Welcome back to Finance Friday. It's another special edition of Money Girl where I answer

your burning money questions. Today we have a great topic from Jenny. She says I'm a

52 year old single mom and my finances are in good shape. I want to pay off my

home so I'll be completely debt free when I retire. What do you think about paying

off a mortgage early? And what's the best way to do it? Thanks so much for your question, Jenny.

For most homeowners having a mortgage payment is their largest debt,

so getting rid of it would feel terrific.

While being mortgage-free is an excellent goal, it may not always be the best use of your money.

If you're a homeowner or want to be one someday, this podcast will review the pros and

cons of paying extra on your home loan. I'll review when it's wise to pay off

a mortgage early and eight strategies for eliminating your mortgage faster when it's the right

move for you.

Welcome back everyone and thanks for joining me on episode 857.

I'm Laura Adams, an award-winning author, finance spokesperson, money speaker, founder of the Money Stack newsletter, and host of

the Money Girl Podcast with over 43 million downloads.

My mission is to help you get the knowledge and motivation to prioritize your finances,

build lots of wealth, and have more security and less stress.

Every episode here is like a mini money training.

It's designed to help you take your financial life to the next level.

So if you're enjoying the value from the free content we love creating, consider submitting

a five-star rating or review on Apple Podcast, Spotify, or wherever you are

listening right now. I'll thank you in advance for that. If you have a

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