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.
Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.
This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.
The hosts may have a financial interest in the programs or services mentioned in this episode.
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