Why You Shouldn’t Pay off Your House

We are continuously approached with the question “should I pay off my house” but our philosophy challenges the traditional way of thinking about efficiency, your money and paying off your house.

In today's Better Wealth Breakdown Episode, Dan and I visit the idea of why “paying off your house” may not be the most efficient thing to do with your money.  We look at where the traditional idea of paying off debt or your house comes from and why those of you who already save and are disciplined with your money might not find the traditional way very efficient for your future. Listen as we break down the money math through three concepts: Wealth Transfers, The Growth Aspect (Opportunity Cost), and the Security & Control.

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