Wednesday, June 10, 2009

Ric Edelman On Not Paying Off Your Mortgage

Financial advisor Ric Edelman studied 5,000 Americans to see how they became wealthy. In his book Ordinary People Extraordinary Wealth, the one secret that surprised him the most was that wealthy people have the money to pay off their home but they choose not to.

Here is a clip from from YouTube where he discusses his finding.



Dave Ramsey and many other money advisors are big on paying off the mortgage. How about you?

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