Results: The New American Dream--the paid-off home mortgage
Published on 03/20/2015
QUESTIONS
GO to COMMENTS
Comments
1.
1.
Dave Ramsey, financial adviser and best-selling author, says that the New American Dream isn't the BMW--it's the paid-off home mortgage. Do you agree that this is a good goal for the homeowner?
Yes
70%
1461 votes
No
7%
150 votes
Undecided
11%
222 votes
Not Applicable
12%
251 votes
2.
2.
When you think about your own financial goals, which one comes closest to the next goal you have in your life? Getting out of credit card debt
18%
371 votes
Paying off student loans
7%
136 votes
Saving $1,000 to start an emergency fund
8%
160 votes
Saving 3 to 6 months of living expenses
11%
238 votes
Investing 15% of your income into Roth IRAs and pre-tax retirement
4%
75 votes
Funding your children's college accounts
3%
56 votes
Paying off your home mortgage
14%
290 votes
Build your wealth and give!
9%
185 votes
Not applicable
25%
518 votes
Other (please specify)
3%
55 votes
| Other Answers | Percentage | Votes |
|---|---|---|
| 0.29% | 6 | |
| buying a home | 0.14% | 3 |
| buy a home | 0.10% | 2 |
| being able to buy a house w/ little or no mortgage | 0.05% | 1 |
| having enough to retire on until the end | 0.05% | 1 |
| surviving on my social security | 0.05% | 1 |
| i'm good | 0.05% | 1 |
| getting out of debt | 0.05% | 1 |
| travel | 0.05% | 1 |
| pay off credit cards and mortgage | 0.05% | 1 |
| having more than $100 in the bank. | 0.05% | 1 |
| unsure | 0.05% | 1 |
| being able to pay for school without loans | 0.05% | 1 |
| build enough wealth so i'm not dependent on social security or a pension or health insurance | 0.05% | 1 |
| vacation travel | 0.05% | 1 |
| my home is paid off, we have many investments & have very few bills that are considered as high end. | 0.05% | 1 |
| buy house | 0.05% | 1 |
| my mortgage is paid already | 0.05% | 1 |
| combination of some of these | 0.05% | 1 |
| a secure early retirement | 0.05% | 1 |
| all the above | 0.05% | 1 |
| saving for a down payment on a house | 0.05% | 1 |
| bett er career | 0.05% | 1 |
| saving to help kids buy a house | 0.05% | 1 |
| a job would be nice | 0.05% | 1 |
| save money | 0.05% | 1 |
| maintaining my money | 0.05% | 1 |
| getting out of debt with everyone | 0.05% | 1 |
| keep saving my money | 0.05% | 1 |
| goals are too far away to tell | 0.05% | 1 |
| building wealth and hiring others | 0.05% | 1 |
| just paying each months bills | 0.05% | 1 |
| paying off 2 loans. | 0.05% | 1 |
| pay off the irs | 0.05% | 1 |
| car | 0.05% | 1 |
| just building my wealth. forget the give. | 0.05% | 1 |
| billions | 0.05% | 1 |
| all of the above. | 0.05% | 1 |
| to try and have a fair lifestyle , i am not wealthy. | 0.05% | 1 |
| living comfortably in retirement | 0.05% | 1 |
| living with comfort and security | 0.05% | 1 |
| making enough money to actually save anything | 0.05% | 1 |
| retirement | 0.05% | 1 |
| maximize investments for my retirement living | 0.05% | 1 |
| getting 3 caps for my teeth (for a start) | 0.05% | 1 |
| never being in debt | 0.05% | 1 |
| having adequate savings for retirement | 0.05% | 1 |
3.
3.
At what age did you purchase your first home?
Under 21 years old
4%
78 votes
21-25
17%
358 votes
26-30
19%
396 votes
32-35
11%
231 votes
36-40
5%
111 votes
41-50
5%
94 votes
51-60
2%
36 votes
61-70
0%
5 votes
71-110
0%
3 votes
I have never purchased my own home
37%
767 votes
Other (please specify)
0%
5 votes
| Other Answers | Percentage | Votes |
|---|---|---|
| 0.10% | 2 | |
| other | 0.05% | 1 |
| na | 0.05% | 1 |
| doesn't matter | 0.05% | 1 |
4.
4.
In general, would you say you are a saver or a spender? (I know many will want to say "I'm in between," but if you were forced to pick one, which one would you say is more like you?) I'm more of a spender.
39%
812 votes
I'm more of a saver.
61%
1272 votes
COMMENTS