Pay Off Your Mortgage 2023 | Invest and Save or Pay Off Your Mortgage?

[@aljid2000]

Hi Kozan, great advice many thanks. Thought to draw your attention that sometimes the sound is not very clear, like get interrupted or cut. Please fix your mic 🎤

[@FinancialMadness]

Hi @aljid2000, I am glad you found it helpful and thanks for pointing it out. I am aware of the sound quality isn't the best for this video and I will continue to work to make sure it is improved in future videos. :)

[@philipreeves5465]

Do mortgage lender "Front Load" in the UK? Ie you pay more interest than capital in the first say 12 years on a 30 year term? Of is this practise NOW illegal? Reason for asking is if we renew our Mortgages ever 2 years with a different lender to get a better deal does the clock of interest loading at tge start restart?

[@oliverkinsley9881]

Hi, what is a recommended emergency fund amount?

[@FinancialMadness]

It will vary from person to person. But general rule of thumb is to aim for at least 3months of your monthly salary saved in your emergency fund!

[@aljid2000]

Wonder if I could get in touch with u for an advice in real life ?

[@FinancialMadness]

Yeah sure. Feel free to submit your questions to [e-mail] and I can get back to you. Please do note, that I am not a financial advisor, so please do not take my response as advice. For further assistance, I would suggest reaching out to a professional.

[@aljid2000]

No worries at all, u r a great person to know anyway. Unfortunately it was a bit hectic at my end and didn't get to see your message until late. Hope to get in touch with you soon 😊

[@FinancialMadness]

No worries. There is no rush. Whenever you have time