"I Regret Paying Down Debt" – When Paying Off Debt Is The Wrong Decision ⎜ Ep. 1376
"I Regret Paying Down Debt" – When Paying Off Debt Is The Wrong Decision ⎜ Ep. 1376

"I Regret Paying Down Debt" – When Paying Off Debt Is The Wrong Decision ⎜ Ep. 1376

KIDI

38 min
Business & Finance
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Description

<p>In this episode, we share a case study of a listener of the show who regrets paying down debt. </p> <p><br></p> <p>We share how they sold a property and paid down their personal mortgage. This investor wanted to re-borrow against his home to purchase an investment property. </p> <p><br></p> <p>But he decided to wait because it wasn&#39;t the right time to buy. When the investor was ready to grow his investment portfolio, his house value had dropped. </p> <p><br></p> <p>That meant he couldn&#39;t get the money from the bank for the deposit. Ultimately he found himself saying, &quot;I wish I hadn&#39;t paid down debt.&quot;</p>

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"I Regret Paying Down Debt" – When Paying Off Debt Is The Wrong Decision ⎜ Ep. 1376 - Listen Free | WowFM