@erodz2943

I had 3 months of emergency funds saved up. 2(single at the time) 2 yrs later I was diagnosed with cancer. I still had my job. The following year. As I was going back to the hospital and drs to check for any cancer cells. New management came in. I was let go. It wasn’t until 2 months I was cleared. Luckily I did find a job. But I decided to have a year of emergency funds. I’ve been told I’m losing in investments. But nothing gives me more peace knowing I have that money saved up. In case the cancer comes back

@iaindennis3321

I’ve made lots of financial mistakes in my life - but paying off a 25 year mortgage in 15 years is something I’m eternally grateful for.

@57_Triumph

I agree with Dave and John here.

My wife and I were slowly making mortgage payments on time and I was making a great salary in a high pressure, high stress job.  We paid off all non-house debt and then saved aggressively.

At some point, we found and started listening to Ramsey, and some point after that we focused on paying off the mortgage.

Once you are free from paying someone else each month so you can have a place to live, you see every life issue differently.

I retired early, we sold our old home and used the $ to buy a new home in a 55+ community.  No debt.  No mortgage.  No stress of any kind.

@kenastl

When paying extra, make sure you tell them to apply the extra to principal or they just push out when the next payment is due.

@firststar2

The part about not dealing with a toxic workplace because you are okay financially really hit me. They are absolutely correct

@JohnGrayFinance

Her wheezing laugh when Dave  said “what does he think is going to happen, Armageddon?” got me 😂

@daltonowen4907

Dave truly wants you to win with money! Great guy

@southernshooter

So true. The feeling I have had since my house was paid off. You look at your house in a different way. Same with your cars in a lesser way.

@genglandoh

Dave is absolutely correct.
Paying off you home gives you a great feeling of freedom.

@AbbyMom100

I absolutely can't wait.  My family is about to make a move that allows us to be mortgage free which is our only current debt.  Really looking forward to that...sleeping in a different home, but a paid for home.

@indiawashington-charles9739

I love her questions.  Its exactly what I been discussing with my spouse ❤

@Trev_Swen

2:26 😂

"HOW MUCH DO YOU OWE ON YOUR HOME!? "

@timelbrecht9562

The other point is when your house is paid for you can shrink your emergency fund by what the payment was x how many month emergency fund you decided  on.  Then you can invest that extra money.

@andipeters743

Wise words. Longevity study vs. domestic debt now please, you are the best folks to do it.

@chaselesser3191

I think an emergency that massive is usually covered by insurance. They need to pay a few more dollars in premiums insurance if they fear that.

@crazytrashman123

“How much do you owe on your home?”
“Well… uh… geez.. I… uh, well I’m just grateful to God… We lived in a 1000 sq ft home”😂

Answer the question!

@mikekeenanphd

"100 percent of foreclosures happen on a house with a mortgage." Don't think that is true. You can also have a tax lien foreclosure. Or even an HOA fee foreclosure. My property taxes are over 2% per year and I never really feel like I own my house -- even without a mortgage.

@kyleousley6624

My wife and I are fortunate. At 4:15 you described us exactly, we’re 31 and have a good income. The retirement is half company stock because we’re employee owned, but that description made me smile because the values were spot on.

@tylergood1223

I would love to see when the data comes out on the health implications of being in debit!

@RebeccaTruluck

Since the mortgage is most people's single largest expense, it frees up a ton of money once it's paid off.