Adkins Setup01-10: One Dollar Can Do Two Jobs
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Myth-Busting (Setup 01) #10: One Dollar Can Do Two Jobs
[Hook]
One of the most common pieces of financial advice you'll hear is...
"Throw every extra dollar at your mortgage."
Can I challenge that for a second?
[Explain]
First of all...
There's nothing wrong with paying down your mortgage.
In fact, I love helping clients become mortgage-free sooner.
But here's the question I always ask:
Could that same dollar do more than one job?
When you make an extra mortgage payment, you're earning a return equal
to your mortgage rate.
That's a solid return.
But that dollar has now done its job.
[Illustrate]
What if...
Instead of only paying down debt...
...that same dollar could also help build your investment portfolio...
create tax deductions...
and still help you become mortgage-free sooner?
That's exactly what the right mortgage structure can do.
[Teach]
I've always believed every dollar should have more than one purpose.
Your mortgage payment shouldn't just reduce debt.
It should help build your future wealth too.
That's why I spend far more time talking about mortgage structure than
mortgage rates.
Because one dollar doing two jobs will almost always outperform one dollar
doing one.
Comment WEALTH and I'll show you how it works.
Or, simpler: "Follow me for more like this."