Pay off house early or invest? Wealthy Idiots React (Ramsey)
Should you pay off your house early or invest? This is a tough decision. Team Ramsey advises caller to buck the norm and pay off his house early. AJ explains how investing give the caller the financial peace he's looking for.
The Wealthy Idiots Website:
https://www.wealthyidiots.com​
Social Media:
https://www.facebook.com/wealthyidiots​
https://twitter.com/WealthyIdiots​
https://instagram.com/thewealthyidiots
Original Video - https://www.youtube.com/watch?v=LjhcB92R7M0 - Â @Dave RamseyÂ
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00:00 Introduction
00:47 Proposal to react to Gold Digger
01:29 Start of Ramsey show, caller asks about paying off mortgage or investing
02:17 I don't have anything for my kids college
02:55 Household income is $400k
03:12 Pay your house off before the day is over
04:43 You could pay off your loan and then save up for kids college
05:31 Net-worth is more important than being debt free when it comes to financial peace
06:28 AJ will take over your mortgage for you
07:06 Rachel agrees with the Wealthy Idiots!
07:32 Debt Free DOES NOT equal financial peace
09:44 End of reaction video
09:57 If AJ takes over the loan, he can hundreds of thousands by investing
10:40 Conclusion
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