To Pay Off or Not To Pay Off
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.8 • 4.2K Ratings
🗓️ 27 February 2022
⏱️ 35 minutes
🧾️ Download transcript
Summary
In response to an email Suze received, we go to Suze School about when is the best time to pay off a mortgage. Are you trusting your gut or believing people who really do not have your best interest in mind?
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Transcript
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| 0:00.0 | Hi everybody, Suzy Orman here and Katie and welcome to the Women in Money Podcast and everyone's |
| 0:06.0 | smart enough to listen. And both of us are so proud to have this podcast sponsored by a |
| 0:12.5 | Lyand Credit Union, the home of the ultimate opportunity savings account. This is where if you |
| 0:19.4 | simply go to myalliant.com and why all L I A and T dot com open an account and deposit $100 |
| 0:30.9 | a month every month for 12 consecutive months. What's going to happen Katie? Alliant is going to pay |
| 0:36.5 | you a bonus of $100. That is the place that both of us want you to save. So go to myalliant.com |
| 0:45.8 | and do what Katie? Look for Suzy and start saving now. |
| 1:15.8 | February 27th, 2000 and 22th. Now I'm actually recording this on February 23rd one day before I go |
| 1:34.8 | into surgery just so you have a new podcast to listen to. So so many things that I wish I could |
| 1:43.7 | talk to you about today, but that would mean I need at least a five hour podcast. So what I normally do |
| 1:51.0 | is I sit down in front of the microphone. And I look at all the emails that are printed out or as |
| 1:59.0 | I'm going through the emails that you are sending into ask Suzy podcast at gmail.com. And normally what |
| 2:07.6 | happens as it happened this morning, one of the emails catches my eyes and it aggravates me. |
| 2:18.0 | And normally when I get aggravated, it is a great sign that says all right, let's just straighten |
| 2:26.6 | this out and let's do a Suzy school on it. So today I'm going to do a Suzy school on why? |
| 2:35.3 | When you own a home that you know you're going to keep for the rest of your life, why I want you |
| 2:43.2 | to pay off the mortgage by the time you are retired and why I do not want you to listen to your |
| 2:50.5 | financial advisors that say no, that's ridiculous. I can get more of a tax write off for you. I can |
| 2:57.2 | invest for you. I can do this and that. No, that's going to be the Suzy school today. |
| 3:02.8 | However, before we do Suzy school, I just want to talk a little bit about the markets. |
| 3:10.7 | I've told you and I'm going to be telling you this for a while, these markets are going to be chaotic. |
| 3:18.8 | They're going to start going up and then they're going to end down 600 points for the day. |
... |
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