Understanding Inflation and Mortgages: A Financial Debate

This chapter explores the complexities of interest rates and inflation in relation to fixed-rate mortgages, highlighting how these factors influence borrowing costs. A personal anecdote emphasizes the significance of informed financial decisions while injecting humor about the benefits of debt reduction.

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George Kamel and Ken Coleman answer your questions and discuss:

"Can someone tell me that I need to stop trading and focus on debt repayment?"
"How can we keep the IRS from taking my grandmother's retirement funds?"
"We bought land with family. Should we build a house on it?"
"How do I attract clients for my business?"
"Should I pay off my low interest rate mortgage?"
"We are losing more in fees on our universal life policy than we put in"
"We moved in with my in-laws to save for a down payment. Was that a wise decision?"
"How do I talk to debt collectors about settling?"
"Should I sell my crypto to pay off debt?"
"How do I combine finances with my wife?"