Should You Pay Extra On Your Mortgage?
Episode 14 of the The Practical Wealth Show podcast, hosted by Curtis May, titled "Should You Pay Extra On Your Mortgage?" was published on November 23, 2017 and runs 27 minutes.
November 23, 2017 ·27m · The Practical Wealth Show
Episode Description
Could paying off your mortgage early actually be hurting your wealth creation? In today's episode Curtis talks about the 5 reasons to never pay off a mortgage and why you need to learn the rules to the game if you want to win.
Go to http://bit.ly/mortgagepower to watch the video Curtis mentions in the podcast.
Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com
Links and Resources from this Episode
- www.practicalwealthadvisors.com
- Video: Harness the Power of Your Mortgages as a Wealth Building Tool
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Show Notes
- Why Curtis added mortgages to his financial business - 1:02
- How you manage equity is important into achieving your long term and short term goals - 2:10
- The top 5 money transfers in life - 2:55
- Should you pay extra on your mortgage? - 3:51
- What is good for the bank is bad for you - 5:29
- You need savings more than you need equity - 8:06
- The depression era mindset is the old way of thinking - 10:17
- 5 reasons to never pay off a mortgage - 11:40
- Why you have to think from a prosperous mindset - 20:13
- It's hard to win the game when you don't know the rules - 25:35
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