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People spend a lot of time trying to get employment, but often
very little time on where they spend their income.
Consolidate debt and work one less year in your life
Reducing the mortgage and credit card interest carrying costs you
pay by only 1% over a lifetime will probably have the single
largest financial effect on you life. Consolidation may be
right for your circumstances.
Its like a extra year of salary
If the average homeowner has a mortgage of $150,000 at 9% interest
over a 30 year term. The lifetime cost of of paying this
mortgage off is $434,502. By reducing your interest
carrying cost by 1%, lifetime payments drop to $396,229, and
they will save $38,273.
The savings
can be even greater if the homeowner consolidates any
of the following other types of debt:
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Career Life I.Q.
question # 1 |
| Imagine you made $40,000 per year and had some of
the types of debt listed in the above paragraph, would
it make sense to take 15 minutes of you time to see how
much you would save in your specific situation? A)
Yes - even the savings on small amounts ad up
[select A]
B) No - I'd rather work the unnecessary extra
year
[select B]
Sidebar:
here you can check your
actual savings > > > |
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Reduce your monthly payments by 50%
by consolidating
