We paid our car and house off this week! Turned 41 years old today and we have ZERO nice birthday present 😀
mastrosigns
I paid off my mortgage this morning! A 30 year mortgage paid off in 11 years. Onward and upward!
MarkNokesGuitar
I’m 51 years old just paid my house off April of 2023. What a awesome feeling it is.
lee
Even after all these years, you can clearly tell from Dave’s smile at 0:27 that he is still genuinely happy and proud of people for getting out of debt. Awesome!
dannyh
This helped me here in England, I’m in a position to pay my home off cutting them ties. Mortgage free at 43 ❤
ndiggadee
This is why I chose to just overpay my 2.14% mortgage instead of saving it in the bank at 5%
GeorgeAusters
Ability to buy the next one with a down payment without the contingency of selling the current home is also a pretty solid position.
edwardhamilton
We have no car loan, sold one car, share one 2014 Subaru Crosstrek, our house we paid cash for 5 years ago and the house was new, but small. What we have is financial freedom and 1million in assets and investments.
karenjensen
Paid my mortgage off years ago. Used equity to buy land. That hung over my head for years. I had retired. Anyways, went back to work for a while to pay it off. Got it done. Then I realized I loved my new job. Amazing how things work.
yoshit
Going on a vacation with your children is not a bad investment. You'll be 60-70 soon and you'll have that smile on your face thanks to that vacation. Life's short.
Averegejoedaily
Check to see how much interest you are paying daily on your mortgage. When we realized that we were paying $37 of interest per day, we started throwing all the money that we could, at the balance. We are nearly done...within the next month we should be free!
elliemin
I want to be mortgage free as soon as possible! 🏡💰💸💵
managingmonasmoula
We debate this a lot. Our mortage is 2.5% which makes the debate harder for us.
TG-todv
I consider the interest I pay on my mortgage my "rent" payment, and all the extra principal payments just go to lowering my "rent" every month
desertwheeling
That Matthew example is gold. No way in hell would we have income tax if it wasn’t taken out before you got paid.
iali
Dave might disagree, but I saved a lump sum to pay off a debt. During the student loan pause, I didn't make any payments- I saved the money instead with the hope of earning some extra interest. In order to make it easier, I bought T-bills that mature in mid-September, and when the due date for the loans come, my repayment plan is to write a check. It is tempting when you have a big pile of money sitting around to use it for something else, but I'm quite tight-fisted, so I trusted myself to stay the course.
EricColeThornton
I love jade, Dave, and their relationship. When jade is dropping knowledge, you can tell how proud Dave is by how he looks at her.
jameshorton
I'm debt free but on my regular everyday bills I would never do auto pay on anything. It's too easy for companies to make mistakes.
bc_usa
As a Matthew, I approve of this video. Love the "automate smart, and make stupid hard" concept. Love Jade, too.
mattcrouch
Jade and Dave work so well together and Rachel & George are great together. I love these two pairings, they bring somewhat different approaches but it’s still cohesive. I like it!
