Mortgage-Free on $600k Home After Near Death Crash

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  • Опубліковано 28 чер 2024
  • After a near-death car crash, Mike Lee and his wife Kris became mortgage-free on their $600k dream home in Michigan in 5 years. Here's how they did it!
    Mortgage Payoff Calculator: marriagekidsandmoney.com/calc...
    Mike Lee's UA-cam Channel: / @mikelee0072
    CHAPTERS
    00:00 - Intro - Mortgage-Free on $600k Home After Near Death Crash
    00:54 - Mortgage Free 3
    02:01 - Motivation to Become Mortgage-Free
    07:52 - Dream Home
    10:05 - Near Death Crash
    14:05 - Motivation
    17:30 - Next Steps
    #MortgageFree #MortgageFreedom #PaidOffHouse #FamilyFinance #personalfinance
    GUEST BIO - Mike Lee
    Mike Lee is the creator of the Survivors Club UA-cam channel where he shares inspirational stories of resilience and recovery. After surviving a near-death experience, Mike dedicates his platform to helping others overcome adversity and achieve financial freedom. His engaging content covers personal finance, real estate, and life-changing events, inspiring viewers to turn challenges into opportunities for growth and success.
    OTHER VIDEOS TO WATCH
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    George Kamel: Mortgage-Free Millionaires From The Baby Steps
    • George Kamel: Mortgag...
    Mortgage Payoff Procedure: These 10 Steps Make it Official
    • Mortgage Payoff Proced...
    MARRIAGE KIDS AND MONEY:
    This award-winning blog, podcast and UA-cam channel are dedicated to helping families build wealth and thrive. Each week, Andy Hill shares actionable advice and tips for family financial independence. Also, he interviews personal finance experts, families who've achieved financial independence and work optional parents to inspire you to do the same.
    BIO - ANDY HILL:
    Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.
    Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of downloads and views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.
    When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing in his hammock.
    ✅ CONNECT WITH US
    Instagram: / marriagekidsandmoney
    Facebook: / marriagekidsandmoney
    Blog: www.marriagekidsandmoney.com
    Podcast: www.marriagekidsandmoney.com/...
    Facebook Group: www.marriagekidsandmoney.com/...
    Subscribe to my UA-cam channel today to strengthen your family tree and live financially free!
    HOW WE MAKE MONEY & DISCLAIMER
    This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Information shared on this channel is for entertainment purposes only and should not be considered as professional advice.
    Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.
    CREDITS
    Research & Writing: Andy Hill
    Video Editing: EditVideo.io
    Thumbnail: Ardi, The Thumbnail Wiz
    Channel Management: Nev Maraj

КОМЕНТАРІ • 20

  • @MarriageKidsandMoney
    @MarriageKidsandMoney  8 днів тому

    Check out our free Mortgage Payoff Calculator here:marriagekidsandmoney.com/calculators/mortgage-payoff/

  • @csnelson85
    @csnelson85 16 днів тому +9

    Wow. What a story! Thank you for sharing - very inspirational! God bless!

  • @viviang4217
    @viviang4217 14 днів тому +3

    Loved hearing this inspiring story!

  • @robertmorris2576
    @robertmorris2576 13 днів тому +3

    What an amazing story! This is such a blessing! ❤

  • @mayyang8350
    @mayyang8350 14 днів тому +3

    What a powerful story. Mike, you are an inspiration on many levels. Thank you for sharing your story and inspiring others. I wish you and your family the very best.

    • @MarriageKidsandMoney
      @MarriageKidsandMoney  14 днів тому

      I connected with Mike through UA-cam -- this community is strong :)

  • @allthingsnu4673
    @allthingsnu4673 14 днів тому +3

    Thank God for blessing and protecting this family. What was the "necessary insurance" he took out that kept them out of bankruptcy?

    • @MarriageKidsandMoney
      @MarriageKidsandMoney  14 днів тому +2

      My assumption would be long-term disability insurance. Something to keep his salary coming in when he couldn't work.

  • @johnkantar8034
    @johnkantar8034 15 днів тому +2

    God Bless, what a strong guy. Congrats on everything

  • @keekee8760
    @keekee8760 15 днів тому +2

    That is so amazing 😀. Congratulations to you and your family 🎉. Your great grandfather was very wise😀. Thank you for sharing. your story.

    • @MarriageKidsandMoney
      @MarriageKidsandMoney  15 днів тому +1

      Mike has a gift for story telling and his story is a great one to tell!

    • @keekee8760
      @keekee8760 15 днів тому +1

      It sure is😀

  • @kimmypee4813
    @kimmypee4813 15 днів тому +1

    Goal getter!!!

  • @Azel247
    @Azel247 13 днів тому +1

    Truly inspiring story, thank you for sharing!
    I had a health scare recently and had a revelation. While I was in the emergency room, I realized that those silly calculations of paying off mortgage vs. investing, my Coast FI number, the compound interest calc, net worth statements etc. were all vain. All I wanted to do was set up our finances in a way that if I die, my family would be fine even if they don't want to manage the finances in the way that I do. It doesn't matter if my mortgage interest was 6% and I could achieve 10% in the market... I wanted my family to be debt free and not worry about a thing if I suddenly die. When I got home, I immediately knocked my mortgage down from 30 year to 10 years by making a lump sum payment. I'm now looking to take out a 10 year term life policy to further protect my family. Once the mortgage is done, then we're fine.

    • @MarriageKidsandMoney
      @MarriageKidsandMoney  11 днів тому

      What a revelation. Thank you for sharing this with us.
      Simplification is key.