The ‘Safe’ Money Move That’s Costing Canadians Millions

Apr 30, 2025

I was this close to pulling the trigger.

I had the spreadsheet open, the mortgage calculator loaded, and my coffee was just strong enough to make me feel invincible.

I was about to double my mortgage payments, like a responsible adult… because, well, that’s what we’ve been taught, right?

“Get rid of the mortgage. Be free. Sleep better at night.”

But then, something felt off.

Because if I’m honest… what I really wanted wasn’t a mortgage-free life.

I wanted freedom. Full stop.

Time freedom.

Cash freedom.

Options-on-a-Tuesday-kind-of freedom.

And here’s what hit me:

Paying off your mortgage faster isn’t always the smartest move.

Sounds weird, I know. But hear me out.

On a recent episode of our podcast – Canadian Wealth Secrets – we explored what actually happens when you choose to pay off your mortgage fast… versus investing the difference instead.

And it wasn’t just theory — we crunched real numbers, ran side-by-side scenarios, and showed what happens after 25 years depending on which path you take.

One path leads to a mortgage-free home and a comfy lifestyle.

The other?

Builds a full-on money machine that keeps giving long after your house is paid off.

But here’s the kicker: most Canadians never even consider that second path.

Why?

Because safety feels good.

But growth?

Growth feels better.

If you’re only thinking about freedom through the lens of being mortgage-free, you’re missing the bigger picture.

Wealth isn’t just about what you own — it’s about what your money does when you’re not watching.

And if your money’s locked up in your home, it can’t work overtime building the kind of wealth that lets you live fully before you’re 65.

So if you’re feeling stuck, if you’re making responsible decisions but still feel like you’re not getting ahead — you’re not doing it wrong…

You’re just working from the wrong playbook.

That’s why we recorded this episode — to show you how rethinking one “safe” financial move could change everything.

And we break it down without any confusing jargon, just straight-up numbers and strategy.

So, if you’re pouring extra money into your mortgage thinking it’s the best move — stop.

Pause.

Breathe.

And watch this episode first.

Because spending 25 years building dead equity when you could be compounding real wealth is a pain that’s avoidable.

Don’t let a safe move keep you stuck.

👉 Watch the episode on YouTube here — your future self will thank you.

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