LETS GET OUT OF DEBT... FOR GOOD!

Having credit cards is not a bad thing.  Revolving accounts with minimal balances actually strengthens your credit profile to lenders because it proves you can responsibly manage debt. 

Carrying balances, however, means you are paying non-tax-deductible interest with your "after-tax-dollars" which is not good. It also means your money that could be adding to your investment accounts is being used to pay your debt with.  It is like "driving your car with one foot on the brake and one on the gas!" - Douglas Andrew

There are two kinds of debt:  Good debt and bad debt. Good debt is your mortgage.  Used as a financial tool to leverage equity, can help you establish safe, liquid, growing, investment accounts that increases your net worth. Your family will accomplish your goals faster and live a wonderful lifestyle.

Bad debt is installment loans, revolving credit card debt, and any debt that forces you to pay interest that could be otherwise used for investment purposes. 

Below you will find a chart showing examples of a debt consolidation into one's mortgage.  You will see significant cash flow results by doing this. 

Wow!  If this person had 12,000 in credit card debt, and they refinanced it into their $200,000 mortgage, they could increase their cash flow by $520 a month. 

Using a moderate investment strategy, gaining 7%, their $520 a month could grow into $100,000 for their family in 11 years to use at a later time when it is needed most!   

Do you have revolving debt?  Possibly an auto loan? Let us evaluate your mortgage and your debt and send you a FREE REFINANCE SUMMARY! (SEE A SAMPLE)

Please fill out the form below and we will email you YOUR OWN CUSTOM REFINANCE SUMMARY.