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You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building wealth, and outrageous generosity.

All right, let's go out to New Orleans, Louisiana, and talk to Zachary. What's up, Zachary?

Hey, what's going on, guys? Thank you for taking my call. You got it, dude. What's up?

I just got a quick question about paying off my mortgage. I'm on baby steps four, five, and six right now.

And I'm currently putting an extra $500 a month towards the mortgage.

My wife and I bought it, a house back in March of this year.

We put 15% down on it and been putting $500 down every month since we started making payment.

Way to go.

I'm just curious if I should be doing more.

It depends on if you want to.

Listen, that 500 that you're doing extra every month is just busting your amortization

schedule in the face like Mike Tyson.

You're going to be done with this before you know it.

And so at the end of the day, this is about you being intentional with your wife,

you guys sitting down and saying, how much do we want to do? You know, you're at the point where

you should enjoy some of the fruit of your labor a little bit. And I can't tell you what that

number is, but you can sit down with your wife and decide. I like that you already have a regular

kind of rhythm of how often that you

pay. And at this point, it's about margin. How much margin do you want to put towards this and how

much do you want to put towards living and enjoying your life? Well, I guess that's the problem

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