Share

cover art for Getting the Mortgage Monkey Off Your Back #124

It's a Good Life

Getting the Mortgage Monkey Off Your Back #124

Ep. 124

“The one thing about real estate is if you hold it long enough, you will win.” — Brian Buffini

Are you among the 66% of Americans with a mortgage? Your home is a major source of wealth that allows you to build equity over time. A goal for many homeowners is to pay off their mortgage before the end of the amortization period; however, they may not know how to do it. In this episode, Brian Buffini breaks down the mortgage math and offers seven common-sense tips for paying off a mortgage much sooner—up to 11 years sooner in some cases! Paying off your mortgage not only allows you to own your home sooner, it also helps you save money in interest. You’ll learn how to harness the concept of compound interest to work in your favor, the pros and cons of paying off your mortgage early, and why you should fully fund your retirement and pay off your investment property before paying off your mortgage. If you have a mortgage, you won’t want to miss this episode.

Ready to get free and clear of your mortgage much sooner? Click here to download the free resource with examples and how-tos to get started. If you have questions, email Brian or connect with him on social media.

Are you a Buffini Show Insider? What are you waiting for? Join today!

 

Inspirational quotes from today’s interview:

“The one thing about real estate is if you hold it long enough, you will win.” — Brian Buffini

“If you need a place to live, you may as well turn it into something that works for you.” — Brian Buffini

“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein

“Interest is not charged in a linear fashion” — Brian Buffini

“Banks are a great resource to help you get into a property, but the deck is stacked against you.” — Brian Buffini

“The best time to plant a tree was 20 years ago. The second best time is now.” — Chinese Proverb

 

 

Connect with Brian Buffini

https://www.Itsagoodlife.com

Facebook: https://www.facebook.com/brianbuffini

Instagram: https://www.instagram.com/brian_buffini

Youtube: https://www.youtube.com/@itsagoodlifepodcast

Love what you heard? Share it with your friends! It’s a Good Life

Theme Music: “The Cliffs of Moher” by Brogue Wave

More episodes

View all episodes

  • 244. S2E244 Getting Things Done with David Allen

    29:05||Season 2, Ep. 244
    David Allen’s Getting Things Done® work-life management system is a global productivity movement that helps people bring order to the chaos in their businesses and their lives. In this episode, David tells Brian how the GTD® system enables greater performance, capacity and innovation. YOU WILL LEARN:·     How to engage and be present.  ·     How to get in the zone without having a crisis.  ·     How to write a superior to-do list.MENTIONED IN THIS EPISODE: “Getting Things Done,” by David AllenInspirational quotes from today’s interview:“How you are engaged with the world is the issue.” — David Allen“Productivity is simply achieving desired results.” — David Allen“Your mind is for having ideas, not holding them.” — David Allen“Your head can handle about four things max before it starts to feel overwhelmed and confused.” — David Allen“Pay attention to what has your attention, start to engage with it appropriately and it opens space.” — David Allen“Completion and creativity: that’s really the essence of what Getting Things Done® is all about.” — David Allenitsagoodlife.com
  • 243. Quick Cut: S2E243 Hard Work Made Easy

    11:03||Season 2, Ep. 243
    Click here to listen to the full episode.Although many entrepreneurs work very long hours, they often don’t accomplish what they want to. In this episode, Brian shares how to work smarter, get more out of your time and achieve phenomenal success.  YOU WILL LEARN:·     The mindset of work.·     The motivation of work.·     The methodology of work. MENTIONED IN THIS EPISODE:Flow, by Mihaly CsikszentmihalyiFree business consultation NOTEWORTHY QUOTES FROM THIS EPISODE: “In the grind is where you often find the innovation, the creativity and the space.” – Brian Buffini   “Great achievement is usually born of great sacrifice, and is never the result of selfishness.” – Napoleon Hill    “The purpose of life is a life of purpose and that purpose is to serve others.” – Brian Buffini     “If you can embrace the concept of focus, it can change everything for you. Instead of being a lightbulb, that same light and energy becomes a laser.” – Brian Buffini     “It's not how many hours you work. It's the quality and acuity of those hours.” – Brian Buffini itsagoodlife
  • 242. S2E242 Drive to Survive with Derek Daly

