Marriage Kids and Money: Personal Finance for Families Pay Off the Mortgage or Invest? How We Did Both
In today’s episode, I answer the age-old question: “Should you pay off your mortgage or invest?”
I go over the exact steps my family took to pay off our mortgage and build up a significant investment portfolio that allowed us to reach Coast FIRE and transition to part-time employment. I also discuss the benefits of couples therapy, resting when you need to, and prioritizing living in the present.
MORTGAGE FREE FAMILY SEGMENT:
Melinda Walker, Georgia-based, small business owner, joins the Marriage Kids and Money podcast to discuss how her family paid off their $110k home 15 years early, why the FIRE (Financial Independence, Retire Early) Movement inspired her, and her family’s entrepreneurial success that eventually led to ultimate time-freedom
RESOURCES:
MELINDA’S BOOK:
OTHER EPISODES YOU MIGHT LIKE:
- 15 Incredible Benefits of a Paid Off House
- Don’t Pay Off Your Mortgage (Yet!) – w/ Brian Preston
- How We Paid Off Our Mortgage in 5 Years
MKM RESOURCES:
- Make My Kid a Millionaire Course: Want to make your kid a millionaire? Learn more about my course!
- MKM Coaching: Want 1-on-1 support with your family finance journey? Book a time with me today.
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SHOW INFORMATION:
Marriage Kids and Money is dedicated to helping young families build wealth and happiness. This award-winning platform helps couples and parents achieve financial independence and discover the true meaning of wealth.
To achieve these big goals, we answer questions and interview experts who uncover smart net worth building habits and tools that can help everyone find their own version of financial independence.
Learn more at https://www.marriagekidsandmoney.com
HOST BIO:
Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.
Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of downloads and views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.
When he's not "talking money", Andy enjoys being a soccer Dad, singing karaoke with his wife and watching Marvel movies.
DISCLAIMER:
- This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products.
- Opinions are the creators alone.
- Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice.
- Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.
CREDITS:
- Podcast Artwork: Liz Theresa
- Editor: Podcast Doctors
- Podcast Support: Weir Digital Marketing
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