105: Managing Mortgage Debt

This is part of the Destroy Your Debt course.

Destroy Your Debt

Getting a mortgage is probably the biggest financial decision you’ll make and it will put you in a massive amount of debt. That’s fine as long as you handle it properly.

Here we’ll discuss mortgages so you know exactly what you’re getting into and what decisions make the most sense for you and your family.

It’s one thing to buy the castle on a hill and it’s another to not constantly live with a crushing amount of stress and anxiety.

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Lesson 1: What Is a Mortgage? Knowing This Could Save You Thousands

Mortgages are one of the most common tools people use to purchase a home. It’s an emotional investment; where you live, where your kids go to school, how much you can spend each month, are all tied to your mortgage. A typical mortgage contains hundreds of pages of legal jargon. When you mix money, emotions, and stacks of paperwork, it's crucial you know the basics.


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