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Do NOT Pay Off Your Mortgage
Episode 355

Do NOT Pay Off Your Mortgage

The Money Podcast

November 2, 202322m 41s

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Show Notes

Rob gives the reasons why you should never pay off your mortgage and more investing and money tips for the current economic climate. Also learn why the government is actually helping you financially right now (!) and how the banks are trying to scam you!

KEY TAKEAWAYS

  • With low-interest rates, there’s certainly no point in paying your mortgage off, but it’s still not a good idea even with the current increased rates.
  • Buying your home might not be as good an investment as you first think.
  • It’s almost always worth getting into debt for a house, even in the current climate.
  • If you have spare cash, you can invest this money more wisely than paying off your mortgage.
  • Don’t just exchange your time for money but instead use your time to buy and build assets

BEST MOMENTS

“It is a con by the banks”

“Is your home an investment?”

“A mortgage is the cheapest finance you can get”

“When inflation is high the government are paying off your mortgage for you”

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter  

https://robmoore.com/podbooks

 rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/ 

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

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