One Rental At A Time Why 4 Million People Think He is an IDIOT!!!
Nov 9, 2025
Bobby, the brain behind Barbell Financial, is a personal finance creator who dives into the hot debate surrounding mortgage payoffs. He shares the story behind his viral tweet asserting that 'the only good mortgage is no mortgage.' Bobby reveals his journey of refinancing to a 2.625% loan, how he aggressively paid it off, and the emotional satisfaction of being mortgage-free. He emphasizes aligning financial strategies with personal goals and discusses his balanced approach to wealth building while planning for his growing family. Plus, don’t miss his travel tales!
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Paid Off Mortgage Goes Viral
- Bobby announced on X that he paid off his mortgage at age 35 after buying the house 10 years earlier.
- The simple tweet
Emotion Versus Math Debate
- The mortgage payoff sparked polarized reactions: some praised peace of mind, others criticized the lost arbitrage opportunity.
- Bobby notes the debate centers on emotional security versus pure mathematical optimization.
Refinanced To 2.625% 15-Year
- Bobby refinanced his original 30-year 3.99% loan into a 15-year at 2.625% in 2020.
- That 15-year refi accelerated his payoff and felt like a once-in-a-lifetime low rate.