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The Secrets Behind A Financial GPS
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Do you know the exact date, month and year that you’ll be debt free? If you're like most people, the answer to that question is no. The reality is that most people take a lot of pit stops along the way that add a lot of time and interest to their already existing debt. Today on Debt Dr 911, your hosts Dr. Chris Heeb and financial expert Richard will discuss rate of return and market myths, how to create a game plan with a financial GPS, and ways that banks are robbing you of your own money making power.
On last week’s episode, your hosts busted myths surrounding interest rates. According to Richard, it is just as important to read between the lines when it comes to the rate of returns. Similar to interest rates, percentages can be intentionally deceiving, too.
It sounds fictional to imagine living a debt free life. Back in the day, it was looked down upon to be in debt. But in today’s modern day society, we have a culture that thrives around instant gratification that consistently keeps us slaves to our debts. Unfortunately, most people don’t know how to efficiently allocate their money to pay off their debt and avoid increasing interest. Luckily for all you listeners, your hosts have created a financial tool that takes into consideration everything you owe and everything you make and reroutes you to the quickest path to financial freedom. A personalized Financial GPS, if you will!
Tune in to this week’s episode of Debt Dr 911 to learn more about a financial GPS and how you can bank like a banker by maximizing every dollar you have BEFORE you spend it!
Quotes:
- “For every dollar we are not deploying, we are forgoing money that could otherwise be used to leverage against those debts to pay them off more quickly or more efficiently.”(07:31-07:40)
- “We are continuously finding ways to stay in debt.” (22:22-22:24)
- “If your money isn't growing, it's dying.” (30:53-30:55)
- “83% of all bank accounts are non-interest bearing accounts.” (33:18-33:20)
Links:
To follow our podcast 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
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LinkedIN Biz Page -https://www.linkedin.com/company/debtdoctor911
Podcast production and show notes provided by FIRESIDE Marketing
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