Suzy Orman | Pay Mortgage Off Early | Manage Your Money with MMA & U First

by Dave on December 14, 2009

www.WorldWideWeller.com How Do You Manage Your Finances? There’s a better way! Becoming and Staying Debt Free is the only way to Create Wealth Introducing the Money Merge Account system, a powerful tool to help you fulfill your dream of home ownership and save money for your future. The average Money Merge Account customer will pay their mortgage off 100%, in as little as 1/2 to 1/3 the time, with little to no change to their day-to-day spending habits and without increasing their monthly …

{ 13 comments… read them below or add one }

Anonymous 12.14.09 at 8:49 pm

did she say, “we’re getting the honest poop?”

Anonymous 12.14.09 at 8:49 pm

you need to sit down with financial advisor not a tv personality/autor.
in that video she contradicted herself so many times. you want a 15year mortgage?? there are ways of doing this without having to give your money away to the banks. have the money available to you if something happen during those 15 years and if after those 15 years you still want to pay off your mortgage you have the money available… and you didn’t loose anything in term of interest paid…. and you gain in tax write off

Anonymous 12.14.09 at 8:49 pm

No matter what “your” calculator says, there are some simple facts you cannot escape with a mortgage.
- While your living in it, you owe money to the bank
- Whilst you delay in paying it off, you simply need to pay more in the end due to interest
- When you clear the mortage, your financially free (minus bills of course), how much is that worth?

If you have some better suggestions, lets hear them?

Anonymous 12.14.09 at 8:49 pm

If your rate is fixed below 6% this is Terrible advice….. You cant make a blanket statement to payoff your mortgage and this Suzy woman should know that…. What kind of crap adviser is she????

Anonymous 12.14.09 at 8:49 pm

Maybe the banks pay people to say, “Don’t pay off your mortgage quickly!”

Anonymous 12.14.09 at 8:49 pm

There are a financial instrument that would allow you to:
-protect your morgage fromday 1 if die
-invest on the market with tax deferral on gains
pay off your mortgage 5-10 years earlier with income tax money
if you get disabled the plan completes itself
money is protected from creditors and court judgments
yes it has expenses, some of them you get back, yes it has risk (every single place you put your money is at risk)
But wait… Suzi hates this type of instrument so…never mind!!!

Anonymous 12.14.09 at 8:49 pm

I could not agree more with Suze here. Our mortgage debt is incredibly expensive and paying it off should be a priority.

Anonymous 12.14.09 at 8:49 pm

Can anyone telll me who is this presenter? She looks absolutely fabulous.

Anonymous 12.14.09 at 8:49 pm

Suze is dead on here.

Anonymous 12.14.09 at 8:49 pm

They may call it a “mortgage”, but it is a debt on which interest is charged, and, like any other debt, it is to your advantage to settle it as quickly as possible. This lady speaks the truth. Bankers speak with forked tongue.

Anonymous 12.14.09 at 8:49 pm

I could learn a thing or two from you, although i am not sure how much different the mortgage system is here (Australia) as opposed to the US.

Anonymous 12.14.09 at 8:49 pm

Susie is so right here, God I love her! I am head of household with a disabled adult dependent, so I get EIC (Earned Income Credit). I was unaware of it, so I refiled three years back as well, and received four IRS refund checks totalling almost 10,000 dollars. I PAID OFF THE MORTGAGE with those checks . It is the best thing I have ever done financially in my life (besides refinancing a 30 year to the 15 year mortgage ). The freedom of no payments , an actual deed, & EXTRA MONEY is wonderful !

Anonymous 12.14.09 at 8:49 pm

Susie I love you, and I agree with much of your stuff, but here I dont.

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