How Much Leverage Do You Want to Be in Real Estate?

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A paid off property has a lot better cash flow, right? Cause none of it's go into a mortgage payment. And you basically completely eliminated leverage risk from your life. Riht: There's no right answer for everybody about how to use debt in your life. But i think the important thing is to be intentional about how you're using and have it as part of your overall plan.

Our special guest this episode is Paula Pant, of Afford Anything. Some of you may know from her work in the FIRE community where is a prominent personal finance blogger and podcaster. We talk about the importance of learning your financial psychology and what drives your saving or spending habits. We discuss some great things to think about when and if you decide to invest in real estate as well as the need to live your best life now. Paula encourages that we make changes where we can to prevent burnout and increase our happiness as we work towards financial independence. She talks about the importance of outsourcing when possible and being intentional about how and where we spend our time. See the full show notes here https://www.whitecoatinvestor.com/afford-anything-with-paula-pant

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