Wow, this is so motivating!!! We're $27K away from paying off our mortgage and should be finish in less than a year. I feel like when it's paid off for me the possibilities are endless!
@heavymetalmoney
Жыл бұрын
Way to go!
@MarriageKidsandMoney
Жыл бұрын
So close! Keep us posted on your progress!
@justnyla2780
Жыл бұрын
Congratulations 🎉
@heavymetalmoney
Жыл бұрын
@@justnyla2780 thank you!
@BudgetingTheBacon
Жыл бұрын
@@justnyla2780 thank you so much!
@nettoyageadriance
Ай бұрын
Love this channel! Why did I not know about this? Paid off mortgage over 5 years at 38. 39 now and just bought our first rental investment unit. Zero debt, $510k net worth. Couldn't imagine any other way. No stress.
@MarriageKidsandMoney
Ай бұрын
Glad you found us! We love celebrating the mortgage-free life. And congratulations on eliminating your mortgage! Contact us if you want to share your story on our channel and podcast! marriagekidsandmoney.com/contact/
@mateoboschify
4 ай бұрын
Paid off our house this spring and it's amazing. Just turned 42. Being a millionaire is cool but being a debt free millionaire is awesome. If I did it, anyone can. Still drive a 25 year old pickup truck. Minimize things that lose value and stay away from credit and it is easy to save money.
@MarriageKidsandMoney
4 ай бұрын
Incredible!! A mortgage-free millionaire!
@heavymetalmoney
Жыл бұрын
Thank you so much for including me in your Mortgage Free series! If I can become mortgage free, anyone can.
@MechE11B
Жыл бұрын
Congrats on the achievement, seriously, great job!
@MarriageKidsandMoney
Жыл бұрын
Thank you for sharing with us Chris!!
@Orielle1000
9 ай бұрын
Your story inspires me. We're going to be mortgage free before the end of the year and my husband and I are so happy to start a new slate in 2024!
@heavymetalmoney
9 ай бұрын
Excellent! 💪@@Orielle1000
@ericwilliams952
8 ай бұрын
This guy sounds like what I’m doing at 55. Good job
@MarriageKidsandMoney
8 ай бұрын
Glad the conversation resonated with you!
@Nico_El_Tornado
Жыл бұрын
I'm mortgage free at 35, took 9 years to pay off my house if you wanna interview me and how I did it.
@MarriageKidsandMoney
Жыл бұрын
That’d be awesome Nico! Can you contact me via my website? marriagekidsandmoney.com/contact/
@TheFirstRealChewy
Жыл бұрын
1:36 While important, I don't factor in the equity of my home. Its just something I buy to lower my cost for shelter.
@Kika-rn9tq
Жыл бұрын
I love ❤️ this interview. I watched it three times. It's amazing how much this gentleman has progressed. I am giving our family the goal of paying our mortgage in 2 1/2 years. We followed the baby steps to get out of debt and all we have is the house. I also 💕 your FIRE 🔥 content. I am hoping to be able to reach it soon but I started a little late. This interview gave me so much hope thank you!!
@MarriageKidsandMoney
Жыл бұрын
It’s not too late! You’ve got this!
@heavymetalmoney
Жыл бұрын
Thank you! It's never too late 💪
@JosephDickson
Жыл бұрын
13:24 the math might not work out. However, fewer monthly expenses and less stress has real value. If someone loses their income they can still relax while looking for the next career opportunity.
@MarriageKidsandMoney
Жыл бұрын
Couldn’t agree more. When your expenses are lower, you have more options.
@nettoyageadriance
Ай бұрын
Love it! Similar experiences
@firestatus3174
Жыл бұрын
seems like a genuinely nice guy! happy for him. Thanks for sharing!
@MarriageKidsandMoney
Жыл бұрын
Completely agree!
@spoonman4024
Жыл бұрын
While I applaud the first move, I have to disagree with the quick retreat back into owning multiple mortgages (because the properties aren't fully yours yet). Snowballing what was your mortagage along with what you were putting against your home would have gotten you to the same place you'll likely be in a few years but with less risk. I've run the numbers both ways for us, and while I understand the Bigger Pockets method, I disagree with the premise. To each their own. Best of luck!
