mnowithdylan/
Instagram Page: https://www.instagram.com/mnowithdylan/
Twitter: https://twitter.com/mnowithdylan
(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)