High credit card bills? Now is the time to pay off debt fast using your retirement dollars. WHY? Because right now you can do so tax & penalty free. How does this benefit you? Watch and learn as I show you how I helped one of our clients * DESTROY $40,000 in credit card debt in just one year.* No consolidation or complicated paperwork to fill out. This is sooo easy. Stay Tuned For Part 2
I wonder if that part is missed cause to me this is the most powerful part of both these videos. I always hope people make it to that part of teh video. If you don't decide, nothing else matters. Love and appreciate the feedback.
Congrats Marissa! Now it's time to level up and move to step 2. I'll be posting Part 2 on Monday. It should be review for you, but a great reminder of what to do. As always, reach out any time to further discuss. I'm happy to help.
I like it. It's worth watching all the way through. Any question that I had, you answered by the time the video was done. Kept my attention and I learned a lot.
@Coco Vanity Also, watch part 2 for a more in depth example and I list even more benefits you receive (we get free travel, rental cars and hotel stays just off the points alone!) there are tons of extra perks to using this strategy. You don't want to miss some of those... and as always... we'd be honored for you to share it with anyone else you know would benefit.
All depends on your cash flow. That is the available cash you are able to pay on debt. 40k paid off on 5 months means the client has 8k to use each month to pay their debt. Not practical on a 45-60k yearly salary with a family of 4. My cash flow is 1400 a month and it will take me 5 months to pay off 8k.
Thank you for the feedback. A fact, It’s all about cash flow. That 1400 you ref is only one piece. What about the bills you have the opportunity to use the same dollar twice to free up additional cash flow? See it’s also about the debt tool you use. I guarantee I can beat that 8 months for you without changing what you make in income. It’s about where your income is allocated. The wrong way is to pay bills straight from checking. Check part 2 that might provide some clarity.
Thanks for a great video, I had to watch it several times, because you are speaking too fast for me... but after third time I got the concept, Now where to you find a self-directed IRA with a check book custodial company?
Thanks for great video... this time only took once... to get the it... where do I find a Self-directed checkbook IRA? , the only one I know is Self-Directed LLC (IRA or no IRA).
Great video, but I would like to mention that you can't transfer a balance from the same financial institution. Also if you have too much debt nobody will approve you for a new card to transfer the balance.. So my question is what would be another option?
Thank you for this video. But, what about if I don't have IRA? and 0% balance transfer works? Also, you are not adding the interest of the credit debt tool, and how do you pay your rent with cc, is that a cash advance with an interest of 30%? What about if I get paid every 2 weeks instead monthly? thanks.
These are questions that are pretty common, we have several lives and vids that address. We go live on Sundays and Wednesdays 6pm PST, jump on and I would be happy to readdress.
Thanks for reaching out. You can head over to selfdirected.info/live grab our free velocity banking worksheet and then grab a spot in my calendar Looking forward to helping you
