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Automatic TRANSCRIPT

I got a Hana on the line. Hello how are you. I'm well I'm not kidding. You already ready. You speak in my love language girl out like you already. What's on your mind? Well actually My current focus is dead debt. Free Scream I want to get on that stage ages. I would like to save and invest my way from a thousand air to every day. Millionaires around with being a thousand there. But I like to try that multimillionaire multimillionaires status if I'm liking. I'd like to which brings me to my question today. I could know if it's a good idea. Did a pay off my mortgage. Initially I wanted to ask about paying half but I'd like to know if I can pay off the entire mortgage right now but balance of the mortgage. She's a hundred and four thousand dollars and the interest rate that I'm paying right now is about four and a half percent during my income is about one hundred and ten came bouncing a year and I say Me Back up so I'm all all the way through all the baby steps up to number six at babysit you say well Actually I only had a car and On November Number Fifteen I was paying my credit card statement and I somehow ended up on my November. Two Thousand Eighteen The total I had paid in credit card and I I was made that point. I was done how much how much honestly that year I stayed in credit already card fees but the total bounds with like twenty. Four thousand dollars. You yeah scores. I was one of those ones where I was like. Oh well I'm GONNA bite it anyways out there on my credit card and Dan for it right. Hey I liked that and not only. Did you recover. You've moved forward so all right so you. Are you a saver. So how much do you have in savings right now. How about a hundred and twenty six thousanddollars? What how did you? What have you been doing? No when I want to say yes code on the almost eleven from you saying no one. I'd like to ask a Song Sean. Can you say. Can you sing. I'll call the morning. Okay I can't I arcade either Bob My producer on beacon saying I can't sing but um what you girl so you got one hundred twenty. Six thousand dollars saved up. You have been intentional. What is is this money's supposed to be for well actually The plan was to get to the point where I was at least liquid about one hundred thousand dollars so I just kept going okay. Well you know credit card thing made me so angry. I decided that I will pay the house off but I wanted to add to seek wise council. That is amazing. So how much do you have currently saved toward retirement. So right now have about one hundred and eighty hours Al Hea Okay and how old are you. I'm forty eight years old and I was very much on the conservative side for a very very long time and so I just recently started doing something a little bit different so good. Tell me this. How much is your mortgage payment? Each month right now with principle is insured for it and taxes about nine forty or okay and it's taken you how long to save this one hundred twenty six thousand Probably he just over a year and let me explain that. So I'm a single parent. Cashflow my daughter through college or whatever wasn't governance dollar ships I paid paid The rest in cash and then we will live in different places. Because I'm in the military so I had the manage to how hopefully Into different location location. What branch of the military or UN Navy and you've been in how long a total Thirty years but that's been active and reserve. Okay my goodness well. Thank you for your service. Here's the thing I love what you've done. I love the phrase saying no. I won't say yes. You've you've been intentional. You've attack debt. The thought of paying off that mortgage. Here's the thing it's going to be a game changer. But Shana you're GONNA have to reconcile this. You've got that big dollar or amount sitting in that bank account. Are you going to be okay right in that. Check and that dollar amount shriveling down to about twenty six thousand I e because I'm GonNa love and my living expenses for us in comparison to what I take home in is nothing real. Well I oh yeah no not only. Can you do that but young lady you write the check and pay off that house the mortgage payment you were paying put it back back into savings take that nine hundred and send it back into the savings and guess what in about four to six weeks. They're going to send you the deed to your house. They're gonNA send you this thing. It's a beautiful envelope right. I'm telling you it's pretty. You're open it. I'm did you open it all gentle and everything because you're GONNA won't hold onto it so yes without a shadow shadow of doubt you single mom rockstar. You pay that thing off keep moving forward. You're serving your country but you're also serving a legacy and I I am proud of you and yes you should pay that thing off and yes you should go do some fun things and celebrate in a way that you never have before. It's time for you to start saying saying yes to some things because you can do it. I'm proud of you and thank you for calling in. VIP's I'm GonNa tell you something. Sahana is an absolute testament to what can happen when you make a decision. It doesn't matter where you come from. It doesn't matter where you went to school. It's about the decisions that we make for ourselves beginning winning right now and I've absolutely pumped up and excited to hear from her To See what she made happen because she may choices for herself. That's a single mom. Don't get this twisted people. That's a single mom in the military who decided to say no when she wanted to say yes to save him be intentional. No and now. She's not buying a home. She's about to own that bad boy. Yes how's that feel. What that is is an absolute indication of what we do when we make decisions decisions and we get focused and not finished? I absolutely loved