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To: where's_the_Outrage?
I get the math, but paying off a mortgage is more than numbers - it really frees you from other concerns one might have like, losing a job, etc.

There’s quite a few things that I disagree with Dan Ramsey about, but he’s totally right about paying off a house. Life is certainly less stressful.

Being debt free is the way to go - took my wife years to get on board, but once she was, we paid off our house very quickly - now we travel around the world at least once per year.

JMHO

27 posted on 08/17/2024 9:48:37 PM PDT by 11th_VA (All Borders Matter)
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To: 11th_VA

Exactly, for those of us little guys, this is way to go. Being debt free is such a stress reliver.


29 posted on 08/17/2024 9:56:37 PM PDT by where's_the_Outrage? (Drain the Swamp. Build the Wall.)
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To: 11th_VA
Interestingly, paying off a mortgage early is one of the few bits of Ramsey’s advice I DON’T agree with — at least as a general rule.

He’s got a financial strategy that does make a lot of sense — but really just for an audience of people with limited financial knowledge and resources. He’s got an aversion to debt that borders on pathological, and it definitely skews his advice in a way that is not necessarily good for many people.

34 posted on 08/18/2024 3:28:38 AM PDT by Alberta's Child (“Ain't it funny how the night moves … when you just don't seem to have as much to lose.”)
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To: 11th_VA

“There’s quite a few things that I disagree with Dan Ramsey about, but he’s totally right about paying off a house. Life is certainly less stressful.”

Agreed.

Stress is silent and does not show up on any balance sheet.

Life is more than numbers.


36 posted on 08/18/2024 4:40:45 AM PDT by cgbg ("Our democracy" = Their Kleptocracy)
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