    50:19||Season 2, Ep. 242
    What does it take to go from good to great to extraordinary? In this episode, legendary Formula 1 driver Derek Daly describes his meteoric rise from a working-class childhood in Dublin to a professional world-class racer and shares how the principles of high-performance sports can help you to overcome adversity and achieve phenomenal success in business and life.   YOU WILL LEARN:·     Why support is crucial.  ·     Why desire is critical to success.·     The difference between going fast and being fast.  MENTIONED IN THIS EPISODE: derekdaly.com Derek’s books Rush movie Formula 1: Drive to Survive The CommitmentsGoldfinger Grand Prix NOTEWORTHY QUOTES FROM THIS EPISODE: “No matter what doors are open, you have to walk through the door yourself to make things happen.” – Derek Daly “The next path to most people's success is already within their network. They just don't quite know it yet.” – Derek Daly “We're all in control of the legacy that we leave.” – Derek Daly “Performance is personal, but high performance is highly personal.” – Derek Daly “Families create the communities. Communities create the success stories.” – Derek Dalyitsagoodlife.com
  • 241. Quick Cut: S2E241 The Most Attractive Trait in Business

    10:28||Season 2, Ep. 241
    Click here to listen to the full episodeConfidence is not the absence of doubt, it's the attitude and energy you bring in the midst of doubt. In this episode, Brian explains why self-confidence is such a powerful trait in the marketplace and teaches how you can grow yours to achieve phenomenal success in business and in life. YOU WILL LEARN:·     Why everyone experiences doubt sometimes.·     How past accomplishments will help you make breakthroughs.·     Why you must believe in your future. MENTIONED IN THIS EPISODE: Free business consultation NOTEWORTHY QUOTES FROM THIS EPISODE: “You can have doubts and still be confident.” – Brian Buffini “Confidence comes from doing and repetition.” – Brian Buffini “If you did it before, you can do it again.” – Brian Buffini “You have to have a belief in the future if you want confidence.” – Brian Buffini “Being reliable is the stepping stone to a great business and life.” – Brian BuffiniShow lessitsagoodlife.com
  • 240. S2E240 Unleash Your Creativity

    30:53||Season 2, Ep. 240
    When we tap into our creativity, great things can happen! In a special live recording, Brian shares some of his personal experiences of creativity, explains why it’s inherent in everyone and teaches how to unlock it and thrive at any age.  YOU WILL LEARN:·     7 steps to harnessing your creative subconscious.·     The benefits of creative outlets.·     Advice for tapping into a creative project.MENTIONED IN THIS EPISODE:CFSP “Flow,” by Mihaly Csikszentmihalyi  Saving Mr. Banks NOTEWORTHY QUOTES FROM THIS EPISODE: “A creative life is an amplified life. It's a bigger life, a happier life, an expanded life and a hell of a lot more interesting life.” – Elizabeth Gilbert “Creativity starts with problem solving.” – Brian Buffini “Creativity is intelligence having fun.” – Albert Einstein “A creative solution is a more joyous solution. It's a more three-dimensional solution. It's a less of a grind solution.” – Brian Buffini “You can't use up creativity. The more you use, the more you have.” – Maya Angelouitsagoodlife.com
  • 239. Quick Cut: S2E239 Getting Rich is Easy

    09:00||Season 2, Ep. 239
    Click here to listen to the full episodeMoney can’t buy you love, but it can certainly solve some of life’s problems. In this episode, Brian shares how he built his own personal fortune and sets out his simple step-by-step formula for generating wealth. YOU WILL LEARN:·     Why you have to control what's going out.·     Why you must increase what's coming in.·     Why you have to invest, then wait. MENTIONED IN THIS EPISODE: Free Business Consultation NOTEWORTHY QUOTES FROM THIS EPISODE:“It's easy to get rich; it's just easier not to.” – Brian Buffini “You will never be rich unless you control your expenditures.” – Brian Buffini “The greatest value you will ever possess is your own personal value.” – Brian Buffini “There's a real blessing in getting rich slowly.” – Brian Buffini “Never buy into a business you can't understand. Never buy a product you can't understand. Never buy an asset you can’t understand.” – Brian Buffiniitsagoodlife.com
  • 238. S2E238 The Millionaire Mission with Brian Preston

