In this video I discuss where I am in my mortgage payoff journey. We also discuss reasons for paying a mortgage off early and we take a look at comparing the pros and cons of paying off a mortgage early versus investing the money used to make additional principal only payments. Let's talk.

0:00 - Intro
0:47 - Question Posed
1:50 - Quick Summary on My Home Purchase
2:35 - Refinancing Tips
3:40 - Which is Wiser: Home vs Market
4:22 - My Retirement Plan Includes a Paid Off Home
6:55 - Monthly Payoff Updates
9:38 - My Mortgage Freedom Bank Account
12:37 - Paying More in Interest than I am Earning in Interest
16:02 - Compound Interest Calculator

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💰 ABOUT ME:

People ask me this a lot: What do I do for a living? Here's the answer..I'm a magician. I am. For me, money grows on trees and is as abundant as raindrops falling from heaven. Yup...that's it, heaven grants me my wishes and my heart's desires simply because it is law. For real...all sacred texts say so...so why wouldn't YOU believe it to be true?

But in layman's terms, I am a computer software engineer by day and a landlord of sorts. I also create Youtube content and these things are the bulk of my income.
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P.O. Box Address:
Tinesha Davis
PO Box 220312
Chantilly, VA 20153-0312

Email: [email protected]
Instagram: Tinesha_Davis

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Song Credit:

Bubblegum by Declan DP Music   / declandp  
Licensing Agreement: https://declandp.info/music-licensing
Free Download / Stream: https://bit.ly/BubblegumDeclanDP
Music promoted by Audio Library    • Bubblegum – Declan DP (No Copyright M...  

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Disclaimer: I’m not a financial expert or anything related. I am not qualified or certified to give financial advice. These videos are for educational purposes only and the channel’s content is made up of personal opinion gathered through personal experience. Please do your own research.