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Money Plan SOS

The no-debt approach to living a full life in a country addicted to credit cards, car loans, and an unrealized bondage to “building a good credit score”.

This show will make you think differently about the way we handle money - while also encouraging you to save and spend wisely.

This feed offers the 200 public releases of the Money Plan SOS podcast, plus bonus recordings never heard before on Apple Podcasts, Spotify or Google.

Enjoy! And pay attention - not interest!

The Money Plan SOS podcast was retired in December 2015, the month Steve and his wife paid off their mortgage!

  1. All Episodes
  2. Top 5 Ways To Pay Off Your Mortgage Early

Top 5 Ways To Pay Off Your Mortgage Early

Apr 1, 2014

April Fools Day Podcast

HAPPY APRIL FOOLS DAY! I'm not here in this episode - I've commandeered three other shows that are not my own.

Here's where I am today:

  • Starve The Doubts where I turn the tables on Jared Easley and interview him on his own show!
  • On the Cash Car Convert (usually by James Kinson) I talk about getting out of the car payment business.
  • While Joe is in taking over my show I am also taking over the Stacking Benjamins show. 

You can click on any of the links above for their (or should I say “my”) shows.

If you would like to read the backstory of why I took over 3 shows in one day and why I'd NEVER do it again, read this.

 

Never has the show brought on more guests, more topics, and more laughs in the show. There were so many people on this show that there wasn't enough room for Steve.

What you will get from this show

And finally, a classic Top 5 list.

Top 5 ways to pay off your mortgage early

OG's Top 5:

5) Don't take out a mortgage so big to begin with

4) Refinance to a lower interest rate

3) Round up your monthly payments

2) Make a 13th payment every year (extra payment)

1) Sliced fruit (just kidding). It's "Get a 15 year mortgage"

Average Joe's Top 5:

5) Shorten the term of your mortgage

4) Use your tax refund to pay down your mortgage

3) Round up your monthly payments, don't round down

2) Switch to bi-weekly payments

1) Place your extra money in an S&P 500 mutual fund, then apply it when the mortgage reaches the amount invested

Cast members for Episode 150:

Special thanks to the following cast members who made this April Fools Day podcast hilarious (in order of appearance):

Disclaimer

Steve Stewart does not agree with the Roundtable's advice of opening up a credit card for free airline tickets - regardless of paying them off every month or not. These "free" tickets or cash-back rewards are being paid for by the credit card company who in turn gets the money from those who do not pay off their balances, do not make their payments on time, or are over their limits. Be responsible for yourself AND your Brothers.

 

For more information, visit the show notes at https://moneyplansos.com/top-5-ways-to-pay-off-your-mortgage-early/