Should You Pay Off Your Mortgage Early? Debt Free Journey with Mike Hobbs

Published on October 12, 2023

New guide highly rated easy Debt Consolidation Loan Uk, Relief Firm, and Are You Debt Free if You Have a Mortgage, Should You Pay Off Your Mortgage Early? Debt Free Journey with Mike Hobbs.

If you are looking for a way to pay your mortgage off early, you may want to check out this home business Paul and I created in 2016 here: https://seekprosperity.com/?t=YouTube

Should You Pay Off Your Mortgage Early?

When people ask me if they should pay off their house early it was a hard answer at first because most people teach you should not pay off your mortgage early…

Or there are those programs that tell you to pay off your mortgage 10 years from now…

So should you payoff your mortgage early or listen to all the guru’s that tell you not to?

Watch this video all the way through and I answer the should you have a mortgage question in detail and my take on it…

I find the difference between the people that have the mortgage and the people who focus on paying off debt have WAY more peace of mind and seem happier than the person with debt!

You may want to also look into Dave Ramsey baby steps training for more debt free tips.

What are your thoughts on paying off your mortgage early? Let me know in the comments.

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⌚ CHAPTERS:
0:00 – Intro on paying your mortgage early
0:10 – Financial experts advise about paying your mortgage
0:40 – Using the money for a home business instead
1:25 – Answer to paying your mortgage off early
1:40 – How Paul paid off mortgage in 6 months
2:11 – What is peace of mind worth?
3:40 – Focus on paying off debt
4:03 – Government Interferes with income
4:24 – What would have prevented my bankruptcy

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Here is another video from Dave Ramsey on this subject of paying off your mortgage early: https://www.youtube.com/watch?v=39mmtEQrr2k

#paymortgageoffearly #debtfree #mikehobbs

🏆 My Goal 🏆

My goal is to share valuable video marketing tips & tools around email marketing, social media strategy & other digital marketing or content marketing strategies so you can learn how to make money online with the best affiliate programs you choose to promote.

Other topics covered on this channel like scaling with systems, email list building, autoresponders and marketing automation typically aren’t for beginners but I focus on keeping my tips simple and to the point so that you can learn lead generation & website traffic without needing a Ph.D. to understand it all.

Because I shoot a lot of videos I will occasionally share some video editing tips, tools and equipment I use to shoot my videos to help you on your affiliate marketing journey…

I remember not knowing where to start and wishing that there was someone to help me. Now I want to help YOU, whoever you are out there reading this, earn money online month after month and hopefully change your life for the better. 🚀

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👨 About Me 👨

My name’s Mike Hobbs and I retired early from the Military after 12 years to pursue this wonderful world of Affiliate Marketing from home online. Since winning my own freedom in 2013, I now love helping others win their FREEDOM in a principle-centered way!

I’m a co-founder of a company called The Home Business Academy where we have amazing products like The HBA Funnel Builder (builds amazing sales funnels & websites) & HBA Premium Traffic & Conversions Academy (daily marketing & sales live coaching)…

So far with our growth and marketing, we have paid out over 4.1 million in commissions to our affiliates around the world & have provided 249,295 days worth of meals to the “Feed My Starving Children” organization.

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Are You Debt Free if You Have a Mortgage

Are You Debt Free if You Have a Mortgage, Should You Pay Off Your Mortgage Early? Debt Free Journey with Mike Hobbs.

The Liberty Of Becoming Financial Obligation Free

That might be a really embarrassing thing but at least you will not need to apply for bankruptcy. The secret is to disregard the people around you. Make today the start of something new, exciting and BIG.

Should You Pay Off Your Mortgage Early? Debt Free Journey with Mike Hobbs, Play latest videos about Are You Debt Free if You Have a Mortgage.

Make A Monetary Plan To Settle Your Financial Obligation Quickly

IVAs are an alternative to personal bankruptcy, and come with much less damaging effects. Eliminating this financial obligation initially is an excellent method to get you back on your feet.

So, you are searching for a financial obligation management company. Let us initially get some essentials right. You may have seen advertisements about protected financial obligation combination and unsecured debt consolidation. In a secured debt consolidation the deal is backed by a security. So when you go for a secured financial obligation consolidation you do not collect additional debt.

For all your Secured Debt s, you will continue paying the frequently set up amounts. You will not make any extra payments unless you have no unsecured financial obligation to pay. If this holds true, follow the waterfall technique laid out listed below to settle your Secured Debt quicker.

Once you start it does not take long to see the outcomes. It is type of like starting a workout and diet plan program. The weight begins to come off when you take the very first step of eating less and exercising more. Charge less and pay more and the financial obligation will fall straight off. In addition, when you have actually attained your goal of ending up being debt complimentary you will feel the like you do when you attain your weight reduction objective, you will feel much better and be better.

There are 2 types of expenditures, the fixed and on-demand costs. You may not be able to cut the fixed monthly expenditures like electrical energy, gas, leasing, loan installation, etc. But, expenditures like films, home entertainment, disco, dinner at hotel, and so on can be minimized to save some cash. The cash saved can be used to pay towards the debt. The more you pay on the debt you owed, the quicker it will be paid off and let you get a Debt Free life as quickly as possible. In fact, the first guideline of financial obligation decrease is to get rid of optional costs and you must take the action to cut whatever costs you can to minimum the invest of money and maximum the payment towards the debt.

So if you want a high credit rating you have to be proficient at handling financial obligation, and not just one kind of debt (like credit cards/Revolving Debt ) but a variety. To give you a high FICO score the credit system wants to see you managing a variety of financial obligations properly; both Revolving Debt (like credit cards, or store cards) and installment financial obligations (like a car payment, furnishings payment or a mortgage on a house or land). Not only that but you must also be accountable with other debts you incur that do not generally appear on your credit report. Things like: cellular phone expenses, medical costs, home phone/internet costs and cable television or satellite service costs. If they are overdue for a period of time and will decrease your credit rating, these will end up on your credit report.

One payment versus many payments: The average person of the U.S.A. pays 11 various financial institutions on a monthly basis. Making one single payment is much simpler than finding out who need to make money how much and when. This makes handling your financial resources much simpler.

Envision – debt free – no more mortgage, early retirement, travel the world, buy a yacht. Whatever your dreams are, you can have them. Others are doing it, you can too. Make today the start of something brand-new, exciting and BIG. Get your house based organization in internet marketing began now, and make your dreams a truth.

Soon you will find that you become more accountable in using your plastic cards. Now, don’t think that credit cards are all that you can combine. You require to develop a budget and stick to it.

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