2017 Goals: Marathon, Mortgage, Millionaire

2017 is right around the corner!  

I’ve made some exciting and challenging goals for myself for the new year.  Some are short-term and some are long term.  I like to dream big with my goals, but also infuse some reality into the process.

2017 is my “M&M&M” year … Marathon, Mortgage and Millionaire.

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15-Year Mortgage Paid Off in 5 Years

During late 2013 while I was traveling out-of-town for work, my wife Nicole found our “forever house”.

This home had everything she was looking for including an attached garage, open floor plan, updated kitchen, walk-in closet and a big backyard on a half-acre lot. She told me that this was THE ONE and as soon as I got home from out-of-town, I had to see it.

My wife has excellent taste and the majority of the time we are in sync. I wasn’t worried about liking it. I was worried about getting a BIG OLE MORTGAGE to pay for it!

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Make Money on Airbnb – with Victor Mangona

About a month ago, my wife Nicole and I were at a wedding for one of our good friends.  At our table, I struck up a conversation with a random guy named Victor Mangona.  I discovered that Victor and his wife Kate are both doctors and they live in a swanky part of Dallas called Highland Park.  Victor and I got to chatting about their adventures in real estate investing as their new side business.

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5 Reasons to Choose a 15-Year Mortgage

3 years ago, Nicole and I moved into our forever house.  It was love at first sight.

Compared to our previous 1,100 square foot bungalow, this new tri-level home had a bigger yard, an open floor plan and neighbors that became instant friends of ours.

When it came time to choosing the mortgage, we didn’t want our dream home to turn into a nightmare.

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My Credit Card Makes Me Happy

One random day five years ago, I was eating lunch at home and messing around on this new thing called an “iPad”.

Because I’m a money nerd, I went to the iTunes store, searched for personal finance and I found Dave Ramsey’s app.  Before that $5 footlong lunch, I knew nothing about Dave Ramsey.  By the time I finished my meal, I was absolutely hooked on his brand of no-nonsense debt elimination advice.

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4 Newlywed Debt Destruction Tips

In 2010, my wife Nicole and I got married and started our lives together. Financially speaking, we both really enjoyed the DINK (double income with no kids) status in our first year of marriage.  We had a blast going to music festivals, vacationing in the Caribbean and treating ourselves to countless steak dinners.  

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Keep the Mortgage for Tax Savings?

My mother-in-law, my wife Nicole and I were standing in our kitchen the other day catching up on life.  In conversation, Nicole brought up the fact that we’re one year away from paying off our mortgage and we’re excited to see what our life is like when we’re completely debt-free.  Our plans for annual vacations with the kids, starting a business and saving more for retirement all came up.

My mother-in-law was very interested in our decision and asked:

“Don’t you need to keep your mortgage for the tax benefits?”

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