Pay Your Mortgage Until You Die

Rob Moore argues that 35-year mortgages are designed to trap borrowers in debt for life, with interest costs reaching three times a property's value. He traces the word mortgage back to mort (death) and gage (pledge), then pitches his Moneymaker Summit as the path to financial freedom through investing and entrepreneurship.
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Pay your mortgage until you die. This is the bank's plan for you. Why? Because they make maximum interest. The bank is not a safe place for you to store your money. The bank is a for-profit corporation and they make money lending you money. The longer you're in debt, the more money they make. And now there are 35-year mortgages, which means people in their 30s now will have mortgages into retirement. And, and that's actually potentially very bad news. So right now you probably need to be in your 30s to be able to afford a house because house prices are in some areas all-time highs, although London has crashed. And of course affordability— wages have gone up nowhere near compared to house prices. So you probably need to be in your 30s or your 80s to be able to afford a house. And so what banks are doing, which they'll make out is very nice and generous and caring for you to look after your money into retirement and help you with your pension and your future— let's give you a 35-year mortgage, therefore the repayments will be less. Well, they'll be more, but the payments will be less, and we love you and we'll look after you. But a 35-year mortgage is a debt trap until death. So you probably know that the word mortgage, mort means death. Gage means pledge. Death pledge. Pledge until death. That's what mortgage means. So now the banks are in and they've got you on a 35-year mortgage. So you start with the mortgage in your 30s and by the time you retire, statistically, you have about 3 years left of life until you die. So they've got you paying a mortgage until you die, which means 2.5 to 3 times the value of your property they'll get in interest. And you won't have any time to enjoy that house that you paid 3 times for with all the interest, 'cause then you'll be dead. And then they'll give a 40% inheritance tax bill on the table to your kids, to the next generation. 'Cause you know with inheritance tax, it's 40% over and above a small threshold. And they put the bill in first. So they don't wait for you to divide up the assets between the family and you keep that and you have that and we'll just sell that. No, there's the bill. Pay us our hundreds of thousands or millions of pounds now. And then the families all fight. They have to sell all the assets cheap and a generation of wealth that's been built up disappears. And this is exactly how the system is designed. So if you do not want to pay your mortgage until you die, if you do not want to be in debt for your whole life, if you do not want to pay 3 times the value of your home for a home, then you need to learn how to invest, learn how to be an entrepreneur, learn how to make, manage, and multiply money, and learn how to beat the system at its own game and win. And all those things and more are taught on my Moneymaker Summit. So I've got an exclusive opportunity for you 'cause I'm actually celebrating. I don't do that very much, but my global bestselling book, Money, it's the 7-year anniversary this week. So I thought, well, I'll double that up and I'll give 15 tickets away from my foundation. I will sponsor you to come to Moneymaker Summit Live. I'll sponsor the entire 3-day event for you. The full ticket price. All you have to do is take care of getting yourself there and back, and I'm going to give back to you. So the Moneymaker Summit, we have a billionaire keynote speaker, a billionaire, and we have 6 multimillionaires teaching you strategies and tactics to build multiple streams of recurring income, to get your tax bill down, to get your earning power up, to start and scale a business, to learn how to invest, to learn how the system works and makes money out of you, and then to teach you how to beat the banks at their own game. So give me a yes if you'd like to get a subsidised ticket by me. Ian has just said yes. Okay, I'll tell you what, I'll give you the quick, the fast action Q-Jump link. So the link is robmoore.live/money. That's robmoore.live/money. There's the link, so go type in right now robmoore.live/money. First 15 of you will actually get a subsidised ticket paid for by the Rob Moore Foundation, so the whole 3-day event will be paid for by me, you just have to get there. Now you'll see on the page— go register real quick, 'cause it's the first 15 who register and then book. But you'll see on the page, for a very small admin upgrade fee, there's VIP and Super VIP tickets. Imagine having dinner in a small group with 6 multi-millionaires. Well, that's part of the highest VIP upgrade. Imagine champagne reception Q&A sessions with a panel of