Podcast # 54: Is A Mortgage A Great Way To Forced Savings?

In this episode, we’re going to talk about everything to do with mortgages. I recently closed my new home and wanted to discuss the matter with you about whether mortgages are a great way to force savings.

Mortgages are often viewed as a large liability, but there are several reasons why a mortgage is very beneficial from a savings standpoint. Check out this week’s podcast for more information.

Now let’s look at what we discussed in this episode:

  • The questions the typical doctor asks whether they have enough to retire and live comfortably.
  • How and why a mortgage is a great way to build long-term wealth.
  • How a mortgage affects your wealth.

Here’s a breakdown of how this episode plays out …

[2:20]
The exploratory questions a typical doctor asks himself when in the later years of his career.

[4:25]
Why a mortgage is a great way to build wealth over the long term.

[7:00]
The biggest deduction you can make on your mortgage.

[10:50]
Which allowed me to add a little more liquidity to my savings and investments in my own home.

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