Business
In this episode James and Scott discuss whether or not you should apply extra cash to paying down the mortgage. Questions discussed: What should I do with extra cash? Should I apply extra cash to my mortgage or should I invest the cash? Is paying down the principal of my mortgage the most wise use of extra cash? How does paying down my mortgage impact my overall financial situation? Planning Points Discussed Tax Planning Retirement Planning Real Estate Aligning Your Investments with Financial Goals Timestamps: 2:30 - Listener Question 4:12 - Pay Down Mortgage or Invest? 6:21 - When Should I Refinance? 8:30 - Backdoor Roth Contributions 12:20 - How To Maximize 401(k)s 15:50 - Aligning Your Money With Your Life LET'S CONNECT! James Facebook LinkedIn Website Scott Facebook Twitter Website ENJOY THE SHOW? Don’t miss an episode, subscribe via iTunes, Stitcher, Spotify, or Google Play. Leave us a review on iTunes. Have a money question you want us to answer? Submit one here