What does financial independence look like to you? A paid off mortgage, no more monthly payments on car loans, student loans and credit cards. Perhaps the ability to travel, own a vacation home or pay for your grandchildren’s education. The possibilities are endless when you have control. How would you craft your life differently if you knew beforehand the impact of all of your financial decisions? We call this Financial Intelligence (FI) or 20/20 financial foresight. Most of the population lacks it. (more…)
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. (more…)
How many times have you heard the statement, “we live in a debt-fueled economy”? More than you want to acknowledge, I’m sure. Well, we all know it’s true. It’s getting worse by the year. The sad reality is that we’re not taught how to become debt-free and therefore remain in a loop of borrowing, increasing interest rates, and bleak payoff terms. It’s hard to get ahead let alone stay on track. (more…)