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内容由Chris Heeb提供。所有播客内容(包括剧集、图形和播客描述)均由 Chris Heeb 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
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Financial Secrets 4 Financial Freaks - Interest Rate Versus Interest Volume - What You Don‘t Know Is Costing You Thousands

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已归档的系列专辑 ("不活跃的收取点" status)

When? This feed was archived on July 28, 2022 15:08 (1+ y ago). Last successful fetch was on November 10, 2021 23:09 (2+ y ago)

Why? 不活跃的收取点 status. 我们的伺服器已尝试了一段时间,但仍然无法截取有效的播客收取点

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 306821866 series 2943699
内容由Chris Heeb提供。所有播客内容(包括剧集、图形和播客描述)均由 Chris Heeb 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
Financial Secrets For The Financial Freak in 15 Minutes or Less...

Hey, it's our first episode of our mini podcast. This is a bite size segment that addresses key steps on how to turn your debt into wealth thus cancelling years of debt payments and saving tens of thousands of dollars in interest. Mortgages, Credit Cards, Debt, Banking secrets, Keys to wealth, steps for financial success; I dive into the hidden truths behind some of our everyday choices that could not only be keeping us in debt but even preventing us from becoming wealthy.

Quotes

• “Ever Wonder Why Banks Are In the Business of Lending Money? One word: Interest. Banks make a huge portion of their money by charging you interest on your loans. So, the lower your interest rate, the better. Right? Well, yes, but that’s only half of the equation — unfortunately, it’s not that simple.” (01:15-01:34 | Chris Heeb, The Debt Doctor)

• “The more money you owe the bank, the more your interest volume will be. Even with a rate as low as 2.99%, depending on how much you owe, up to 60% of your monthly payments could be dedicated to interest.” (02:06-02:19 | Chris Heeb, The Debt Doctor)

• “Debt is like a dark cloud of financial pressure and stress that follows you wherever you go. This is especially true when you live paycheck to paycheck, which, as of 2021, 54% of Americans do.” (04:10-04:22 | Chris Heeb, The Debt Doctor)

• “Discretionary income is the amount of money you have left over after paying for necessary expenses and debt service. Financial advisors recommend people do this — As of July 2021, only 25% of Americans say they have no emergency savings at all, according to a new study from Bankrate.” (06:01-06:19 | Chris Heeb, The Debt Doctor)

Links

To follow our podcast DebtDr911 and Financial Secrets for Financial Freaks In Less Than 15 Minutes please go to DebtDr911.com

To schedule a FREE Payoff Analysis please go to MoneyMaxNow.com

Please give us visit, like, or follow us on social media:

Website – www.NoDebtNoMore.com

Facebook Page – https://www.facebook.com/stldebtdr

Twitter - https://twitter.com/DebtDoctorStL

Instagram - @thedebtdr

LinkedIN - https://www.linkedin.com/in/debtdr/

  continue reading

15集单集

Artwork
icon分享
 

已归档的系列专辑 ("不活跃的收取点" status)

When? This feed was archived on July 28, 2022 15:08 (1+ y ago). Last successful fetch was on November 10, 2021 23:09 (2+ y ago)

Why? 不活跃的收取点 status. 我们的伺服器已尝试了一段时间,但仍然无法截取有效的播客收取点

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 306821866 series 2943699
内容由Chris Heeb提供。所有播客内容(包括剧集、图形和播客描述)均由 Chris Heeb 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
Financial Secrets For The Financial Freak in 15 Minutes or Less...

Hey, it's our first episode of our mini podcast. This is a bite size segment that addresses key steps on how to turn your debt into wealth thus cancelling years of debt payments and saving tens of thousands of dollars in interest. Mortgages, Credit Cards, Debt, Banking secrets, Keys to wealth, steps for financial success; I dive into the hidden truths behind some of our everyday choices that could not only be keeping us in debt but even preventing us from becoming wealthy.

Quotes

• “Ever Wonder Why Banks Are In the Business of Lending Money? One word: Interest. Banks make a huge portion of their money by charging you interest on your loans. So, the lower your interest rate, the better. Right? Well, yes, but that’s only half of the equation — unfortunately, it’s not that simple.” (01:15-01:34 | Chris Heeb, The Debt Doctor)

• “The more money you owe the bank, the more your interest volume will be. Even with a rate as low as 2.99%, depending on how much you owe, up to 60% of your monthly payments could be dedicated to interest.” (02:06-02:19 | Chris Heeb, The Debt Doctor)

• “Debt is like a dark cloud of financial pressure and stress that follows you wherever you go. This is especially true when you live paycheck to paycheck, which, as of 2021, 54% of Americans do.” (04:10-04:22 | Chris Heeb, The Debt Doctor)

• “Discretionary income is the amount of money you have left over after paying for necessary expenses and debt service. Financial advisors recommend people do this — As of July 2021, only 25% of Americans say they have no emergency savings at all, according to a new study from Bankrate.” (06:01-06:19 | Chris Heeb, The Debt Doctor)

Links

To follow our podcast DebtDr911 and Financial Secrets for Financial Freaks In Less Than 15 Minutes please go to DebtDr911.com

To schedule a FREE Payoff Analysis please go to MoneyMaxNow.com

Please give us visit, like, or follow us on social media:

Website – www.NoDebtNoMore.com

Facebook Page – https://www.facebook.com/stldebtdr

Twitter - https://twitter.com/DebtDoctorStL

Instagram - @thedebtdr

LinkedIN - https://www.linkedin.com/in/debtdr/

  continue reading

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