560: Ask Farnoosh, Why are people discouraging me from paying off my mortgage?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 2K Ratings

🗓️ 14 April 2017

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Why are people discouraging me from paying off my mortgage if it will be financially liberating for me? I just got laid off... do I take unemployment or work part-time? Should I open a 0% APR interest rate credit card and transfer my student loan balance to that to avoid interest? Answering these questions and more on Ask Farnoosh this week.

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Transcript

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0:00.0	So Money episode 560, Ask Farnush.
0:03.4	You're listening to So Money,
0:07.1	with award-winning Money Guru Farnush Karabi.
0:09.4	Each day, get a 30 minute dose of financial inspiration from the world's top business minds,
0:14.8	authors, influencers, and from Farnus herself.
0:19.2	Looking for ways to save on gas or double your double coupons?
0:22.8	Sorry, you're in the wrong place.
0:24.8	Seeking profound ways to live a richer, happier life.
0:28.3	Welcome to So Money.
0:31.6	You're listening to So Money, everyone It's Friday episode 560, ask Farnoish time and I am up and at it
0:38.0	ladies and gentlemen. Had my baby all well, back at it,
0:43.0	back at work, sort of, working from home.
0:45.2	And Sophia has been keeping the place all tidy and ship shape.
0:49.6	Sophia, welcome.
0:50.7	Thank you.
0:51.7	Welcome back.
0:52.3	Thank you. It's good to be back. It's good to be back.
0:54.0	It's good to be practicing my vocal cords again.
0:57.0	It's been a while.
1:00.0	It's good to take a rest because, not just because I, you know, birthed a baby, but for those of you
1:05.1	who've been listening consistently, you probably noticed my voice was getting very coarse and
1:09.6	sound like I had, you know, a cough, but I didn't, I just just I've been using my voice over using my voice
	...

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