Do NOT Pay Off Your Mortgage episode artwork

EPISODE · Nov 2, 2023 · 22 MIN

Do NOT Pay Off Your Mortgage

from The Money Podcast · host Rob Moore

Rob gives the reasons why you should never pay off your mortgage and more investing and money tips for the current economic climate. Also learn why the government is actually helping you financially right now (!) and how the banks are trying to scam you! KEY TAKEAWAYS With low-interest rates, there’s certainly no point in paying your mortgage off, but it’s still not a good idea even with the current increased rates. Buying your home might not be as good an investment as you first think. It’s almost always worth getting into debt for a house, even in the current climate. If you have spare cash, you can invest this money more wisely than paying off your mortgage. Don’t just exchange your time for money but instead use your time to buy and build assets BEST MOMENTS “It is a con by the banks” “Is your home an investment?” “A mortgage is the cheapest finance you can get” “When inflation is high the government are paying off your mortgage for you” VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks  rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.

Rob gives the reasons why you should never pay off your mortgage and more investing and money tips for the current economic climate. Also learn why the government is actually helping you financially right now (!) and how the banks are trying to scam you! KEY TAKEAWAYS With low-interest rates, there’s certainly no point in paying your mortgage off, but it’s still not a good idea even with the current increased rates. Buying your home might not be as good an investment as you first think. It’s almost always worth getting into debt for a house, even in the current climate. If you have spare cash, you can invest this money more wisely than paying off your mortgage. Don’t just exchange your time for money but instead use your time to buy and build assets BEST MOMENTS “It is a con by the banks” “Is your home an investment?” “A mortgage is the cheapest finance you can get” “When inflation is high the government are paying off your mortgage for you” VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks  rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.

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Do NOT Pay Off Your Mortgage

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Frequently Asked Questions

How long is this episode of The Money Podcast?

This episode is 22 minutes long.

When was this The Money Podcast episode published?

This episode was published on November 2, 2023.

What is this episode about?

Rob gives the reasons why you should never pay off your mortgage and more investing and money tips for the current economic climate. Also learn why the government is actually helping you financially right now (!) and how the banks are trying to scam...

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