August 20, 2021

Are We MORONS for Paying Off Our Mortgage? [Bread & Wine]

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This past week, we received a lot of negative feedback for paying off our mortgage early. There was name-calling, swear words and someone even said “you are ruining people's lives!” Woah, yikes.

While we're very happy with our decision, we realize it's not for everyone.

Nicole and I review why people may be throwing shade about our paid-off house and share the reasons we love our mortgage freedom.

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What do you think about paying off your mortgage? Is it mortgage freedom a good idea for you and your family?

Please let us know in the comments below.

Andy Hill

Andy Hill, AFC® is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping families build wealth and happiness. With millions of podcast downloads and video views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world. When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing on his hammock.

2 responses to “Are We MORONS for Paying Off Our Mortgage? [Bread & Wine]”

M. Olson

August 26, 2021

Just wanted to give a shout out to echo your thoughts on paying off a mortgage. We paid off our mortgage in 2018 (I was 32, husband was 41) and the freedom I feel on a daily basis is priceless. I was able to move to more part-time job and I do not feel like a slave to my job which helps me manage work stress better. I totally agree that it is individual’s choice and comfort level as far as mortgage versus investing (or neither!) – I have friends with mountains of debt but it doesn’t bother them. It bothered me – I brought my husband along – and I will never regret the journey and choice to pay off our mortgage early.

Reply
1. Andy Hill
  
  September 2, 2021
  
  Thank you so much for these kind words! Nicole and I gave you a shoutout on our most recent episode of Bread & Wine! You inspired our whole episode :)
  
  https://marriagekidsandmoney.com/podcast/the-5-love-languages-bread-wine/
  
  Reply

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