For this episode, we are talking about all things mortgages. I recently closed on my new home and I wanted to discuss with you all the topic of whether or not mortgages are a great way to force savings.
Mortgages are often thought of as a big liability but there are quite a few reasons why having a mortgage is very beneficial from a savings standpoint. Learn more by checking out this week’s podcast.
Now, let’s look at what we discussed in this episode:
- The questions a typical physician asks themselves whether or not they have enough to retire and live comfortably.
- How and why a mortgage is a great way to build long-term wealth.
- How having a home mortgage affects your net worth.
Here’s a breakdown of how this episode unfolds…
[2:20] The probing questions a typical physician asks themselves when they are in the later years of their career.
[4:25] Why a mortgage is a great way to build long-term wealth.
[7:00] The biggest deduction you can make on your mortgage.
[10:50] What allowed my savings and investments in my own home to be a bit more liquid.
Subscribe & Review in iTunes
Hey there – are you subscribed to my podcast? If you aren’t, please show your support of the show by doing so now. I don’t want you to miss a beat, so if you’re not subscribed, there’s a good chance you’ll miss out on those. Click here to subscribe to iTunes!
If you’re one of our super special listeners, I would be appreciative if you also left me a review over on iTunes. Those reviews help other people find my podcast. Why not spread the insight to help other physicians and professionals on their passive income journey? Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know why you enjoy the show so much. Thank you!
OTHER WAYS TO ENJOY THIS POST:
Download on iTunes
Join the Passive Income Docs Facebook Group