ilmscore | Prediction Details
"paying down your debt is an investment because it's going to give you a guaranteed return if you have a six percent mortgage rate and you take ten thousand dollars and you pay off this mortgage rate well you get a guaranteed six percent return on that money because that's six percent that you don't have to pay an interest on that principle"
By Minority Mindset | September 17, 2023 | Pending
From video
How To Stop Paying Taxes (Legally) & Build Your Financial Freedom | Jaspreet Singh 01:09:53 - 01:10:11
Interpreted Prediction
Paying down debt is considered an investment, as it provides a guaranteed return equivalent to the interest rate saved. For example, paying off a 6% mortgage yields a guaranteed 6% return.

Prediction Details

Topic
Paying Down Debt as Investment

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