It’s everyone's dream to become mortgage free but how do you do it and when is having debt a good idea? Welcoming esteemed long-term money commentator and financial literacy  advocate Nicole Pedersen-McKinnon, Nicole is former editor of AFR’s Smart Investor Magazine  and has recently published her book How to Get Mortgage-Free Like Me which reveals how Australians are shaving years off their loan term and becoming debt free. In this episode Nicole gives the scoop on how she and her clients have become mortgage free, and how everyday Australian’s can also make this dream come true.

Here’s what we covered:
Why do people get confused by what you own versus what you own?
How to borrow safely?
What are some tips on being frugal?
What are the most powerful debt free enablers?
At what age should people aim to become debt free?
Should people put more money in super or paying down home?
Should you pay down your investment properties?
Why should people not be fearful of debt but using it more appropriately?
Are the current sub 2% rates an opportunity or a trap?

RELEVANT EPISODES:Episode 153 | Brendan CoatesEpisode 131 | Jessica FoxEpisode 130 | Glen James

GUEST LINKS:Website - NicolesSmartMoney.com App -  My Mortgage Freedom YouTube -  Nicole's Smart Money Book -  How to Get Mortgage Free Like Me Book discount code 20% off - ELEPHANT

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: hello@wealthful.com.au

Send in your questions to: questions@theelephantintheroom.com.au

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in November, 2020.

It’s everyone's dream to become mortgage free but how do you do it and when is having debt a good idea? Welcoming esteemed long-term money commentator and financial literacy  advocate Nicole Pedersen-McKinnon, Nicole is former editor of AFR’s Smart Investor Magazine  and has recently published her book How to Get Mortgage-Free Like Me which reveals how Australians are shaving years off their loan term and becoming debt free. In this episode Nicole gives the scoop on how she and her clients have become mortgage free, and how everyday Australian’s can also make this dream come true. Here’s what we covered: <ul> <li style="font-weight: 400;">Why do people get confused by what you own versus what you own?</li> <li style="font-weight: 400;">How to borrow safely?</li> <li style="font-weight: 400;">What are some tips on being frugal?</li> <li style="font-weight: 400;">What are the most powerful debt free enablers?</li> <li style="font-weight: 400;">At what age should people aim to become debt free?</li> <li style="font-weight: 400;">Should people put more money in super or paying down home?</li> <li style="font-weight: 400;">Should you pay down your investment properties?</li> <li style="font-weight: 400;">Why should people not be fearful of debt but using it more appropriately?</li> <li style="font-weight: 400;">Are the current sub 2% rates an opportunity or a trap?</li> </ul> RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/153">Episode 153 | Brendan Coates</a> <a href="https://www.theelephantintheroom.com.au/podcasts/131">Episode 131 | Jessica Fox</a> <a href="https://www.theelephantintheroom.com.au/podcasts/130">Episode 130 | Glen James</a> GUEST LINKS:Website - <a href="http://nicolessmartmoney.com">NicolesSmartMoney.com</a> App - <a href="https://apps.apple.com/au/app/my-mortgage-freedom-date/id849504045"> My Mortgage Freedom</a> YouTube - <a href="https://www.youtube.com/channel/UCmeTkWyh6oZJXTPQTI73PvQ"> Nicole's Smart Money</a> Book - <a href="https://www.nicolessmartmoney.com/products/how-to-get-mortgage-free-like-me"> How to Get Mortgage Free Like Me</a> Book discount code 20% off - ELEPHANT HOST LINKS:Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au">www.gooddeeds.com.au</a> Work with Veronica: <a href="https://linktr.ee/veronicamorgan">https://linktr.ee/veronicamorgan</a> Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/">www.wealthful.com.au</a>Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a> Send in your questions to: questions@theelephantintheroom.com.au EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in November, 2020.

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

The Elephant In The Room Property Podcast | Inside Australian Real Estate

Getting mortgage free how can you do it and what should you be doing to get there?

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