PodParley PodParley
PodParley
086 - Should I Apply Extra Cash to a Mortgage Refinance or Invest It?

EPISODE · Feb 10, 2021 · 18 MIN

086 - Should I Apply Extra Cash to a Mortgage Refinance or Invest It?

from Real Personal Finance · host Scott Frank and James Conole

In this episode James and Scott discuss whether or not you should apply extra cash to paying down the mortgage. Questions discussed: What should I do with extra cash? Should I apply extra cash to my mortgage or should I invest the cash? Is paying down the principal of my mortgage the most wise use of extra cash? How does paying down my mortgage impact my overall financial situation? Planning Points Discussed Tax Planning Retirement Planning Real Estate Aligning Your Investments with Financial Goals Timestamps: 2:30 - Listener Question 4:12 - Pay Down Mortgage or Invest? 6:21 - When Should I Refinance? 8:30 - Backdoor Roth Contributions 12:20 - How To Maximize 401(k)s 15:50 - Aligning Your Money With Your Life   LET'S CONNECT! James Facebook LinkedIn Website Scott Facebook Twitter Website ENJOY THE SHOW? Don’t miss an episode, subscribe via iTunes, Stitcher, Spotify, or Google Play. Leave us a review on iTunes. Have a money question you want us to answer? Submit one here

NOW PLAYING

086 - Should I Apply Extra Cash to a Mortgage Refinance or Invest It?

0:00 18:31

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Share this episode

Similar Episodes

Veteran Salesman: Tap Into Raw Emotion To seal The Deal | E46

Apr 22, 2025 ·32m

Introducing the Wealth Education Podcast

Feb 27, 2025 ·0m

Inclusive Entrepreneurship Advocate: Unlocking Wealth for Underserved Entrepreneurs| E45

Dec 6, 2024 ·34m

Mastering Money Management: Become Rich for The Price of Financial Literacy| E43

Sep 27, 2024 ·29m

Onstage Presence Expert: Overcome Stage Fright with Internal Drive | E44

Sep 20, 2024 ·57m

Mastering Money Management: Intro to Financial Literacy | E42

Aug 7, 2024 ·16m

Similar Podcasts

MG Show MG Show The MG Show, hosted by Jeffrey Pedersen and Shannon Townsend, is a leading alternative media platform dedicated to uncovering the truth behind today’s most pressing political issues. Launched in 2019, the show has grown exponentially, offering unfiltered insights, comprehensive research, and real-time analysis. With a commitment to independent journalism and factual integrity, the MG Show empowers its audience with knowledge and encourages active participation in the political discourse. French Your Way Jessica: Native French teacher founder of French Your Way Boost your French listening skills and test your comprehension with this one of a kind series of podcasts. Get the chance to listen to a real conversation between native speakers talking at normal speed AND customise your learning experience through carefully designed sets of questions (2 levels of difficulty) available for download at www.frenchvoicespodcast.com. All interviews also come with the transcript. French teacher Jessica interviews native speakers of French from around the world who share a bit of their life and passion. Where else would you meet in one same place a French yoga teacher based in Melbourne, a soap manufacturer from Provence, or a couple cycling around the world? Popup Chinese Popup Chinese Fresh from Beijing, PopupChinese teaches Chinese as it is actually spoken. Start with our basic Chinese lessons, and in no time you'll be speaking like a Beijinger. Our free daily podcasts, vibrant community, and love for the real China make us the most powerful and personal way to learn mandarin. Rise Up Mentor Derek Kempker Welcome to Rise Up Mentor (formerly, Summits of Life), a platform that advocates for lifelong learning and constant improvement in every aspect of life. As someone who’s experienced both the valleys and peaks of life, I understand that while we cannot control all the obstacles that come our way, we do have the power to choose whether we get back up or not. And each time we choose to rise again, we become stronger.But why settle for just getting back up? By consistently striving to become better and wiser, we can reduce our chances of being knocked down in the first place. That’s why I started Rise Up Mentor – to encourage and motivate you to continuously improve in all areas of life, including vocation, marriage, friendship, personal development, health, parenting, lifestyle, spirituality, intellect, and finance.Although I am a Certified Master Life Coach, I don’t consider myself an expert or master, because I don’t feel there is such a thing as mastering life, but it is possible to
URL copied to clipboard!