Can I Pay Off the Mortgage?

Jill on Money with Jill Schlesinger

Audacy

Investing, Education, Business, Self-improvement

4.6 • 1.9K Ratings

🗓️ 13 April 2021

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Every once in a while you gotta throw a curveball to mix things up, and that's basically what I did with the latest question about whether or not it makes sense to pay off the mortgage.

Have a money question? Email me here.

Please leave us a rating or review in Apple Podcasts.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the Jill on money podcast. It is Tuesday, April 13th. Thanks so much for tuning
0:08.9	in this morning. And we are delighted that you are here. We are trying to help you answer
0:14.5	some of your big financial questions. If you have something on your mind, if tax season
0:19.8	is bringing something up, don't forget you can email us ask Jill at Jill on money dot
0:25.9	com. That's ask Jill at Jill on money dot com. Mark, by the way, after we did our recent
0:33.0	bunch of recording, I got a note from the IRS, which essentially confirmed what we thought.
0:40.6	The IRS officially extended additional tax deadlines to May 17th. What are those? The funding
0:47.1	of individual retirement accounts, the funding of health savings accounts, the funding of
0:52.1	archer medical savings accounts and the funding of Coverdale education savings accounts.
0:57.3	So just so you guys know, that's all been moved to the 17th of May. Okay. So you're doing
1:03.6	your taxes, you got questions, send us an email, don't forget to tell us if you would
1:08.1	like to come on the air live. If you were shy, you should change your name. And that is
1:13.8	what our next listener did because I made him change his name because his wife is skittish.
1:21.2	So Harry from Harrisburg, Pennsylvania, there's no way that I mean, there's probably some
1:25.9	guy named Harry and Harrisburg, but Harry and Harrisburg. Welcome to the program. How
1:30.8	does the name Harry feel as you try it on for yourself? Oh, it feels great. Yeah. It's
1:36.0	like a new suit. Sweet. Okay. Harry from Harrisburg, PA. What's going on? How can we help
1:42.7	you out? Yeah. So I am always struggling with whether I should pay my house off.
1:51.2	Early or take that money, that extra income each month and actually put it towards investments.
1:58.7	Harry, what is your age? I'm 34 and my wife is 32. Do you both work? We both work. Yes.
2:07.9	How much do you earn? We're about 185,000 a year. Kids? No kids. We'll have or will not
2:15.7	have. What do you think? We're trying to have kids. We're currently going through
	...

Please login to see the full transcript.

Previous episode | Next episode

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

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