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you’re probably in debt. It could be a few thousand dollars or hundreds of thousands, to millions of dollars. It doesn’t matter if you’re in the hole for…
You might even have a combination of the debts we mentioned! And one thing will always be true about debt…
But don’t panic! We’ll let you in on a little secret… There’s a way to get out of debt AND build wealth simultaneously.
The #1 barrier preventing you from a debt-free future is INTEREST.
It puts your hard-earned cash in your lender’s pockets. Here’s how it works:
Let’s say you take out a 30 year, $300,000 loan at a 4.5% interest rate.
That sounds pretty manageable… until you consider interest.
Over a 30 year mortgage, you would pay over $247,000, just in interest payments! That’s actually over 82% of the original loan amount you borrowed, just in interest!
Like we said, time is money! More time paying off debts is more of your money filling the lender’s pockets…
Unless you do something about it. So, if less interest means more money in your pocket, what’s the solution?
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