This is a YouTube video titled "You'll Never Regret Paying Off Your Mortgage" containing a personal reflection by Dara Ladjevardian recorded in April 2024. The content discusses the benefits and emotional security of being mortgage-free, emphasizing the value of debt freedom and financial simplicity.
I'll tell you what, we paid off our mortgage in 2017. I think in seven years, mortgage free. We do not miss it. We have had no urges to go out and borrow money on this house to get another mortgage. Even when we could have gotten it at 2.25%, we did not go out and borrow on the house. We like being debt free. It's got a lot of nice, you know, call them emotional benefits, if you will. But the only way someone's going to get our house if we don't pay property taxes, and that's going to take several years of not paying property taxes to lose it for that purpose. So I like the security, I like the simplicity. Lots of things to like about it.
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