Episode 57: Paying off Your Mortgage in 2 Years on One Income with Kim Anderson

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Work Your Wealth
Work Your Wealth
Episode 57: Paying off Your Mortgage in 2 Years on One Income with Kim Anderson
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CAN I TACKLE MY MORTGAGE ON MY SCHEDULE?

This week I sat down with author and thrifty lifestyle blogger, Kim Anderson.

Kim Anderson is the author of Live, Save, Spend, Repeat: The Life You Want with the Money You Have. She’s also a thrifty lifestyle blogger, podcaster and Blogging Coach. She lives in North Carolina with her Youtuber husband, 6 year old son and adorably identical twin baby girls.

HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:

  • How Kim’s parents influenced her and created a domino effect of becoming debt free in her life.
  • How Kim’s family celebrated being mortgage-free.
  • How Kim and her husband made the decision to go from two incomes to one.
  • Where Kim’s entrepreneurial spirit came from.
  • How credit card fraud impacted Kim’s life.
  • Why and how Kim made the transition to a cash based life.
  • The little things Kim did (and you can do too) to pay off your mortgage sooner.
  • How a little bit of money can make a big impact on your debt.
  • The importance of understanding the true amount that you’ll pay for a home (or any debt).
  • What changed for Kim and her husband once the mortgage was paid off.
  • How turning your finances into a game can encourage your progress.
  • What amortization is and how to use it in your situation.
  • Why teamwork is imperative when paying off a large debt.
  • How Kim still budgeted for items that brought happiness even while paying down debt.
  • What to know and consider around your budget before purchasing a home.

LINKS WE MENTIONED ON THE SHOW:

GET SOCIAL WITH KIM AND LET HER KNOW YOU HEARD ABOUT HER HERE!

ENJOY THE SHOW?

Mary Beth Storjohann, CFP® is an author, speaker, and financial coach who takes a fun, no-nonsense approach in working with individuals and couples across the country, helping them make smart choices with their money.

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