We offer life changing concepts that steer you to financial freedom.
THE HIGH COST OF WAITING
Want to save $1 million by age 67? You'd better get started soon. The longer you wait, the more you'll have to put away each month to reach your retirement goals.
27 years old? You have to put away $214 a month to reach $1 million.
Start at age 37, and you're putting away $541 a month to reach your goal.
Begin at age 47, and you'd have to put away $1,491 a month.
Wait until age 57, and you're putting away a hefty $5,168 a month.
Wait until the last minute (age 62) and you'd have to stash $13,258 a month to reach $1 million by age 67.
So, the sooner you start saving, the fewer dollars you'll have to put away each month to reach your retirement goals. Don't pay the high cost of waiting!
DEBT STACKING
By taking into account the interest rate and amount of debt, debt stacking identifies a way for you to pay off your debts. You begin by making consistent payments on all of your debts. The debt that debt stacking suggests that you pay off first is called your target account.
When you pay off the target account, you roll the amount you were paying toward your next target account. As each debt is paid off, you continue this process. Debt stacking allows you to make the same total monthly payment each month toward all of your debt and works best when you do not accrue any new debts. You continue this process until you have paid off all of your debts. When you finish paying off your debts, you can apply the amount you were paying towards your debt toward creating wealth and financial independence!
PAY YOURSELF FIRST
Think you don't make enough money to save some of it? Think again! If you earn $25,000 a year for 40 years, you will have earned $1 million! Earn $35,000 for 40 years, and you've earned $1.4 million. And if you earn $45,000 for 40 years, you'd have made $1.8 million! Pay yourself first and you can get ahead in the savings game. Here's what can happen when you save just $100 a month for 40 years
At three percent interest, you would have about $93,000.
At five percent interest, you'd have about $153,240.
If you received a nine percent interest, you'd have about $472,000.
That's the power of paying yourself first! And remember, it's not what you earn - it's what you keep!