I don’t get upset often, and confrontation really isn’t in my nature, but sometimes I just have to speak up when I see something misleading.
I’ve seen numerous different companies advertising systems to help you pay your mortgage sooner, save tens of thousands of dollars in interest, make you sleep better, get better looking, lose weight, run faster, all for the low low price of………..
This really roasts my turkey!
First of all…..their math is either misleading or straight up wrong. And you know what, the majority of the time I believe it isn’t intentional, I believe they just don’t truly understand it. That doesn’t make it ok, but at least that’s not done with malicious intent…...usually.
The second part is what really makes me upset.
Charging people money to learn the “Secrets of the System”.
I hate to tell ya…….there is no secret.
There is no magic formula for paying off your mortgage sooner. There’s no magic pill, and certainly no magic beans.
Don’t get suckered in.
On today’s episode of the “Investment Property Income” podcast Geoff and I get into a, shall we say…..spirited conversation, about early mortgage repayment, and how the math really works. You’re not gonna want to miss this one.
www.guidetothegrind.com