    34:15||Season 2, Ep. 238
    Taking control of your financial freedom is easier than you think – with simple strategies and a structured approach, anyone can build wealth. In this episode, Brian Preston, bestselling author and host of The Money Guy Show, shares his nine-step system for achieving financial success and living your best life. YOU WILL LEARN:·     Why time is so valuable. ·     How to maximize life in every phase.·     Why it can get messy in the middle.  MENTIONED IN THIS EPISODE: “Millionaire Mission: A 9 Step System to Level-Up Your Finances and Build Wealth,” by Brian Preston “The Millionaire Next Door,” by Thomas J. Stanley “The Wealthy Barber,” by David Chilton Free business consultation NOTEWORTHY QUOTES FROM THIS EPISODE: “Every dollar for a 20-year-old has the potential to become $88 at retirement.” – Brian Preston  “Compound interest is the eighth wonder of the world. He who understands it earns it, and he who doesn't pays it.” – Albert Einstein   “Cash is so important because it keeps you from making desperate decisions.” – Brian Preston  “There's a smart way to use debt, but just don't let somebody sell you a bad bill of goods.” – Brian Preston  “Figure out your why and then, right from get go, figure out what that dollar is worth so you'll look at your spending and saving differently.” – Brian Preston itsagoodlife.com
  • 237. Quick Cut: S2E237 How to Live the Good Life with Dr. Robert Waldinger

    10:53||Season 2, Ep. 237
    Click here to listen to the full episodeWhat makes for a good life? According to the longest scientific study of happiness ever conducted, the simple answer is relationships. In this episode, author and psychiatrist Dr. Robert Waldinger explains why building strong connections with other people helps us to have happier, healthier and longer lives. MENTIONED IN THIS EPISODE: “The Good Life,” by Dr. Robert Waldinger and Marc Schulz Dr. Waldinger’s TED Talk “Bowling Alone,” by Robert D. Putnam“Wherever You Go, There You Are,” by Jon Kabat-Zinn NOTEWORTHY QUOTES FROM THIS EPISODE: “Warmer relationships really matter.” – Dr. Robert Waldinger“Taking care of your relationships should be a fitness practice, just the way you take care of your body.” – Dr. Robert Waldinger “How we use digital media affects either whether our well-being goes up or it goes down.” – Dr. Robert Waldinger “We're sold all these ideas about what's supposed to make us happy and yet what we find is that social connections make us happy.” – Dr. Robert Waldinger “Relationships are the greatest things in our life. And they're also the most difficult.” – Brian Buffiniitsagoodlife.com
  • 236. S2E236 Ask Me Anything – Live Q&A with Head Coach Dave McGhee Part 2

    25:48||Season 2, Ep. 236
    In today’s complex real estate market, you need to be more focused and professional than ever before. In part 2 of this special podcast, Brian and Dave McGhee share how to overcome challenges, raise your game and build a strong business that lasts the tests of time. YOU WILL LEARN:·     How to lead a team in a challenging market.·     Why you must stay patient and steadfast in business.·     How to keep motivated.MENTIONED IN THIS EPISODE: Do It N.O.W.The Peak Experience Free REALStrengths assessmentCFSP program Bold predictions podcast Free business consultation NOTEWORTHY QUOTES FROM THIS EPISODE: “You've got to be encourager in chief and, in order for that to happen, you have to be encouraged yourself.” – Brian Buffini “Every recession is always followed by a recovery. It's guaranteed to happen.” – Brian Buffini “That which is quickly built up is quickly torn down.” – Brian Buffini “It's okay when you're winning to celebrate that you're winning.” – Brian Buffini “We have the process that always works. It's making brownies out of a box.” – Dave McGheeItsagoodlife.com