This is not a treatise against Dave Ramsey personally. He has helped countless people figure out their financial and life situations. He even provides some sound financial advice. Despite many reviews on the Internet about Dave Ramsey and the Ramsey machine, this is not a blog railing against him. This blog is actually my take on Ramsey’s ideology and how it aligns with mine along with key elements about which I disagree.
Let’s talk about a Professional Mortgage Loan. These loans allow those with high earning incomes to secure financing for homes with fewer restrictions than those imposed by conventional loans. They are designed for high wage earners such as doctors, certified public accountants, lawyers, pharmacists, and other high-income-potential professionals.
When it comes to debt, especially paying off a home mortgage, there are several schools of thought. Interestingly, because there is controversy which often happens when talking about money, people can sometimes become defensive. This has been, to date, the most controversial topic I have discussed. Quite simply, debt – not getting into it –Continue reading “Why We Paid Off Our Mortgage Early, and Why it Might be Right for You”
There is not one definitive reason why I decided to pay off our mortgage early. I am a double major in accounting and finance and a CPA with several years of experience working for one of the largest four accounting firms in the world, so I knew the math was NOT in my favor.Continue reading “I Lost $42,000 Dollars By Making This Financial Decision and I Would Do It Again Tomorrow!”