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Episode 2739:
Andy Hill reflects on the costly mistakes he made with his mortgage, highlighting the pitfalls of refinancing without fully understanding the terms and the impact of market conditions. His candid recounting offers valuable lessons on mortgage management and financial decision-making, making it a must-listen for homeowners and financial enthusiasts.
Read along with the original article(s) here: https://marriagekidsandmoney.com/how-i-wasted-over-13000-refinancing-my-mortgage
Quotes to ponder:
"Don’t buy something you don’t understand, especially a mortgage product."
"I didn’t believe it would last. I thought it was too good to be true."
"Listen to your wife. She’s smart."
Episode references:
LendingTree: https://www.lendingtree.com/
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Optimal Finance Daily - Financial Independence and Money Advice