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Round Table | Should I Pay Off My House to be Financially Free?

Round Table | Should I Pay Off My House to be Financially Free?

FromThe Wealth Without Wall Street Podcast


Round Table | Should I Pay Off My House to be Financially Free?

FromThe Wealth Without Wall Street Podcast

ratings:
Length:
40 minutes
Released:
Oct 12, 2021
Format:
Podcast episode

Description

The concept of financial freedom may not be the same for everyone, and being debt-free does not necessarily mean you’re financially free. So, if you're thinking about whether or not to pay off your house mortgage quickly, you should know exactly what it is you want to achieve. You will own your house, but you’ll still need cash for your daily expenses. Perhaps the biggest reason to pay off your house quickly is to avoid the high cost of interest. Plus, no one should live with a hefty pile of debt. However, while it may make you feel good to pay off your house mortgage quickly, you might be missing out on other wealth-building opportunities like doing arbitrage or using leverage to increase your returns. This topic is what the coaches will discuss in today’s episode, so let’s hear their perspectives. --Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://wwws.link/inner-circle-sign-up
Released:
Oct 12, 2021
Format:
Podcast episode

Titles in the series (100)

Your go-to podcast for uncovering the dirty secrets behind Wall Street and how to take back control of your wealth. The Wall Street mindset separates both families & business owners from their money while the elite and unknown get to use it for their advantage. The secret to achieving this is having your money work for you, not someone else, when wealth building. You can get there through earning passive income. When you have more passive income than you do expenses, you have achieved financial freedom. On this podcast, we work tirelessly toward your financial freedom. We cover topics like the Infinite Banking Concept, multifamily real estate, private lending and a multitude of other cutting edge ideas. We host industry specific reputable guests and share personal stories to educate you on how to finally achieve financial freedom. For more education on how, check out wealthwithoutwallstreet.com