Why You Don’t Want To Pay Down Your Mortgage As Fast As You Can

The hosts address this common idea or “teaching” that many people have been taught to believe: you should pay down your mortgage as fast as possible. 

Stick around and you’ll learn how you can best leverage the value of your home so you can build and compound your wealth. 

What you’ll learn: 

• Why paying down your mortgage may not be the best option to build your wealth; 
• What is the difference between good debt and bad debt;
• How can I use the equity in my house to build wealth; and, 
• Understanding your own need for safety.

Resources: 

https://investedteacher.com/episode2 - Show Notes Page

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! - Robert Kiyosaki

You are a Badass at Making Money - Jen Sincero

Think and Grow Rich - Napoleon Hill

Die with Zero - Bill Perkins

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If you listen to podcasts like The Rational Reminder with Ben Felix & Cameron Passmore, The Canadian Investor, The Canadian Real Estate Investor, Build Wealth Canada with Kornel Szrejber, ChooseFI with Jonathan Mendonsa & Brad Barrett, Afford Anything with Paula Pant, The Ramsey Show with Dave Ramsey, BiggerPockets Money, The Money Guy Show with Brian Preston & Bo Hanson, Invest Like the Best with Patrick O’Shaughnessy, Masters in Business with Barry Ritholtz, The Wealthy Barber Podcast with David Chilton, Financial Audit with Caleb Hammer, In the Money with Amber Kanwar, The Loonie Hour with Steve Saretsky, or More Money Podcast with Jessica Moorhouse — we’re confident you’ll enjoy Canadian Wealth Secrets too.

Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.