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Marriage Kids and Money: Personal Finance for Families

I'm Losing Motivation to Pay Off the Mortgage. What Should I Do? | Brennan Schlagbaum + Mortgage Free Family | Mark & Tiffany Baker

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9604 Ratings

🗓️ 15 November 2021

⏱️ 38 minutes

🧾️ Download transcript

Summary

Kevin has been working on paying off his mortgage for years but now he’s having second thoughts. Real estate investing sounds much more interesting to him now. Brennan Schlagbaum, the founder of Budgetdog, joins me to discuss how Kevin can find his motivation to earn his paid-off house (or use his money another way). On our Mortgage Free Family Segment today, we’re going to interview Mark & Tiffany Baker from Terre Haute, Indiana. They recently paid off their mortgage as part of their path to real estate investing in their hometown.  RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Budgetdog (Instagram) 3 Sisters Investments (Website) OTHER EPISODES YOU MIGHT LIKE The Disadvantages of Paying Off Your Mortgage Early Pay Off My 30-Year Mortgage Early or Invest? 10 Incredible Benefits of a Paid Off House MKM RESOURCES YouTube Instagram  Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, this is Ava from Vanta.

0:02.0

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0:17.0

So whether you're a startup going for your first SOC 2 or ISO-27,001, or a growing enterprise managing vendor risk, Banta makes it quick, easy, and scalable, and I'm not to say that because I work here. Get started today at banta.com. Think of it this way. If you have an extra $1,000 and you don't know what to do with it, get out two tools. And these two tools have helped me so many times along the decision-making process, an amortization

0:41.6

schedule and a compound interest calculator.

0:44.0

Plug and play variations of that available money and just figure out what works for you

0:48.9

and figure out what makes your heart content.

0:56.6

This show is dedicated to helping you, strengthen your family tree, and live financially

1:02.0

free.

1:02.8

Welcome to the Marriage Kids and Money podcast, everybody.

1:04.9

This is Andy Hill.

1:06.5

And today we're going to do two things.

1:09.4

First, we're going to be answering a question from the

1:11.5

marriage kids and money community about what to do when you're losing motivation to pay off your

1:18.2

mortgage. Hmm. And second, we are back with our mortgage-free family segment.

1:23.6

Today, we're going to be featuring Mark and Tiffany Baker from Terre Haute, Indiana.

1:29.3

They are going to share how their mortgage freedom has even allowed them to revitalize their hometown.

1:36.2

All right, let's jump into today's show.

1:39.9

I received a question from Kevin in our thriving family's Facebook group, and here it is.

1:46.8

Longtime listener here and first time poster, I need some advice.

...

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