Is $300 a Month a Good Number in Your Wealth Building Journey

Spencer: People are more interested in interest rates than they really need to be. He says it creates a false sense of security that everything's going wrong, but at least I got a good rate and I can feel better about myself It just isn't practical Furthermore on this property that's worth 200 or 220,000 you're going to refinance 80 percent of that So maybe you'reGoing to be like getting alone for 160 On a loan amount that small Like let's actually run the numbers on that very briefly so he can make his point here All right. Refinance it put the money in the bank get the peace of mind That's actually probably the prudent thing to do defensively.

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