Our Journey to Financial Freedom: How We Paid Off Our Mortgage in 9 Years

💰It is possible to pay off a mortgage in a relatively short period of time with careful planning and budgeting.

🏡Buying and building a house can be an effective way to invest in your future and work towards financial freedom.

💪Having a positive mindset and determination is key to overcoming financial challenges and achieving your goals.

👨‍🌾Living a self-sustainable lifestyle, such as homesteading, can help save money and reduce dependency on external resources.

💡Resourcefulness and creativity can go a long way in finding cost-effective solutions for building and maintaining your property.

How long did it take you to pay off your mortgage?

—We were able to pay off our mortgage in just 9 years, despite starting with little savings.

Did you take out a loan to buy the property and build your house?

—Yes, we did take out a loan to buy the property and build our house, but we were determined to pay it off as quickly as possible.

Was it difficult to live in a camper while building your house?

—Living in a camper while building our house was challenging, especially with young children, but it allowed us to save money and avoid additional debt.

What tips do you have for others looking to pay off their mortgage quickly?

—Our tips for paying off a mortgage quickly include creating a budget, minimizing expenses, increasing income through side hustles, and staying motivated with a clear goal in mind.

What advice do you have for those looking to achieve financial freedom?

—Our advice for achieving financial freedom is to prioritize saving, avoid unnecessary debt, invest wisely, and maintain a positive mindset throughout the journey.

00:00We started our journey with less than a dollar in our bank account but were determined to achieve financial freedom.

03:45We bought property and built our own house, taking out a loan but aiming to pay it off as soon as possible.

08:17We lived in a camper while building our house, which had its challenges but helped us save money and avoid additional debt.

10:39Our journey towards financial freedom included living a self-sustainable lifestyle and finding cost-effective solutions for our homestead.

13:52We paid off our mortgage in just 9 years, proving that with determination and strategic planning, it's possible to achieve debt-free living.