Archive for Tips

Mar
25

Pay Off My Debt in 7 Easy Steps

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Dreams,Values and Goals

  • Write down your goals and values.  Be specific and do not be afraid to DREAM.
  • Have your spouse do the same.  Her goals and values may differ from yours and that is ok.
  • Rate your goals and values in order of priority. ie:1,2,3,etc  Have your spouse do the same.
  • Set your dreams,goal and values side by side.  (This my open your eyes a little.)

Get Organized-find your PERSONAL NET WORTH

  • Do an update of your Assets and Liabilities.  This is best done by a computer program.
  • ASSETS -LIABILITIES = NET WORTH This is nothing but a Personal Balance Sheet to see how you are doing at this point in time.
  • Continue to tract this each month or at lease each quarter.

Accelerated Debt Payoff

  • No one likes debt but it is neccessary to purchase things such as homes and cars.
  • On every dollar that is loaned out, someone is earning interest. You want to drastically reduce the amount of interest you pay.
  • The average person will pay over $150,000 just in interest on his home.
  • Let a computer program do a DEBT ROLL DOWN for you.

Power Spending Plan

  • Power spending is spending your way to wealth. Assets create wealth.  We have to spend to acquire assets.
  • Pay yourself first.  We are telling you to spend differently with calculated results.
  • Track your results and you will save 10%.  These savings could be thousands of dollars.

Credit Grooming

  • 80% of reports have and error that costs you money.
  • Credit scores are used for lots of things.  ie: Auto insurance premiums, auto loans, home loans, credit card rates,etc
  • Learn how to improve your credit score.  Yes. there are things you can do to make it better.

Estate Planning

  • Simple planning can save you tens of thousands of dollars.
  • What happens if you are disabled?
  • What happens if you die?  Your family needs money or you.

Build Wealth

  • When will you retire?
  • How much money per month do you need?
  • Where is the money coming from?
  • Will taxes take it all or just part of it?
  • Did you build it and then lose it to the market?

Now is the time to start the rest of your life. Get out of debt and build wealth.  I know this is what I want, how about YOU?

Contact me.

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Feb
24

No More Debt

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My friend ask me “how can I pay off my debt”.  My answer is to get rid of debt as quick as possible.  If you payoff your consumer debt, then your mortgage on your home you are in position to create WEALTH.  Interest you pay to THE FINANCIAL INSTITUTIONS can be used to payoff ALL your debt in a very short period of time.  I can payed off my Mortgage and other DEBT in 8 years not the 28 I was currently on track to do.

You may ask “How can I do that?’  I am doing it by doing 3 simple steps

  • I deposit my pay checks directly to my HELOC.(Home Equity Line Of Credit)   Why??? Because it is working against my debt the day it is deposited.
  • I use a credit card to pay my bills for the month.  Why??? I pay no interest during the first 29 days of the month on my credit card.
  • I have a computer program that does all the calculations each month for me.  Why?? I do not want to do 4 million calculations each month, even if I did have the time.

Most families want to be out of debt but do not know how to do it.  Our schools do not help us even at the College level.  Financial IQ is what I think ALL Americas need in order to get out of debt.  Yes, it is time for us (you and me) to pay off my debt.

Freedom comes when MONEY IS NOT THE ISSUE.  What is your higher purpose and greater cause??? I want to help people with debt get out of debt which will make all our communities a better place  to live.

Contact me

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Feb
24

HOPE for YOU to Pay Off Debt

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Yes I CAN pay off my debt AND DO IT QUICKLY.  HOPE is Helping Ordinary People Excel.  If you have NO DEBT you can do lots things like retirer, education funds, emergency funds, travel, new car,etc.

How is your income to expenses ratio?  The more extra money you have the sooner the DEBT goes away by using debt roll down.  Done properly you can leverage your money by using BANK MONEY to pay your monthly expenses. Yes you can!!!  I am doing it and so can YOU.  Bad CREDIT SCORE or MORE MONTH THAN INCOME???  It is time to get help.   I promise it will not be a waste of your time.  I can help you in Three areas

  • 1) Eliminate Consumer Debt
  • 2) Payoff your HOME Early
  • 3) Build Wealth.

By doing the right things at the right time it will work for you.

It is as easy as

  1. Have your pay check go against debt as soon as you get it.  (How much interest does your bank pay you for using your money each month???)
  2. Use the banks money to pay bills during the month.  (You pay no interest on your credit card the first 29 days)
  3. Use your computer to do ALL the calculations each month.  (The right program can do it all)

Now is the time to start getting OUT OF DEBT and WEALTHY.

I can help you SET YOUR RETIREMENT DATE and have $1000’s each month TAX FREE to live on.  This can be done with the same income you are currently making.

contact me

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