No More Debt
ByMy 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.