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Episode 2792:
Andy Hill provides insightful strategies to help you accelerate your journey to becoming mortgage-free. Learn practical tips like switching grocery stores, utilizing cash envelopes, and sending windfalls directly to your mortgage to save thousands and gain financial freedom faster.
Read along with the original article(s) here: https://marriagekidsandmoney.com/tips-pay-off-mortgage-faster
Quotes to ponder:
"By adopting new small habits, you can actually make quite a dent in your debt."
"A mortgage recast is when you make a lump sum payment toward your mortgage. Then, the mortgage company re-amortizes your loan."
"If the journey seems long, remember where you're headed."
Episode references:
The Cash Envelope System: https://www.daveramsey.com/blog/envelope-system-explained
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Optimal Finance Daily - Financial Independence and Money Advice