I paid off my house

@carrr_uhhh

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Why it worked

The video resonates due to its raw emotional honesty, sharing a deeply personal story of overcoming adversity while highlighting a relatable financial goal. The creator's conviction and vulnerability create a strong connection with the audience.

Summary

The creator shares her story of paying off her mortgage despite facing significant personal challenges, including her husband's leukemia diagnosis and job loss. She emphasizes the peace of mind that comes from being debt-free, even if it means foregoing potential investment returns.

Structure

1Paying off the mortgage despite personal challenges
2The financial strategy and effort involved
3Unexpected personal tragedy strikes
4The peace of mind from being mortgage-free
5Defending the decision against financial logic

Call to action

Let me know in the comments what you think.

On-screen text

I paid off my house WHILE THE IRON PEOPLE ARE FIRED UP, I WANNA TALK OUR DECISION TO PAY OFF OUR MORTGAGE. I COULD HAVE INVESTED THE DIFFERENCE DON'T GET ME STARTED. ANYWAY, STORY WENT. DAVE RAMSEY'S BABY STEP COMPLETELY OUT OF CONSUMER DEBT. SO THERE'S OTHER STEPS IN THE MIDDLE. WE FOLLOWED EVERY STEP EXACTLY, SAYING THAT WHAT DO WAS JUST WE WANTED TO PAY OFF OUR HOUSE. I SAID IT BEFORE, THERE'S AN MY HUSBAND AND I, AND HIS GOAL WAS TO HAVE FOR BEFORE HE RETIRED. WE WORKED SO THIS HOUSE OFF. WE GOT TO THE MORTGAGE, SNOWBALL, WE HAD A HUGE SNOWBALL, PAID OFF OVER $125,000 WORTH OF DEBT. PRETTY LARGE SNOWBALL I ALSO HAD SOLD A VEHICLE, PUT ALL THAT MONEY DOWN, LIKE, ANYTHING WE COULD THIS HOUSE. OUR GOAL WAS OFF BY THE OF 2024. WE PAID IT OFF THE TAIL END OF SEPTEMBER, LIKE, SEPTEMBER 28TH, BUT THE CHECK CLEARED OCTOBER 1ST. SO, LIKE, WE CAME IN ON A 10 EUROPE TO CELEBRATE. WE WERE CELEBRATING OUR ANNIVERSARY, BUT ANYWAY, TWO WEEKS TO THE DATE, OUR HOUSE. MY HUSBAND FOUND OUT HE HAD LEUKEMIA. ONE WEEK TO THAT DIAGNOSIS, HE WAS LAID OFF FROM WORK VERY UNEXPECTEDLY. ONE WEEK AFTER LOSING WE GOT THE OFFICIAL, LIKE, THE FINAL CONFIRMATION! HAD DONE EVERY SCAN, LIKE WE KNEW HE LOST HIS JOB, AND THEN IN OUR HAND SAYING, HI, SIR, YOU HAVE LEUKEMIA. THROUGH ALL OF THAT, I FEEL LIKE I. IT'S SUCH THOSE MONTHS, OCTOBER, NOVEMBER, DECEMBER OF 2024, ARE A COMPLETE BLUR TO ME. MIDST OF THAT BLUR, IN THAT STORM, SURE HOW WE COME OUT OF, THE WHOLE TIME, I HAD THIS PIECE THAT OUR HOUSE WAS PAID OFF. PAID OFF. AND THAT MAY SEEM SILLY, BECAUSE YOU'RE YOU COULD HAVE INVESTED IT. DA, DA, WHATEVER. HOUSE PAYMENT. SO THE ONLY ONE WORKING, NOT ONLY WERE BE FINE, OUR BILLS WERE COVERED WE WERE GOING THAN FINE, BECAUSE I DID NOT HAVE A MORTGAGE. SO YOU CAN DO WHAT YOU WANT TO DO, PERSONAL FINANCE FOR A REASON. IT IS PERSONAL TO YOU AND YOUR CHECKBOOK. BUT WHEN PEOPLE SAY THAT I MADE A MISTAKE. I'M JUST TELLING YOU THAT THE PEACE FROM NOT WHICH SEEMS SO SILLY IN THE MIDDLE OF A STORM LIKE THAT, RIGHT? THAT PROVIDED SO MUCH PEACE ON ALREADY SLEEPLESS NIGHTS I WAS NOT WORRIED ABOUT MONEY. SO I WILL DIE ON THAT FRUGAL HILL. ON THAT PAY OFF YOUR HOUSE HILL. YOU DO YOU, BUT I KNOW THAT CAME FROM. AND THAT'S NOT A 10% RETURN OF INVESTMENT ON OR 18% RETURN. THAT IS 100% RETURN EVERY SINGLE DAY THAT I PAY FOR THIS HOUSE. IN THE COMMENTS

Original caption

I stand by my decision to pay off my house. #debtfree #budget #savingmoney #TikTokCreatorSearchInsightsIncentive

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Transcript

While the iron is hot and people are fired up, I want to talk to you about our decision to pay off our mortgage. I know, I know, I could have invested the difference. Don't get me started. Anyway, here's how the story went. We had done Dave Ramsey's baby steps and we were completely out of consumer debt. So there's other steps in the middle. I'm not saying we followed every step exactly, but I am saying that what we chose to do was just keep going, we wanted to pay off our house. I've said it before, there's an age gap between my husband and I and his goal was to have the house paid for before he retired. We worked so hard to pay this house off. By the time we got to the mortgage and our debt snowball, we had a huge snowball because we had paid off over $125,000 worth of debt. So we had a pretty large snowball. I also had mentioned that we sold a vehicle, put all that money down. Like anything we could to pay off this house, we did it. Our goal is to pay it off by the end of October of 2024. We paid it off the till end of September. Like September 28th, but the check-cleared October 1st. So like we came in early. We went on a 10-day trip to Europe. to celebrate. Okay, actually we were celebrating our anniversary, but anyway, two weeks to the date of paying off our house, my husband found out he had Leucamia. One week to the date of that diagnosis, he was laid off from work very unexpectedly. One week after losing his job, we got the physical, like the final confirmation had done every scan. Like we knew it was Leucamia, he lost his job and then we had a piece of paper in our hand saying, "Hi sir, you have Leucamia. Through all of that, I feel like I it's such a blur. Those months November, December, December of 2024 are a complete blur to me. But in the midst of that blur and that storm that I wasn't sure how we were going to come out of. The whole time I had this piece that our house was paid off, our house was paid off. And to you that may seem silly because you're thinking about you could have had a low interest rate. You could have put it in invested it whatever. I had no house payment. So while I was the only one working, I knew that not only were we going to be fine, meaning all of our bills were covered. We were going to be more than fine because I did not have a mortgage. So you can do what you want to do because it's called personal finance for a reason. It is personal to you and your checkbook. But when people say that I made a mistake, I'm just telling you that the peace from not having a mortgage, which seems so silly in the middle of a storm like that, right? That provided so much peace on already selfless nights, I was not worried about money. So I will die on that flugel hill, I will die on that pay off your house hill, you do you, but I know the piece that that came from. And that's not a 10% return of investment on a good year or 18% return, that is a 100% return every single day that I don't have to pay for this house. Let me know in the comments what you think.