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Pay Down Mortgage or Invest
Episode 4101st July 2022 • Mommy Millionaire • Cayla Craft
00:00:00 00:08:33

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When it comes to your money, where is it best spent? Is it better to pay down your mortgage or invest? This episode was inspired by a recent Instagram question and Cayla is obsessed with talking about investing and finances. So today’s Mommy Millionaire Minute is all about leveraging. What would Cayla do? While tempting to pay that mortgage down, what does that actually get you in the end? Listen to find out Cayla’s take on investing and why you should have money work for you.

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You will learn:

  • [1:40] - This episode was inspired by an Instagram question.
  • [3:35] - What happens when you pay your mortgage down and you own the house outright? It’s not going to make you money.
  • [4:32] - Put your money where it can be multiplied.
  • [5:29] - While not giving financial advice, Cayla shares what she is focusing on with her investments.
  • [6:51] - In times of economic stress, there are still things you can do. Listen to Cayla’s plans for herself and see what works best for you.

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