Keep the Mortgage for the Tax Deduction? + Mortgage Free Family (Jon Banker)

Does it make sense to pay off your mortgage if you lose the mortgage interest tax deduction?

This is a common question people struggle with who are considering paying off their mortgage. Let's explore if keeping your mortgage for the tax savings makes sense.

Also, we hear from Jon Banker from Colorado who recently paid off his mortgage early. We discuss why he did this even with a mortgage at 3% interest. 

Last, but not least, my son Calvin joins me for a new segment called "The Good Word". 

EPISODE RESOURCES

Firstly:  Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today! 

"The Good Word" Story of the Month

OTHER EPISODES YOU MIGHT LIKE

Family Wealth and Happiness:  10 Steps to a Better Tomorrow (Today)

10 Incredible Benefits of a Paid Off Home

50% to 10%:  Why We're Happy Saving Less in FIRE Journey

MKM RESOURCES

MKM Coaching:  Request your free 15-minute consultation

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Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice.

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