A mortgage is designed to be paid off over a long period of time, typically 25-30 years. Although I have heard stories recently of people electing to take their mortgage out over 40 years. In my experience as a financial coach I have helped people who were on track to have their mortgage for 40-50 years. Imagine that – taking out your mortgage when you are 30 years old and not being able to pay it off until you were 80! Ouch.

Many people have probably heard scary stories about home equity loans, and there is good reason for that. Hear what I have to share as I challenge your thinking and encourage you to reduce your mortgage faster.

In this short video Phil Strong outlines the five essential steps to getting on the right track to becoming mortgage free. This is a huge target for many homeowners and one they feel they may never reach. But the good news is it does not have to be that way forever!

This Video focuses on Mortgage Reduction and challenges you to think about WHY you would do this and HOW. Watch, enjoy, and comment.

I just grunted, chewed a bit more on my grass while I thought about the severity of what he had just said. And I don’t make this next comment as a judgment, but an observation that I hope and pray speaks loudly into your psyche.

“How stupid is the notion that you should never enjoy being mortgage free?”

To help you with this today I am going to give you the most powerful question that will help you with finding your motivation. I have found over the last ten years of coaching people to totally smash their mortgage that this question is the kick-start for all of them – every single one.