You Can Either Spend a Few Minutes Learning How to Break the Chains of Debtor Enjoy Being a SLAVE To Your Debt For The Next 25-30 YEARS

It amazes me that there are things like this out there, available to anyone, that no one really wants to tell us about. The banks and mortgage lenders dont want you to know because all that interest you pay is their profit. Over the last few years, how many of you refinanced to take advantage of the lower rates? Im sure some of you even thought it was a great idea to get interest only or negatively amortized loans which you will surely regret in the next few years. Refinancing at a lower rate is how weve been told is the best way to reduce the interest costs of servicing our debt.

So what is it that you are just not being told? If I told you that you could pay off all your existing 30 year mortgage and your other debt in 5 to 10 years or so, without changing the amount you pay to service your debt, you probably wouldnt believe me. Anytime something sounds too good to be true, it is natural to suspect deception. So I have two things to accomplish with the rest of this article convince you it is possible and show you how you your debt can be paid off honestly and fairly without you committing any upfront cash or obligation.

Whether you believe me that it is possible to completely pay off your 30-year mortgage quickly is a lot like the situation with the four-minute mile. Before it was done and common knowledge, it seemed impossible, but once others had done it, it no longer became so uncommon. When I was shown that it matters where my money is sitting each and every day of the month, when Daily Calculated Interest was explained to me, and when I learned that banks manage their money to their advantage, I knew there had to be a better way. I reviewed every single book I could get my hands on through the county library system, I checked out all the online gurus, and was shown a process available to anyone that wants to pay off all their debts quickly.

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Example of Savings When Daily Calculated Interest Matters: Traditional Mortgage              Accelerated Plan $150,000(original loan amount)    $150,000(original loan amount) 7% Interest                       7% Interest After 5 Years = $9,000 Equity     After 55 Days = $6,500 Equity 30 Years To Pay Off               6 Years 2 Months To Pay Off Total Paid $359,000               Total Paid $185,000 Interest Paid $209,000            Interest Paid $35,000
Interest Savings $174,000

After 10 Years = 10% Principle Paid After 22 Years = 50% Principle Paid

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Why dont more of us take advantage of these plans and systems? Other than the fact that most of us dont even know they exist, it is also true that we typically dont have the discipline to follow through with financial plans. I heard just recently that something like one out of twenty people that starts ANY kind of fincancial plan will actually follow through with it.

In order to pay off your mortgage and debt in a third the time requires discipline to pay in accordance to a specific plan on precisely the correct days of the month throughout the course of the 5 to 10 years until all the debt is paid. Missing days here and there will easily frustrate you and can add many months and even years to the eventual payoff.

Would it be worthwhile to have your debt completely paid off in the next 5 to 10 years? Most people dont even stay in the same house for more than ten years nowadays. Either that, or they have already refinanced in order to pull more cash out. In both of these cases they would have done so having paid down no more than 15 percent of the original principle. There is no way we will get ahead like that, and I think the banks like it that way. Having your house completely paid off, being completely out of debt just imagine what your life will be like. Would you travel, would you add money to your childrens educational accounts, would you set aside more for your own retirement much earlier?

As I said before, there are plans and systems out there, mostly for a price. I have reviewed many of them, and I believe some provide really great do-it-yourself plans for getting out of debt fast. What these plans cannot give you is the discipline to follow through. So what I encourage you to do is to outsource the discipline, removing ALL doubt that you will be completely debt free on the schedule you determine up front. Find a company that offers an overview and a no cost, no obligation debt analysis, providing at least 2 to 8 possible solutions for completely eliminating your debt in record time. Expect to be shown options to slice off 1/3 the time and money youd pay servicing your debt, including your mortgage. Ultimately, you should be empowered to choose your own solution.

Good luck!