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[The Only BLACK Kalmyks]

this was a message she was sending to her fellow jamaican people before they thought about boarding a plane to come here

but i feel it's so relevant to everyone

she especially speaks on how many people spend their entire lives paying off the "American Dream".

getting that beautiful home with a 30-year mortgage attached, etc. - many times in their mid-30s. which means, the expectation is that you'll be paying things off until you are touching 70 years of age.

she makes so many good points and i think anyone who is reading and is considering purchasing a home soon.... or digging into any other parts of the "American Dream" should listen.

she makes an amazing point of making sure you have a 10 year plan.
and personally i'd narrow that down even more to a 5-6 year plan for people who were born here. but I can see why she gave 10 for immigrants who would need find a lot of footing first. 

no one should be PLANNING ON paying off a home for 30 years. work your ass the fuck OFF and pay it off in under 10 .
and honestly i'd say a better time is 5-6 years. and if ur looking at a home you can't pay off in 10 years max, you're probably not truly within your means.
i don't care f the bank says you can take as much as you want. use ur noggin.

she ate this tf up and left no crumbs.

goddess basically gave us "Chained to the Rhythm" in patois.

[CHOKE]

Independent Womah

This is exactly why I spent my late teens and early 20s finding a man to take care of me

[United Nations Barbie 🇺🇳]

She's tellin Jamaicans, "you come over come all you do is work, work, work, work, work.."

[BetterAngels]

no one should be PLANNING ON paying off a home for 30 years. work your ass the fuck OFF and pay it off in under 10

This is not always a good idea.  If you purchased a home recently when interest rates were very low (1-3%), it's better to invest your money in stocks or bonds than pay off your home quickly.  You would have a higher return on investing that money.  I bonds are at almost 7% right now

[The Only BLACK Kalmyks]

no one should be PLANNING ON paying off a home for 30 years. work your ass the fuck OFF and pay it off in under 10

This is not always a good idea.  If you purchased a home recently when interest rates were very low (1-3%), it's better to invest your money in stocks or bonds than pay off your home quickly.  You would have a higher return on investing that money.  I bonds are at almost 7% right now

that's good thinking

and 10 years isn't "quickly" IMO. i'd say 4-5 years would be quick.
but that's highly subjective/relative i guess. so many factors to consider

....especially whether someone actually plans on staying in that home very long term or not, etc.
early pay off may not make sense at all in certain cases.

but i think my main point would be:
 equity > optics

and that it's better to have some sort of plan (including one like yours) than to just be buying stuff to show off on instagram while your mortgage is underwater.

[FRANCE]

no one should be PLANNING ON paying off a home for 30 years. work your ass the fuck OFF and pay it off in under 10

This is not always a good idea.  If you purchased a home recently when interest rates were very low (1-3%), it's better to invest your money in stocks or bonds than pay off your home quickly.  You would have a higher return on investing that money.  I bonds are at almost 7% right now

What she is really making reference to (and I guess because Im Jamaican I understand what she is saying) is that Jamaicans should go to the US, work and save and then build their own home in Jamaica without even having to obtain a mortgage, which is what a lot of Jamaicans do. Don't buy a home in the US - work there, save and leave America. If you work and save $200,000 over a 10 yr time span, u can build a huge house, a couple cars and take ur ass back home in Jamaica and just continue working in Jamaica to pay for food and bills. And if u can set up urself in a way where u can still work for a US company in Jamaica, or some kind of business that will earn US funds, even if its $1,000 per month, shit, u can live a very nice lifestyle in Jamaica.

[BetterAngels]

no one should be PLANNING ON paying off a home for 30 years. work your ass the fuck OFF and pay it off in under 10

This is not always a good idea.  If you purchased a home recently when interest rates were very low (1-3%), it's better to invest your money in stocks or bonds than pay off your home quickly.  You would have a higher return on investing that money.  I bonds are at almost 7% right now

What she is really making reference to (and I guess because Im Jamaican I understand what she is saying) is that Jamaicans should go to the US, work and save and then build their own home in Jamaica without even having to obtain a mortgage, which is what a lot of Jamaicans do. Don't buy a home in the US - work there, save and leave America. If you work and save $200,000 over a 10 yr time span, u can build a huge house, a couple cars and take ur ass back home in Jamaica and just continue working in Jamaica to pay for food and bills. And if u can set up urself in a way where u can still work for a US company in Jamaica, or some kind of business that will earn US funds, even if its $1,000 per month, shit, u can live a very nice lifestyle in Jamaica.

Thank you for clarifying that.  Makes a lot more sense.