2719: Why Choose To Live In The Poor House - Again? by Helene Massicotte of Free to Pursue on Should I Rent or Buy

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 9 May 2024

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2719: Explore Helene Massicotte's incisive take on the long-term pitfalls of choosing to carry a mortgage into retirement. Massicotte argues against the common belief that having a mortgage for life is manageable or desirable, highlighting the financial and psychological freedom that comes with being mortgage-free. This episode delves into the reasons why freeing yourself from perpetual debt is not just feasible but fundamentally liberating. Read along with the original article(s) here: http://www.freetopursue.com/blog/2015/5/28/the-poor-house-again Quotes to ponder: "Being mortgage-free (read debt free) is just about the best feeling in the world, second only to being in love." "You pay double for your housing when you count all the interest you pay over your lifetime." "Your home will never be yours. It will always belong to the bank." Episode references: Happy Money" by Elizabeth Dunn and Michael Norton: https://www.amazon.com/Happy-Money-Science-Happier-Spending/dp/1451665075 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Looking to part ways with complicated, expensive, and uncertain shipping,
0:04.7	then give your business the edge it needs with USPS Ground Advantage shipping
0:10.0	from the United States Postal Service. Keep everything simple with clear, upfront pricing and no unexpected surcharges.
0:18.0	Keep things affordable with some of the lowest prices out there.
0:22.0	And keep it all reliable with on-time ground shipments.
0:26.6	It's time to turn shipping to your advantage.
0:29.4	Learn how at USPS.com slash advantage. USPS.com . . . . .
0:34.0	USPS Ground Advantage.
0:36.0	Simple, affordable, reliable.
0:39.0	This episode is brought to you by Oracle.
0:42.0	AI is storming every industry. This episode is brought to you by Oracle.
0:42.5	AI is storming every industry,
0:44.8	but how do you compete without costs spiraling out of control?
0:48.3	Time to upgrade to Oracle Cloud Infrastructure, or OCI.
0:53.0	OCI is one efficient platform for your infrastructure, database and application development
0:58.5	with AI built in.
1:00.0	Do more and spend less like Uber, the Premier League and Oracle Red Bull Racing.
1:05.0	Take a free test drive at Oracle.com slash Spotify.
1:10.0	This is Optimal Finance daily episode 2719.
1:13.8	Why choose to live in the poor house again?
1:16.6	By a Len Masakot of free to pursue.com.
1:19.9	And I'm your host and personal finance enthusiasts
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.