Show notes
Learn why mortgage debt is not automatically a bad thing and what you need to do for financial freedom.
All debt is not the same. Treating a 3% mortgage interest rate the same as 21% credit card debt, means you are missing an opportunity for financial freedom. It is imperative you start saving for retirement and compound your money well, and that needs to be a priority above paying off your low interest rate mortgage so you can afford to retire.
Are you investing well for financial freedom...or not?
As we live our lives, we have seen enormous money be made in real estate, technology stocks, etc. and have seen wild swings in markets before. They can feel scary at the time, but in hindsight are often tremendous opportunities for future financial success.
If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 2% or 10% on your money over 30 years, is the difference between it growing to $181,136 or $1,744,940, an increase of over $1.5 million dollars.
Your compounding rate, and how well you invest, matters!
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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.
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