How We Paid Off Our $160,000 Mortgage in our 30’s – with David Venis

On our Mortgage Freedom series today we’re going to interview someone who paid off their mortgage at 32 years old. And now he and his wife have a lot more money to enjoy.

David Venis and his wife Stephanie live in East Central, Illinois, with their awesome pup named Abby.

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7 Reasons Not to Buy a Home (When You’re In Debt and Have No Savings)

Our second question of the month comes in from Anonymous from our Thriving Families Facebook Community:


Hey Andy,

Should we wait until we’re debt-free in order to buy our first home knowing that we’ll be renting for at least the next two years? 

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With My High Income, Why Can’t I Get Ahead?

From time to time, I receive questions from the Marriage, Kids and Money audience. I thought this week I’d shake up the show format a little bit by answering one of the questions I received recently about controlling expenses when we have a high income. Enjoy!


Dear Andy,

I saw Dave Ramsey live a couple of years ago and it resonated with me. I began promptly to hack away at my debt and contribute 15% to my 401k. I  gross $8,000 a month before all the fun stuff comes out, including insurance, etc.

  • $500 goes into a high yield savings (Currently, there is about $6,500 in that).
  • $1425 is currently my mortgage payment.  Then we have all the normal bills, etc.
  • The summer was a bit brutal on my budget as I spent $750 in 6 weeks on summer day care, plus $1,000 on a broken AC.

So given all that … My question is “How can I get ahead?” Maybe I just need patience?  

We’re planning on moving soon and I am already doing research on how I can find a safe place in a good school district. But I don’t want that to drive us further into the monthly mortgage hole.

Anyway, I hope I do not sound overly neurotic but I would love your input. 

Kind Regards,

Tina

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If I Could Do It Again – 9 Pieces of Financial Advice For Me in My 20’s

The other day I was emailing with Heath, a listener of the podcast. Heath commented that my show has a family-focused tone to it, but it can really be enjoyed by single guys (like Heath) who don’t quite yet have a family as well. The compliment was extremely appreciated – thank you Heath – and it got me thinking. What advice would I have for myself 10 or so years ago before I met Nicole before I had kids and before I knew anything about money?

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