Is it smarter to pay off your mortgage early or invest that money? Well, the answer isn’t clear cut in the financial education community. Some educators (like Dave Ramsey) would recommend tackling your debt before anything else. Then there are those (like Robert Kiyosaki, author of Rich Dad Poor Dad) who believe debt is actually the path to wealth. Well, at least when it’s used correctly. So which one is it? In today’s video, Matthew Pillmore, president of VIP Financial Education, lays out the two most important factors for deciding which path is best for you. Factor #1: Compare the mortgage rate with the expected rate of return. Put another way, DO THE MATH! Find out which one brings the most benefit to you mathematically. Factor #2: Consider your personal risk tolerance. What would keep you up at night? What would help you to sleep better? Knowing which path would give you peace and which may bring more disturbance into your life is a MAJOR factor when deciding the right option FOR YOU. I used a HELOC to make a 39% ROI in just 6 months: ► https://www.youtube.com/watch?v=zoK7ijWqtuM The 39% ROI Investment: ► https://www.youtube.com/watch?v=JIYZ-w_PPcI Get one-on-one coaching with Matthew Pillmore: ► http://www.FreeCoachingCalendar.com/ Get your FREE Cash Flow Cruncher budgeting spreadsheet here: ► http://www.cashflowcruncher.com/ It's way more than just a budgeting spreadsheet! Manage your finances completely and easily with the Cash Flow Cruncher, our gift to you just for being a viewer of the channel! Getting into Real Estate? Check out the Real Estate Investment Analysis Worksheet, a FREE resource that helps you calculate whether or not a property will be a money-making machine for you! ► http://www.investmentanalysisworksheet.com/ Want more actionable financial tips and tricks like this one? Check out our YouTube channel here null Much like Robert Kiyosaki, VIP is all about utilizing leverage (via Debt Weapons) to increase cash flow through investing in all types of things, from real estate to small businesses. VIP differs in their approach to the follow-through, utilizing some of the things Dave Ramsey teaches - optimizing your cash flow by decreasing expenses - however VIP differs there too. We are all about maintaining the lifestyle design YOU want, all while optimizing your expenses through creative approaches. We're all about the best of both worlds. Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe!! Make sure to check out our social channels for more insight and industry news! Facebook - https://www.facebook.com/VIPFinancialEducation/ Instagram - https://www.instagram.com/vipfinancialed/ Instagram (Lifestyle) - https://www.instagram.com/vipfinancialedlifestyle/ Twitter - https://twitter.com/VIPFinancialEd LinkedIn - https://www.linkedin.com/in/vipfinancialed/ BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/ Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offerings. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content. #debtfree #investing #financialfreedom