Principles of Increase

Financial Wisdom for Financial Freedom

  • Get Out of Debt
    • Accelerate Debt Elimination eCourse
    • Budgeting
    • Debt Pay-Off Strategies
    • Smart Spending
  • Build Wealth
    • Financial Freedom Planning
    • Investing
  • Make Extra Money
    • Start a Blog
    • Freelance Writing
    • Side Hustling
    • Money Making for Moms
    • Making Money Online
  • Blogging & Business
    • Top Blogging & Branding Resources
    • Blogging Tools
    • Business Tools
  • Lifestyle & Family
    • Around the House
    • Home Schooling
    • Kids & Money
    • Travel
  • Podcast
  • Income Reports

How We Paid our Mortgage off in 5 Years

October 12, 2018 By Aja McClanahan 1 Comment

Disclosure: this post may contain affiliate links. I may receive commissions for purchases made through links in this post.

If you want to know how to pay off a mortgage in five years, this couple has great tips (watch the video interview above.) It seems like an impossible feat, but the proved that it’s something that can be done with budgeting, sacrifice, side-hustling, and faith.

Tai and Talaat McNeeley of His and Her Money are rockstars when it comes to the personal finance space. They are award-winning bloggers, YouTubers, and podcasters that help people realize their full potential in life through money, marriage, and everything in-between.

Related reading: 17 People that Blogged Themselves out of Debt

This summer, they announced to the world that they had paid off their mortgage early — after just 5 years of purchasing their home. They had a 30-year mortgage on the property but decided, pretty quickly they would try to pay it off much sooner.

If you don’t have time to watch the whole interview, check out the notes below:

  • Tai and Talaat decided to pay off their 30-year mortgage in 5 years.
  • At the time of the decision, they had one (teacher’s) salary to work with.
  • In the beginning, they had no idea how they would accomplish this, but they quickly consulted with this mortgage advisor nottingham.
  • They didn’t have much in extra funds to put towards the mortgage to start, so they started with just $20 as an extra payment.
  • The motivation behind this feat was to leave a legacy of generational wealth for their children and beyond.
  • They note that their faith in God was very instrumental in both inspiring the goal and accomplishing it.
  • Now that they don’t have a mortgage, they are looking to invest in real estate, as cash buyers, with their freed up cash.
  • They are now teaching others how to pay their mortgages off early, as well.

Other resources mentioned in the show:

  • Tai & Talaat’s FAMOUS Video Announcement
  • HisandHerMoney.com
  • CrushMyMortgage.com
  • Deuteronomy 6:10-11
  • That time when Tai and Talaat interviewed me on their podcast!

If you are inspired by Tai and Talaat, you should know that they have a course teaching people all the different things they did to pay off their mortgage super early, you can learn more at Metropolitan Mortgage Corporation.

It’s called Crush My Mortgage. (Hint: it’s not just paying extra money on the note, there are other things you can do to accelerate the pay off process!)

Click below to check it out:

CRUSH MY MORTGAGE COURSE

Are you interested in even more debt free tips and tools? Check out this free eBook, Get out of Debt Now:

Get Your Free eBook, Get out of Debt Now

We climbed out of over $120K in debt. Now, I am teaching people like you to do the same. Grab your copy of Get out of Debt Now today!

Success! You'll get your FREEBIE via email shortly!

There was an error submitting your subscription. Please try again.

Your eBook is on the way! Powered by ConvertKit

More from my site

  • What You Should Do If You are Behind on Your BillsWhat You Should Do If You are Behind on Your Bills
  • How My 10 Year Old Daughter Made $1,000 with My iPhoneHow My 10 Year Old Daughter Made $1,000 with My iPhone
  • The Cuba Travel ChecklistThe Cuba Travel Checklist
  • 7 Blog Posts that Convert Web Visitors to Buyers7 Blog Posts that Convert Web Visitors to Buyers
  • How I Saved $20,000 for My Kids’ CollegeHow I Saved $20,000 for My Kids’ College
  • What Financial Health Means to Me #FinHealthMattersWhat Financial Health Means to Me #FinHealthMatters
Aja McClanahan
Aja McClanahan
Aja “A.J.” McClanahan is a writer, speaker and entrepreneur.

Filed Under: Get Out of Debt

« Ways to Earn Extra Money for the Holidays
Meal Prep on a Budget: Cheap Meal Prep Grocery List »

Comments

  1. Toni @ Debt Free Divas says

    October 12, 2018 at 5:35 pm

    Great interview Aja!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Image
Hi! I’m Aja, the founder of Principles of Increase. Our family dumped over $120,000 in debt back in 2013. I got so many questions about it, that I decided to start this site. Here, I talk about taking control of your money and how to live a better life in general. I’m glad you are here! More about me…

Free eBook

Get Out of Debt Now

Get Access to My Latest Audiobook for Free

Get Out of Debt Now
Popular Posts
Investing Apps for Beginners: Start Trading Stocks Today

Investing Apps for Beginners: Start Trading Stocks Today

19 Streams of Income You Can Launch Right Now

19 Streams of Income You Can Launch Right Now

Online Jobs for Moms Who Want Make Money From Home

Online Jobs for Moms Who Want Make Money From Home

Looking for Free Money? Check out Apps that Pay You Real Money to Use Them

Looking for Free Money? Check out Apps that Pay You Real Money to Use Them

What is My Liquid Net Worth and How do I Increase It?

What is My Liquid Net Worth and How do I Increase It?

Disclosure

Disclosure: Principles of Increase contains affiliate links and receives compensation for product reviews. Aja McClanahan is also a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.principlesofincrease.com.This website is for entertainment and informational purposes only. Seek a financial advisor for guidance pertaining to your specific money issues. To access our privacy policy, click here.

Get Updates!

Categories

Social

  • Facebook
  • Instagram
  • Pinterest
  • Twitter
  • YouTube

Privacy policy

Copyright © 2021 · Tasteful theme by Restored 316

Copyright © 2021 · Tasteful On Genesis Framework · WordPress · Log in