Episode 03: Modern Day Money Guide
Would you take money advice from a crusty old white man using technical jargon? Finances are gate-kept and overwhelming for no good reason. This episode takes a step back to investigate common money beliefs: for one, that all debt is bad. It's not. Debt is just a decision to borrow money for a fee. You don't need to pay your mortgage off to be financially responsible; long term, it's often better to invest more into retirement than to pay off your mortgage early. Online businesses deserve to be treated as valid, too.
Key Takeaways
Not all debt is bad, debt is simply a decision to borrow money for a fee.
Paying off a mortgage early isn't always the most financially optimal choice.
Investing more into retirement can outperform early mortgage payoff long term.
Financial advice should be accessible, not gate-kept by jargon.
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DISCLAIMER: This Podcast may receive compensation for promoting or recommending products or services through affiliate links. We only recommend products and services that we believe are of value to our listeners. The content provided in this podcast is for informational purposes only and does not constitute professional financial, accounting, or legal advice. Listeners are advised to consult with qualified professionals before making any financial decisions. The Freelance CFO is not responsible for any actions taken based on the information provided.
Music credit: Neon Fairies by Wolves
Note: This episode is from our previous podcast, Confident Money.
