12 min listen
Keep the Mortgage for the Tax Deduction? + Mortgage Free Family (Jon Banker)
Keep the Mortgage for the Tax Deduction? + Mortgage Free Family (Jon Banker)
ratings:
Length:
39 minutes
Released:
Jan 17, 2022
Format:
Podcast episode
Description
Does it make sense to pay off your mortgage if you lose the mortgage interest tax deduction? This is a common question people struggle with who are considering paying off their mortgage. Let's explore if keeping your mortgage for the tax savings makes sense. Also, we hear from Jon Banker from Colorado who recently paid off his mortgage early. We discuss why he did this even with a mortgage at 3% interest. Last, but not least, my son Calvin joins me for a new segment called "The Good Word". EPISODE RESOURCES Firstly: Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today! "The Good Word" Story of the Month OTHER EPISODES YOU MIGHT LIKE Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today) 10 Incredible Benefits of a Paid Off Home 50% to 10%: Why We're Happy Saving Less in FIRE Journey MKM RESOURCES MKM Coaching: Request your free 15-minute consultation YouTube Instagram Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com
Released:
Jan 17, 2022
Format:
Podcast episode
Titles in the series (100)
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