The Intrinsic Value Podcast - The Investor’s Podcast Network cover image

MI283: Simple Ways to Supercharge Your Money & Investments w/ Chris Pedersen & Paul Merriman

The Intrinsic Value Podcast - The Investor’s Podcast Network

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Should Investing Versus Paying Down Debt Be Done Together?

When we bought our house, it was a 10 and a half percent annual percentage rate on the loan. Our mental models about personal finance were very unsvisticated. We want to help them with college because our parents helped. If we have our house paid for by the time the kids are in college, then it'll work out. You'll probably get a better return in other places but that doesn't mean that there aren't psychological advantages or cash flow advantages within your life that may make it interesting to pay it down sooner.

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