You're Not Poor...You're Getting Robbed! | Chris Naugle

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DISCLAIMER. All opinions expressed by Chris Naugle, any cast mates, The Money School or its members, employees, or contractors, are solely their own opinion and are not investment or personal financial advice. This content is for informational purposes only and this information should not be relied upon for investment or other financial decisions. Nothing contained herein is financial, legal, or tax advice. You should consult with attorneys, accountants, certified financial advisors, and other qualified professionals before contemplating to make any investment or financial decisions.

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[multimeter]

I like the way Garrett Gunderson talks about paying off your house early. He said not to make extra payments because you're reducing your monthly cashflow and not getting an immediate benefit. He instead advocated for saving up the cash that would've gone toward the extra mortgage payment and then paying off the mortgage in a lump sum. That way you're getting the immediate benefit of owning the home, and eliminating the monthly payment all at once.

[dlangley]

Can you get a Heloc for investment purposes if your mortgage is 100% paid off?

[Threelittlebirdz-xkxn]

Since 2020 I have been continuously robbed of everything before I even earn it! 😔

[minhucle]

Non, chẳng thay đổi được gì đâu các con ạ

[damianrobinson]

We are being robbed when we go to work. Our time for taxed net pay.