Pay Down Mortgage or Invest?
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 16 February 2021
⏱️ 13 minutes
🧾️ Download transcript
Summary
Whether or not it makes sense to pay down the mortgage is a common topic on this show, but with mortgage rates so low, it's hard to make the case that paying down a mortgage is better than investing that excess cashflow.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Are you ready for a Monzo Business Bank account? |
| 0:03.3 | Heather from the Accountant's Growth Club was? |
| 0:05.3 | Knowing what cash I have is really important. |
| 0:08.0 | And Monzo Business makes it easy. |
| 0:09.8 | It automatically puts 20% of my income into a tax pot. |
| 0:14.0 | When it's time to pay your VAT, I always know the money's there. |
| 0:16.8 | If you're ready for a Monzo Business account, apply today. |
| 0:19.9 | Just search Monzo Business. |
| 0:21.5 | Only sole traders or limited company directors in the UK can apply. |
| 0:25.0 | Get tax pots with Monzo Business Prove for £5 a month. |
| 0:58.1 | With Dr. Pepper Zero. |
| 1:28.1 | And the JillOnMoney.com website, all you have to do is hit the contact button. |
| 1:32.7 | And we'll get to you. |
| 1:33.9 | And of course, we've got thousands and thousands of emails. |
| 1:36.1 | We do our best if you'd like to jump the line and get your question answered. |
| 1:40.5 | The easiest thing to do is just say, hey, I want to come on the air with you. |
| 1:44.0 | Come on. |
| 1:45.0 | But if not, that's okay. |
| 1:46.0 | We're going to keep working it through, all right? |
| 1:48.8 | This is an email that we received from David, who says that he and his wife recently moved |
| 1:54.4 | from California to Texas. |
| 1:56.8 | And own a home in each state. |
... |
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