multimillionaires. Imagine money mindset sessions with multimillionaires who started from zero. Well, this is all for a small upgrade at robmoore.live/money. And this is a live event because I believe business is done in the room. I believe you need to look in the whites of the eyes of people if you're going to, you know, do joint ventures and start a business with them. And also, to be honest, sick of Zoom. Now there's a London date coming in a few weeks' time. A few weeks after that, there's a Peterborough, which is just north of London, date. But I'm not sure if we've got many more planned, and I certainly haven't booked 2025, so it's a unique opportunity. I have 3 million people that follow me across my social media and database, and this is actually this week the first time I've offered this on my Facebook Lives. So make sure you go to robmoore.live/money. I'll be there. I'm doing 5 keynote speeches. I'll be there through the whole weekend. I've got the 8 stages of becoming rich, 'cause I've done more than a quarter of a billion in sales. I became a millionaire age 31, deca-millionaire age 35. So I'm laying out the 8 stages of becoming rich. My new formula for wealth, my new formula for riches. How to save tax. Everyone puts their phone on airplane and I lay out how to save millions of pounds in tax or how I've saved millions of pounds in tax. It's all at the Moneymaker Summit Live. Because if you don't take care of your finances, if you don't learn how to invest, if you don't learn how to get your tax bill down, then you will be paying your mortgage until you die and you will be trapped in the system 'Cause the system brings you in with a mortgage. Oh, it's 35 years, therefore the payments are lower. Come to daddy. And then you need to go to them for a car loan, go to them for a conservatory loan, get 5 credit cards with them, and then you're— it's literally like jumping into a lake with a massive weight tied to your ankle. You just drown. You drown in debt for the rest of your life and you're working most of your life for the banks, bearing in mind 70% of what you earn and what you spend is taxed anyway. And then after that, you've got to pay all the interest and the— like, that could be 90 or 95% of what you earn is tax and interest. Major— I was gonna say a scam. Um, it's a clever business model for them, I'll give them that. But, you know, my job is to help as many people on this planet get better financial knowledge. That's my lifelong mission. And so I'm exposing this system and I'm acknowledging this system as being a very clever business model. We are the product. They call us the consumers. They're consuming us. So I acknowledge it's a very clever business model. The banks, how they create money out of nothing, how they then make it into debt. But you create the debt, take on the risk of the debt. Pay off all the interest on the debt. They didn't earn the money, but they make all the money on the money that they didn't earn. I mean, that's fucking clever. And I'm going to teach you how that works. I'm going to teach you how to play the banks at their own game and win, which is what I've done. I played the banks at their own game, became a millionaire very young, multi-millionaire still very young. 345 properties I own now, mostly funded by the bank's money, playing their game. And I'm going to teach you all this at the Moneymaker Summit Live. I've managed to get a billionaire coming keynote speak at the next date, and then I've got 6 other, including myself, multimillionaires selling the best, sharing the best business models for 2024 and 2025. Learn how to sell, learn how to do marketing, learn how to create content on social media, learn how to turn your passion into your profession. Learn how to turn what you already know into cash flow. These are all the strategies you're going to learn. If you're pissed off with all the tax rises, if you're frustrated in a job and you want to break free, if you want to build multiple streams of income, if you want to actually have assets, if you want your money to actually make some money, you must register for the Moneymaker Summit. Coming soon. Be super quick if you want to get one of the 15 tickets subsidised by me. Or you can just upgrade when you speak to my team or go onto the page. And once those 15 are done, there'll just be a small admin fee for you to book your place. It's robmoore.live/money. Rob Moore dot live forward slash money. I will be paying mortgages until I die, but it won't be a mortgage on my home. It'll be 345 mortgages on 345 rental units that I own. And the tenants will be paying my mortgages off for me rather than me. 'Cause I'm playing the banks at their own game and winning. And I'm going to teach you how to do the same. Thanks for tuning in. What a beautiful day. Grateful to be alive. Grateful that you follow me, support me, share my content. Sorry, someone nearly crashed into me. And remember, if you don't risk anything, you risk everything.










