Rob issues a warning in this episode and talks about why paying off your mortgage might not be the smart financial decision you think it is. 

KEY TAKEAWAYS
If you are under an old mortgage deal, paying under 3% interest then your mortgage is less than inflation and it would cost you more to pay it off.
Inflation is reducing your mortgage and debt more than you realise.
You need to think about what else you could use with the cash other than paying off your mortgage. An investment that beats your current mortgage rate should be simple to find.
Rates have gone up but they are still under the long-term average. 

BEST MOMENTS

“Inflation is probably a quicker pay off of your mortgage than your repayment mortgage”

“In an ideal world what you want is the government paying off your mortgage for you”

“Deals are flowing right now”

“That income from that asset could pay off your mortgage for you” 

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter  

https://robmoore.com/podbooks

rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979



See omnystudio.com/listener for privacy information.

Rob issues a warning in this episode and talks about why paying off your mortgage might not be the smart financial decision you think it is. 
KEY TAKEAWAYS
<ul>
<li>If you are under an old mortgage deal, paying under 3% interest then your mortgage is less than inflation and it would cost you more to pay it off.</li>
<li>Inflation is reducing your mortgage and debt more than you realise.</li>
<li>You need to think about what else you could use with the cash other than paying off your mortgage. An investment that beats your current mortgage rate should be simple to find.</li>
<li>Rates have gone up but they are still under the long-term average. </li>
</ul>
BEST MOMENTS
“Inflation is probably a quicker pay off of your mortgage than your repayment mortgage”
“In an ideal world what you want is the government paying off your mortgage for you”
“Deals are flowing right now”
“That income from that asset could pay off your mortgage for you” 
VALUABLE RESOURCES
<a href="https://robmoore.com/">https://robmoore.com/</a>
bit.ly/Robsupporter  
<a href="https://robmoore.com/podbooks">https://robmoore.com/podbooks</a>
<a href="https://robmooreteam.spiffy.co/checkout/robteam-of/">rob.team</a>
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: <a href="https://robmoore.com/">https://robmoore.com/</a> 
Facebook: <a href="https://www.facebook.com/robmooreprogressive/?ref=br_rs">https://www.facebook.com/robmooreprogressive/?ref=br_rs</a>
LinkedIn: <a href="https://uk.linkedin.com/in/robmoore1979">https://uk.linkedin.com/in/robmoore1979</a>
 
See omnystudio.com/listener for privacy information.

The Money podcast, by best-selling author of “Money”, Rob Moore, will dive into how to make, manage and master money. How to know more, make more and give more. How to save, invest and raise money. The story, history and psychology of money. The good, bad and naughty of money. Rob will use his experience of going from debt at 26, to becoming a millionaire by 31. Rob will call upon his contacts and interview millionaires, billionaires, economists and money masters from all walks of life. Rob will draw all his experience from starting from nothing, and building the huge podcast the “Disruptive Entrepreneur”, with his on the ground, real business experience. The Money podcast is for anyone who wants to make more money in a job, profession or passion, for money masters and money disasters. They say money doesn’t make you happy, Rob says “It does!”.

The Money podcast, by best-selling author of “Money”, Rob Moore, will dive into how to make, manage and master money.

Advertisement