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Ramsey Everyday Millionaires

I’m Being Told NOT To Pay Off My House...Should I Listen?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.63.6K Ratings

🗓️ 21 February 2022

⏱️ 6 minutes

🧾️ Download transcript

Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, and George Kamel.

Transcript

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0:00.0

You're listening to Ramsay every day millionaires, where we talk retirement, building wealth,

0:10.5

and outrageous generosity.

0:13.9

Greg is with us in Frederick, Maryland to start off this hour.

0:16.9

Hi, Greg.

0:17.9

Welcome to the Ramsay Show.

0:18.9

Hey, Dave.

0:19.9

How's everything going?

0:20.9

I know it's a shame how you doing, but you're like near better than we need to be, right?

0:25.8

That's exactly right, sir.

0:27.4

What's up?

0:28.4

Yes.

0:29.4

I have a question for you.

0:30.4

I've been pondering this to exactly what I should do.

0:34.6

I'm retired.

0:35.6

Been retired for a couple of years.

0:37.6

Financial God has blessed us.

0:40.1

I have one portfolio that I've been saving over the years to pay the house off.

0:45.9

We have a house that we've got about 80,000 left.

0:49.5

I can take that money, pay it off, or continue to pay the monthly premium.

0:55.8

My question to you, Dave, is what should I do?

1:00.4

Should I worry about the bite?

1:01.4

I'm going to get from taxes, but the comfort relief I have of owning my house, I'm 71.

...

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