
69: Financial Musts w/ Money with Katie PLUS $46K to $69.7K in 13 years of teaching to $120K+, our 1st interview w/ a listener!
Trading Secrets
00:00
Is It OK to Have a 30 Year Fixed Mortgage?
David Frum: Debt doesn't take inflation into account, especially if a good interest rate on a house for a 30 year. If you have cheap debt like money with Katie said, locked in right now, don't make it a priority because all your future debt and current debt is going to be more expensive. He says that being said, debt does consider inflation, but if you locked it in before it doesn't,. And he asks his readers what they think about the strategy of high interest or high high principal.
Transcript
Play full episode