Investing in real estate can feel intimidating when you’re just getting started. You hear stories of people who’ve amassed their wealth by investing in dozens or hundreds of rental properties. The prospect of owning so many properties can feel more stressful than hopeful.
Our guest today, Doc G, shares why we don’t need countless rentals to feel financially comfortable. As a physician, he’s been able to invest his day job income in just a few rentals that provide his family with consistent cash flow.
What would it feel like to never make a mortgage payment ever again?
For our Mortgage Freedom series, we’re interviewing Colin Murphy who eliminated his mortgage in less than five years. Colin is a father, a husband, and a Chicago native. He’s going to let us peek inside and see how he made this monumental feat happen.
For the young couples and parents that are reading this, I think it’s safe to say that a whole bunch of you are looking for a little more freedom and fun in your lives. And I truly believe that when you become debt free, you will experience that freedom. You’ll also experience a reduction of stress like you never have before.
I know that me just spouting off words and phrases like “debt freedom” or “stress reduction” may not motivate you to jump out of you seat and start crushing debt. But perhaps if we get a little more specific together, it may just do the trick.
Here are 7 dreams that can come true when you’re debt free:
For our “Big Give” segment this month, we are featuring Together We Rise, a nonprofit organization dedicated to transforming the way youth navigate through the foster care system in America. I’ve invited the Donor Relations Manager, Steven Macias, to tell us more about the organization.
We’re also going to discuss the state of foster care in our country.
Our second question of the month comes in from Amanda from Cleveland!
Hi! I had a question about credit cards and travel rewards.
My husband and I have no credit cards and we’ve paid off all of our debt except our mortgage. We’re looking to go to Hawaii for our 10-year anniversary and didn’t know if there was a credit card that we should sign up for to help us redeem more travel rewards.
We’re also not sure if getting a credit card is a good thing to do since we haven’t had them for a while.
Should we get a new credit card for the rewards or just pay with cash?