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Keep the Mortgage for the Tax Deduction? + Mortgage Free Family (Jon Banker)

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Manage episode 317746776 series 2280728
Content provided by Andy Hill. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andy Hill or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Does it make sense to pay off your mortgage if you lose the mortgage interest tax deduction?

This is a common question people struggle with who are considering paying off their mortgage. Let's explore if keeping your mortgage for the tax savings makes sense.

Also, we hear from Jon Banker from Colorado who recently paid off his mortgage early. We discuss why he did this even with a mortgage at 3% interest.

Last, but not least, my son Calvin joins me for a new segment called "The Good Word".

RESOURCES

**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors

Firstly: Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!

"The Good Word" Story of the Month

OTHER EPISODES YOU MIGHT LIKE

Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today)

10 Incredible Benefits of a Paid Off Home

50% to 10%: Why We're Happy Saving Less in FIRE Journey

MKM RESOURCES

MKM Coaching: Request your free 15-minute consultation

YouTube

Instagram

Voicemail

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

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

561 episoade

Artwork
iconDistribuie
 
Manage episode 317746776 series 2280728
Content provided by Andy Hill. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andy Hill or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Does it make sense to pay off your mortgage if you lose the mortgage interest tax deduction?

This is a common question people struggle with who are considering paying off their mortgage. Let's explore if keeping your mortgage for the tax savings makes sense.

Also, we hear from Jon Banker from Colorado who recently paid off his mortgage early. We discuss why he did this even with a mortgage at 3% interest.

Last, but not least, my son Calvin joins me for a new segment called "The Good Word".

RESOURCES

**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors

Firstly: Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!

"The Good Word" Story of the Month

OTHER EPISODES YOU MIGHT LIKE

Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today)

10 Incredible Benefits of a Paid Off Home

50% to 10%: Why We're Happy Saving Less in FIRE Journey

MKM RESOURCES

MKM Coaching: Request your free 15-minute consultation

YouTube

Instagram

Voicemail

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

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

561 episoade

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