Paying off your mortgage… or student loans… or any other debt is an honorable and worthwhile goal, BUT…
Consider the OPPORTUNITY COST.
If you PAY OFF a debt that is a lower interest rate than what you could be earning if you INVESTED that money, you are actually losing money.
If that sentence does not make sense and you cannot figure out why you are stuck in your current financial situation, we need to talk. DM me for a free consultation.
Now, there is something to be said for the peace of mind you may have knowing your debt is paid in full. And that is not something to minimize when considering your options.
But, if you have confidence in your ability to make EMPOWERED financial decisions, your could leverage the debt you have so you can put your money to work making more money for you.
This is something that my Money Moms have learned in my Money Mom Academy. They know how to evaluate the opportunity costs of their financial options so they can make the BEST decisions for their situation.
If you want the peace of mind that comes from knowing what to do with your money and how to set yourself up for the kind of life you want to have ON YOUR TERMS, DM me to see how I can help you. I have options for every goal and budget.