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Podcast: Marriage Kids and Money: Personal Finance for Families
Episode: Keep the Mortgage for the Tax Deduction? + Mortgage Free Family (Jon Banker)
Description: Does it make sense to pay off your mortgage if you lose the mortgage interest tax deduction?This is a common question people struggle with who are considering paying off their mortgage. Let's explore if keeping your mortgage for the tax savings makes sense.Also, we hear from Jon Banker from Colorado who recently paid off his mortgage early. We discuss why he did this even with a mortgage at 3% interest. Last, but not least, my son Calvin joins me for a new segment called "The Good Word". RESOURCES**Sp...