Is it possible to pay for your home in cash?
Well, sure.
Three quick things about that though-
- It’s not easy.
- It would probably take a long time.
- It’s a really worthy BHAG* kind of a dream and you should shoot for it.
I’m a big Dave Ramsey fan, and one his team members Chris Hogan put out a form titled Pay Off Your Home Early. It’s a great plan and you can find his original form HERE.
My goal is a little different right now. We’re living in a big warehouse while we save a bunch of money for our home, so I thought I’d modify his form a little. Mine is a version called Pay for Your Home in Cash.
You can grab it right HERE or right click it below.
(Chris Hogan- I hope you’ll forgive me for modifying your form)
Visuals like this form work for me, but I’d love to hear about your home payoff adventures. Send me a message and let me know how you’re doing it..
If you want more info on all that kind of stuff, I’d love to help you, but I’m not your guy. Check out Dave Ramsey and his team on the home stuff. That’s who I follow.
Dr. Dave
Rare pics below of the warehouse I live in with 5 kids while we save. This was before we modified it a bunch.
*BHAG- This is a term from Good to Great by Jim Collins. It means Big Hairy Audacious Goal. Everybody should have some of these!
**Most of the links in this e-mail are affiliate links. It means if you click on them and buy, I make a few pennies off each sale without you spending more. It’s a neat way I help supplement my income.