Knowledge is Power; Knowledge To Save You Money!

WHICH HAS THE LOWER INTEREST COST

Your Mortgage or Your Credit Card?

My name is Joe Leech and I am a Senior Associate with United First Financial.. the people who started the Money Max Account.

I frequently do small group meetings (5-15 people) and often start the meeting with that very question

If you were to answer it, what would your answer be?

Over 75% of the participants answer the mortgage has the lower interest.

They are only right if they are thinking in terms of the last few months where the stated amount applies.

Earlier in the life the interest, the rates can be in the 35%—75% rate. Factor in the numbers of people who are in that first three quarters of their mortgage life and you can see why they answer wrong.

A typical credit card at around 19% IS less than 75 to 90%, or even 35% one might see in the 20th year of a mortgage!

The point is that most people don't know how credit works, much less a way to do something about this.. and it's sad because the information is “out there” Dave Ramsey has been teaching these principles a long time...but percentage of people who go there are small.

The other driving force is our company, working with people one at a time.. educating first. Offering to show what we can do, then guaranteeing the results.

The results are that once educated and willing to make some minor changes in how they manage their money, and with the help of our financial gps (which pays for itself), people are saving thousands of dollars interest and time to pay off their debt.

Are you open minded to some additional education? If you could cut your debt payoff time very significantly, with no new out of pocket.. would you want to?

If your answer is “yes”, your starting point is right here: https://freedom.leechent.com

Watch the video; request a free appraisal. I'm here to help.