Views : 552,730
Genre: People & Blogs
Date of upload: Nov 20, 2023 ^^
Rating : 4.923 (148/7,535 LTDR)
RYD date created : 2024-05-14T14:29:56.789527Z
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Top Comments of this video!! :3
We were able to pay off our mortgage this past august. Life has been changed drastically for us. We no longer worry about money and our focus now is saving. We were able to pay it off in 10 years. The remaining balance was 20k and we payed the lump sum. At age 33 with a household income of 120k. Iβm very proud of us.
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My wife and I paid off our home in June of 2020. I was never afraid of Covid or any of it's variants. What terrified me was that, in America, the government could determine that a business, a church or whatever, was non-essential and close it down. We had 6-1/2 years left on a 15 yr mortgage and because of creating my own side hustle 20 years prior, we had enough money to comfortably pay the house off. Both the lock downs and the masks were so terrifying to me that I told my wife, I don't know where the world is headed but we are going to live in a home that is paid for. No excuses!! I was making $36k at my job and my wife had always been a stay at home mom. 4 months later I was fired after 20 years without severance, unemployment was blocked, and my insurance ended in the blink of an eye. Thank God for a side hustle that now supports my family better than I ever thought possible. Pay it off people!
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We paid off our mortgage in this November Thanks to Daveβs 7 Baby steps and now we are one of the everyday millionaire because of his teaching! Very grateful that our family future has changed and we are now in Step 7! God Bless Dave and the team and it truly works if you follow his outstanding advice as we have validated it through our own experience to build financial peace and wealth!
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I followed Dave religiously for 1 year, and we were able to pay off our mortgage. Thanks to Dave, I dedicated 16months in working full time and paying my Masters out of pocket. Today I am completely free, glory be to God.
I am naturally very scared of debt because I grew up watching my mom drawing in debts and never able to pay until our adulthood, my siblings and I came together to pay of her debts and for the 1st time in her life she is experiencing true peace of mind.
Now, I am entering my investment phase. I need all the guidance I need to invest wisely π. YOur suggestions are welcome.
IT IS POSSIBLE, YOU ONLY NEED TO BE EXTREMELY DESCIPLINE.
THANK YOU DAVE. π
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Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
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@kickasskdf
5 months ago
Made my final mortgage payment yesterday! 38 and debt free!!!!! Took about 11 years and 4 months to pay off.
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