@rosebush7000
3 ай бұрын
Exactly. Paid one owes on 10! 😳😳
@bygone8676
Жыл бұрын
Unfortunately not much to take from this video. How to pay off your house. Step 1: make normal payments Step 2: inherent enough to pay it...
@MarriageKidsandMoney
Жыл бұрын
That's a bummer you feel that way. My goal is to provide motivation for people on their financial journeys by sharing real stories of people who have done incredible things. Going from $0 to a millionaire in a short period of time is amazing to me. I hope there are some other lessons about investing, honoring your family's legacy and creating freedom for yourself that you can take away from this video.
@batman9512
Жыл бұрын
Yeah, I commend him for being responsible with his inheritance, but it was a bit of a letdown.
@niccrock12
Жыл бұрын
The lesson is inspirational. The take away, by the way, is that all this begins with pen to paper budgeting and being intentional with your money. Then things will begin falling into place.
@dailytheology1689
11 ай бұрын
His house/school taxes and insurance are likely more than most people's house payments, $468k prop value... Paying off the house is great and 100% needed but the payments never end.
@alexpietsch7997
7 ай бұрын
Still a reduction in the most expensive line item to 30% of what it used to be.
@trevoragnew
28 күн бұрын
for a young 20-30 year old person in Canada homes START atleast 600,000. For a shack. If you’re single and have no responsibilities. Anything else, 1 million starting plus.
@tesoro2250
3 ай бұрын
I think it's great he got the home paid off. He paid down 45k in 3 years which is great. Realistically it would have taken 10 years or so to pay his house off without selling a home to do it.
@MarriageKidsandMoney
3 ай бұрын
We're so glad Chris shared his story with us. Motivating!
@YoutubeFabLifeOfJan1
Жыл бұрын
Great interview. Inspirational!
@heavymetalmoney
Жыл бұрын
Thank you! Andy does great interviews 😀
@MarriageKidsandMoney
Жыл бұрын
Chris has an incredible story to share!
@susang9090
Жыл бұрын
Great interview.
@heavymetalmoney
Жыл бұрын
Thanks!
@MarriageKidsandMoney
Жыл бұрын
We appreciate it!
@judyjohnson9207
2 ай бұрын
So the lesson here is: Married for multiple years: owns ~1/2 properties Divorce for a few years later: owns 10 properties Got it!
@judyjohnson9207
2 ай бұрын
ummm... call me shallow, but VERY curious to know how the ex feels about him, now that he has TEN properties.
@eBuddy1999
Жыл бұрын
After paying off your mortgage, invest in index ETF to retire early, like my wife & I did.
@MarriageKidsandMoney
Жыл бұрын
It works!
@buddy6910
6 ай бұрын
How much do you invest into it , I am in the mortgage free boat ! But scared to invest
@MechE11B
Жыл бұрын
Interest rates where they are now though... Oof. Perfect time to have started this process was several years ago.
@MarriageKidsandMoney
Жыл бұрын
The benefits of a mortgage free life have more to do with peace of mind, lifestyle changes and more time relaxing (less time working). It’s definitely difficult to quantify or “put a number to it”. But the mathematical benefits will start to become even more apparent for those with mortgages at 6%, 7% or god knows how high soon!
@MechE11B
Жыл бұрын
@@MarriageKidsandMoney agreed I appreciate your content. You keep me motivated.
@niccrock12
Жыл бұрын
His spouse who left…. I wonder how that person feels that now he has not 1, not 6… but TEN properties!
@rosebush7000
3 ай бұрын
She feels happy. Gold on a pig as they say makes no difference if you really think about it. Everything is NOT about cash - grow up.
@d.baileyspeaks
Жыл бұрын
Check in. My story as well.
@specialorder9379
Ай бұрын
So wait a second… this dude owns 10 rental properties and not a single one is paid off? 🤨
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