Welcome to Radical Personal Financers Show dedicated to providing you with the knowledge, skills, insights and encouragement you need,

deliver rich and meaningful life now, while building a plan for financial freedom in 10 years or less.

My name is Joshua Sheets, I'm your host, and today we're going to deal with one of those topics that is absolutely

a core component of financial freedom as we continue our podcast series called Financial Goals

that everybody should set.

And today I want to try to persuade you to set a goal to buy a debt-free house and

ideally to buy your first house debt free, meaning with cash.

Now for many of my listeners, it'll be too late for that

because you've already bought a house and you bought a house with a mortgage,

and that's fine.

We can talk at another time about the value of paying off a mortgage.

But if you have children, or if you have grandchildren, or you have nieces and nephews, or if you have young people that you like,

I want to persuade you to try to talk to them to set a goal of

paying cash for their first house.

In the previous podcast episode in this series, we talked about the value of buying a house and how buying a

house can so many times form a foundation to your financial life that is

enormously powerful and it can be an incredibly valuable financial asset for you to own.

And I'm not saying that nobody should ever take out a mortgage.

I think that buying a house with a mortgage is better than not buying a house at all.

But the spirit of this podcast series is to say that a lot of times we can

achieve the goals that we set for ourselves. But one of the reasons we don't achieve more goals

is because we don't have the creativity or the vision to set goals that we believe in,

...