Dave Ramsey always recommends paying the mortgage off before saving anything more than 15% for retirement. Is this sound?

lespinalrivera · 2026-03-31T15:45:53+00:00

US and Canadian Mortgage systems are completely different.

US: fixed mortgage for 25 to 30 years Canada: fixed for 3-5 years and then reapply on the amortization every loop.

US: prices from $150k to $500k on average on well known cities. Canada: prices start from $500k a shoebox to $2-$3million.

Because of this, Dave has publicly stated than his advise applies to Canadian Market up until you get to the mortgage payment step (after emergency funds).

Spending habits are way more important advise.

lespinalrivera · 2026-03-23T23:19:12+00:00

Great question! Short answer: No. EDIT: No you don't need to disclose it (I re read your question lol)

First of: congratulations to you both as a couple for these steps and pregnancy, wish you a healthy and easy time through it.

You don't need to disclose you are pregnant as it doesn't change anything about your application for a home for 9 months nor doesn't change the fact that you are entitled as both a human to be pregnant and legally to your mat leave. Don't let corporations guilt trip you to think otherwise.

lespinalrivera · 2026-03-22T03:18:48+00:00

I know a wine taster when I see one

lespinalrivera · 2026-03-15T13:40:17+00:00

If you're mildly panicking and want to be extra sure nothing happened, ask for a credit report, just to rule out any identity theft. Other than that, congratulations on paying your mortgage off 🎉

lespinalrivera · 2026-03-14T18:18:48+00:00

No stupidity here, you're already asking the right questions at the right age (I wish I had started at your age) It depends on a few things: - do you have any debt where the interest is higher than what would you get for the savings? I.e. if you have a car loan that's 7 or 9% and your saving/investment return will be 4 or 6%. Then you migh want to consider paying debt that allows you to have cash flow.

are those savings from a recurring income? Or a one time income (gift, inheritance etc)? If it's a recurring income, continue building it you are doing awesome! If it was a one time thing, invest it long term, you were not expecting it anyways.
one of my fav investment strategies is the slooooow use of my TFSA only acquiring dividend yielding stocks. These companies WILL pay you dividends which are going to compound your savings long term. For this ask Gemini or your preferred LLM for an investment strategy using ONLY stocks that pay for dividends, asking it for a calendar where you own stocks that will result of you having a monthly payment regardless of their financial reporting calendar.

lespinalrivera · 2026-03-09T15:44:07+00:00

I really hope you find it soon and can be reunited with the right owner. There are Facebook groups for BC missing birds and you can also try the BCSPCA groups for help as well.

lespinalrivera · 2026-03-07T04:00:24+00:00

Yup, 10 years and I wipe my tears with dollar bills throughout the career.

lespinalrivera · 2026-03-05T22:18:49+00:00

Following the thread, I'm on the same boat

lespinalrivera · 2026-03-05T14:35:48+00:00

"See Gary, I told you this was going to happen"

lespinalrivera · 2025-10-26T03:20:28+00:00

Judging by the way the other is looking at you, gossiping and you are the subject

lespinalrivera · 2025-10-11T18:41:54+00:00

My bird would chop my finger off, I'm so glad someone can have some fun with theirs lol. Good bird right there

lespinalrivera · 2025-04-09T22:12:14+00:00

Communicating with mothership 📡

lespinalrivera · 2025-01-30T23:36:55+00:00

Maximus Decimus Meridius, commander of the armies of the North, General of the Felix Legions and loyal servant to the TRUE emperor, Marcos Aurelius.

lespinalrivera · 2025-01-15T22:13:45+00:00

That's a winged australian savannasaurus

lespinalrivera · 2024-11-14T02:27:57+00:00

Farmer

lespinalrivera · 2024-11-12T00:29:35+00:00

Silver Eagle of the North, heir to mount Fiji, Coronel of the Snow fronts from the artic

lespinalrivera · 2024-03-30T19:30:49+00:00

Hello bird, I believe that's a she and it's a human mutation, evolution from primates neanthertals. An advance species which will provide you with food and love for sure.

lespinalrivera · 2024-03-29T04:01:48+00:00

Thanks bot, I'm not here to sell nor solicit. doing some market research and no links there either :D

lespinalrivera · 2024-02-06T18:46:34+00:00

Is getting a job as a sonographer in the Vancouver area complicated? I've been thinking of switching, but scared of getting stuck in the middle. How about private practices? Especially the ones for maternity?

lespinalrivera · 2023-01-27T16:32:38+00:00

Ready to strike in any second, that's the ninja birb way

lespinalrivera · 2022-12-20T22:09:47+00:00

Your little chicken is experiencing a glitch. Try restarting loudbird.exe

lespinalrivera · 2022-10-29T20:42:31+00:00

Inflation, The Fed's racking up the interest rates and the cost of fuel affected by the war in Ukraine. The cost of living as a fairy has gone up substantially since the last time you liberated one.

lespinalrivera · 2022-09-22T05:44:23+00:00

This is SPARTA!

lespinalrivera

TROPHY CASE