Recasting vs. Refinancing: Which Mortgage Option is Better?
Description
There are benefits to both recasting and refinancing a mortgage. Like all things in personal finance, the best option depends on your personal situation. To help you get a better handle on recasting vs. refinancing, listen up!
Second, we’re back with our Mortgage Free Family segment. This month, we're featuring Ken and Mary Okoroafor from The Humble Penny. Ken and Mary recently became mortgage free in London! They are going to share how they did it and what this means for their generational wealth plans going forward.
Last, we're sharing the Good Word once again. My son Calvin and I are having a conversation about ... if someone steals something can they be forgiven if they return it?
EPISODE RESOURCES:
- Sponsors + Partners + Deals
- Trust & Will: https://www.trustandwill.com/mkm (sponsor)
- Financial Joy (book): https://amzn.to/3ZJm8nK (affiliate)
- The Humble Penny: https://thehumblepenny.com/
- Good Word Story (Good News Movement): https://www.instagram.com/p/C_EJhO7OOeb/
MKM RESOURCES:
MKM Coaching: Want 1-on-1 support with your family finance journey? Book a time with me today.
Make My Kid a Millionaire Course: Want to build generational wealth and happiness for your kid? Learn more about my course!
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SHOW INFORMATION:
Marriage Kids and Money is dedicated to helping young families build wealth and happiness. This award-winning platform helps couples and parents achieve financial independence and discover the true meaning of wealth.
To achieve these big goals, we answer questions and interview experts who uncover smart net worth building habits and tools that can help everyone find their own version of financial independence.
Learn more at https://www.marriagekidsandmoney.com
HOST BIO:
Andy Hill, AFC® is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.
Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of downloads and views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.
When he's not "talking money", Andy enjoys being a soccer Dad, singing karaoke with his wife and relaxing in his hammock.
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CREDITS:
- Podcast Artwork: Liz Theresa
- Editor: Podcast Doctors
- Podcast Support: Nev Maraj
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