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Ramsey Everyday Millionaires

What Is The Best Way To Pay Off My Mortgage?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.63.6K Ratings

🗓️ 14 January 2022

⏱️ 4 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, Christy Wright, Rachel Cruze, John Delony, and George Kamel.

Transcript

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0:00.0

You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth,

0:10.5

and outrageous generosity.

0:14.1

Brandon is with us in New York City.

0:15.6

Hi Brandon.

0:16.6

Hi Dave, how are you?

0:17.6

Better than I deserve.

0:18.7

What's up?

0:19.7

I have a question for you.

0:22.0

My wife and I are in a bluff situation and we have no dad except the mortgage.

0:27.3

Good.

0:28.3

We have about 200,000 on our mortgage remaining the pay.

0:33.7

And we're in a situation now where I think we can get rid of all our debt and we're just

0:39.0

struggling on what's part of our assets that we should take the money out of to pay it

0:45.7

off.

0:46.7

So can I give you my financial back on my question?

0:49.6

What are the buckets?

0:50.6

What are the buckets we can pull for?

0:52.4

We have a rental property that's all paid off.

0:55.5

And we can get at least 200,000 for it.

0:59.6

And your balance on your mortgage is 200?

1:01.9

Correct.

1:02.9

Yep.

...

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