Adam contacted us after seeing our Facebook Ad. He wanted to know how the program would work for him. He had just bought a home and his goal was to be able to eliminate his mortgage in less than ten years. We responded to Adam via Messenger immediately and began the process of taking him through the four steps that would lead him to debt freedom.
Our initial conversation was just about how he found us and what intrigued him to click through and contact us. He told us he had just been scanning Facebook and an ad caught his eye of a couple in front of a house. He related quickly since he had just bought his first home. The ad message was simple; How I became debt free in 1/3 the time. His next thought was, could I really pay off my mortgage in just ten years. We explained further that the best way to find out was to have a debt analysis, and he said, “let’s do it”!
Step 1 We first had to determine what types of debt he had and also his desire to be debt free. This program can guide you to zero, but you really have to want it and do the work it entails. Don’t worry, it’s not difficult, but it will require your attention on an ongoing basis. So, Adam completed Step-1 which is to complete our survey. All you have to do on the survey is complete your basic contact information, check off the types of debt you currently own and how much discretionary income is available each month. Discretionary income is what’s left over after all of your debts and expenses have been paid for the month. Then, let us know how much you desire to be debt free, on a scale of one to five. One meaning you’re not really concerned about it and five meaning you want HELP, now! We learned he had a new mortgage, two student loans and two credit cards and he thought his discretionary income was around $50.
Why is discretionary income important? It’s the indicator that you have enough funds for the program to work. In fact, you may be surprised to learn, that even just one-dollar of discretionary income will work. Also understand that the program does not require you to change your current life-style. This program is ideal for anyone who pays their bills, but just can’t seem to get ahead or see the light at the end of the tunnel. The Debt Shredder is also adaptable for any changes that occur in your financial picture. Life happens. If a new car payment comes along, you add it into the system and let the program do its magic. Yes, it may increase your time to total payoff, but with this tool you are guided to make the best decisions based on your personal financial situation. Just like your GPS in your car, if you make a wrong turn or need to detour, the program recalculates your path to zero the fastest way possible.
Step 2 At this point we guided Adam on to Step-2 which is to watch the three explainer videos, regarding the program and he became very intrigued with the second video and how the system has you move money each month in order to utilize the multiple strategies for payoff. These would be interest accumulation, interest cancellation, interest float, and strategic payoff. He decided he needed to know more. Why did we have him watch three videos? Well, it’s two reasons, actually. The first was to determine if he truly wants to be debt-free and ensure that he would be able to follow a process and the other is so he can truly see the power of the program. Many times, it’s difficult to understand just what the program can do and our videos show you exactly what it’s all about. The videos take under 30 minutes to watch and will undoubtedly teach you what you need to know..
Step 3 When Adam was finished we began Step-3, which required him to complete the debt analysis worksheet and let us know the amounts of debt he has including interest rates, balances and limits. We also need to know what your current income and monthly expenses are, above the debt items. We are working on a big-picture analysis and having all the data is vital. We never asked for account numbers, so all of his data was confidential. He was able to complete this overnight and send the form back to us digitally. It can be completed either hand-written or digitally.
Now, it’s important to know that the analysis can take up to 24 hours to complete. We must ensure that the data provided is as close to accurate as possible to provide you with the most accurate results. We may have to come back to you for more information, if the data is not complete. Adam was able to provide us the exact information as we requested and his analysis was finalized in under an hour.
Step 4 We were on to Step-4 immediately. That was a meeting to review the results of the analysis. As you may recall, Adam found our ad on Facebook, which was run nationally. He was about 1, 450 miles away from our location. But, that didn’t stop us having a face-to-face meeting. We connected via a video conference call. We were able to screen-share the results with him as we spoke. Needless to say, Adam was very excited to know what the possibilities were using the program.
His report showed that he could save over $60,000 and more than 20 years of time by using Debt Shredder. He went from 28.2 years of paying for his debts down to 7.8 years. That fell below his goal of 10 years. He would also see an average monthly savings of $654. What struck him was the idea that the money he is currently spending on his debts could create a savings for him of $631k + over the time that he would have been paying down his debts. This now created a new goal for him to begin to plan for his retirement fund. Adam was ecstatic with the results of his analysis and made the decision to buy the program and begin his journey to a debt-free life, but also a financially-fit life.
Adam’s Testimonial – After just two months of using the program I am already seeing the savings. I didn’t have to make any changes to my currently lifestyle, but I will be. Because, I know that a little more available each month to pay down my debts will get me out of debt even faster! I can’t wait for the next 7 years! Thank you, Smart Debt, for showing me the way to being debt free!