mortgage pay off

Should I Pay Off a Small Mortgage?

With just a little bit of principal left on the mortgage, is it okay to pay it off in one fell swoop?

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Use Investments To Pay Off Mortgage?

With retirement about five-years off, should I pull $300k out of my investments to pay off our remaining mortgage debt?

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Does It Make Sense to Pay Off the Mortgage?

While it's usually a straightforward scenario, not every mortgage pay off question is the same, and this latest conversation is certainly a unique situation.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Pay Off Mortgage?

Ah yes, the very common question of whether or not it makes sense to pay off the mortgage with some saved up cash, or instead invest that cash??

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Should We Pay Off the Mortgage?

Should we pay off the mortgage? Such a common question, especially from those who are preparing for retirement. Sometimes it makes sense, other times not so much. Greg from Colorado is the latest to be considering such a move.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Universal Basic Income, Capital Gains and Mortgage Payoff

PS reminder: If you enjoy the radio show, please subscribe to our podcast, Better Off. It's very similar to the radio show and you'll hear more money calls with our awesome listeners. https://itunes.apple.com/us/podcast/better-off-jill-schlesinger/id431167790?mt=2 Also subscribe to our newsletter! https://www.jillonmoney.com/newletter/ We started the show this week with Pat in Des Moines.

PS reminder: If you enjoy the radio show, please subscribe to our podcast, Better Off.  It's very similar to the radio show and you'll hear more money calls with our awesome listeners.

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We started the show this week with Pat in Des Moines. Pat and her husband, like many others out there, are wondering if there's a way to lower their taxes.  And should they pay off their mortgage early? 

Next up was Laura from Connecticut who is struggling with capital gains.  One of those problems that we like to consider a good one to have! 

We rounded out hour one with emails.  We have tons more so we may need to do a couple shows where we just answer emails.  

Despite the fact that we are nearing the ninth year of a global economic recovery, poverty remains a problem.  

In the United States alone, recent numbers from the Census Bureau show the rate to be just under 13% with more than 40 million people considered to be living in poverty.

Globally, more than 1.3 billion live in extreme poverty, meaning they subsist on less than $1.25 a day.

While there are no easy fixes, there are a few ideas that have been tossed around. Some that have been tried and proven, at least on a small scale, like the concept of Universal Basic Income (UBI), something that has very much interested me over the last couple years, as well as our guest this week in hour two, author, historian and TED speaker Rutger Bregman

The basic concept revolves around the idea of all citizens of a country receiving a regular, livable and unconditional sum of money, from the government. You may think that this is a dressed up welfare program that will only encourage people not to work.  

On the contrary, dozens of successful basic income experiments around the globe have proven that the vast majority of us actually want to do something with our lives -- we just need the means to get on our feet.

Check your negative knee-jerk reaction at the door and open yourself up to at least learning about UBI, which can be an investment that pays for itself.  

After all, poverty in its current state is incredibly expensive and ineffective.  

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Radio Show #141: Ode to Big Al

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This was my first show back since my father (aka "Big Al" or "Albie") passed away. Dad loved the show-he thought it was so cool that you  shared your financial concerns and questions with me, and that I was able to help you out in any way that I could. If you missed the Father's Day show with Big Al, check it out here. And this is my syndicated Tribune column that I wrote for Father's Day.

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We started the show with a great call from Jo in Atlanta, who wanted a solution to her rebalancing needs. Beth from NY recently lost her father and asked about how to invest proceeds of insurance for her mom.

Ed weighed in with a question about Required Minimum Distributions (RMD) and Karl is wondering whether or not to grab an early retirement offer from the USPS.

Two listeners are at opposite places: Patrick wants to know how to jump into the stock market and Andrew is worried about how to get out!

Thanks to everyone who participated and to Mark, the BEST producer in the world. If you have a financial question, there are lots of ways to contact us:

  • Call 855-411-JILL and we'll schedule time to get you on the show LIVE 

Radio Show #140: Living with Parents to Save Money

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Sometimes circumstances may force kids back to the nest, but in other cases, it's a wonderful tradition that can help the younger generation save money early in their lives.

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  • Download this week's show (MP3)

Thanks to everyone who participated and to Mark, the BEST producer in the world. If you have a financial question, there are lots of ways to contact us:

  • Call 855-411-JILL and we'll schedule time to get you on the show LIVE