ALWAYS GAIN FROM OTHER’S EXPERIENCE INSTEAD!
You see, our own experience is not always the best teacher. A famous speaker once said that,“Experience is not the best teacher. Sometimes the tuition is too high!”
This is so true with certain financial decisions.
If we depend on our own experience, we can often pay and pay and pay again. That’s why anytime Ihear of a proven method to make money by being clever and smart, I pay attention.
HERE’S AN EXAMPLE!
Let’s say you were able to save $1,000 in taxes or interest, by establishing a “strategy” that took youonly an hour to set up. On the other hand, think about how much time it takes to earn that much money fromworking. (At your job.)
Isn’t the value of the $1,000 you make from the few minutes worth of leveraged knowledge worthmore than earning $1,000 at work?
You bet it is!
That’s why knowing the right strategies to create wealth is so critical. Its been said that one hourof planning with the right knowledge, can be worth more than a lifetime of working at a job!
With all that in mind, let’s take a look at a 3-step plan that can get you lots of tax dollars and interest savings,while setting up a tax-free retirement income account at the same time!
STEP #1: SAVING THOUSANDS ON YOUR MORTGAGE INTEREST!
* You would be amazed at how much interest you pay on your mortgage over the life of the loan.For example, over a
30 year loan of $100,000 at 9%, you will pay over $189,000 in interest!
Wow.That’s unbelievable, but true.* If you were to set up a side fund, and add only
$67 a month
you would save over$61,000 in interest over the life of your loan; and pay off your house in just under 22 years!
* If you kept paying the normal $804 per month on that loan, you would owe over $55,000 at the end of year 22. (You would still have 8 years left to go.)*
By setting up this side fund program, you would owe ZERO at the end of year 22!
What a difference!Do you think your bank wants you to know about any of this, and lose that extra $61,000 of interest you will pay? I think not. Remember, they make their money by charging you lots of interest!This strategy alone can make an incredible difference in your life-style.
Would you like to save$61,000... or more?
Do you think you would be able to figure out what to do with it? Are you going to be upsetthat the bank didn’t get your money? (I hope not!)
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Now, you might be asking yourself, “Where do we get this extra $67 a month?” Well, that’s the next step.STEP #2: FINANCING THINGS CORRECTLY!