The Financial Red Pill by Copeland Cairo

Author:Copeland, Cairo
Language: eng
Format: epub
Published: 2020-02-29T00:00:00+00:00

Therefore, a mortgage allows you to keep control over your money and your access to it. Giving it to the lender as early payment means you lose the options and freedom that the money was buying you. Sometimes just having money feels better than spending it. Sure, when you pay off the house, you have no future payments, but you also have no money. You’ve got to wait until more comes in. And you remember it took a long time to get enough it to pay the house off.

Finally, is paying off the mortgage the only thing you need to do with your money? Don’t we have other concerns? Like paying down other debts? Having funds ready for unexpected emergencies? Ensuring you have enough food to eat? Gas in your car? And most importantly, saving up for your eventual financial freedom? Mortgages allow you to multitask with your money to cover all of these.

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