Use Debt Stacking to get out of debt for
good. Eliminate Credit Card Debt in less then 5
years!
Use
Debt
Stacking to
eliminate all debt. Debt Stacking will eliminate credit card debt, mortgage
debt ,student loans, all debt in half the time or
less. Debt
Stacking is a guaranteed method of reducing debt in the
shortest time possible with the money that is already
going to payments. This method has saved the average
consumer over 50,000 dollars in interest and cuts the
time to payback debt in half.
Ask yourself
these questions:
Where
will you be financially five years from now?
Are you living paycheck to
paycheck?
Is
there more month than paycheck?
Be completely debt free in as
little as 5 to 8 years, enjoying life instead of
fearing it and saving for a very secure stress free retirement.
How DOES that SOUND?
It all
starts here, with you! Right now, you need to make a choice. To continue
blindly paying monthly payments with no end in sight, or be
willing to make a few small adjustments to have a secure and
financially free lifestyle.
The Debt
Stacking Method is simple and will have you out of debt very
quickly.
How does debt stacking work?
The debt stacking principle is simple;
when one debt is paid off you take the money that was going to
that debt’s payment and apply it to the next debt.
Let’s say that you have a
credit card that you just paid off and the monthly payment
was 50.00. The next debt that you wish to payoff is a car
payment, which has a monthly payment of 300.00. You would
take the 50.00 that was going to the credit card and add
it to the car payment, so this month you would send a
payment of 350.00. Now when the car is paid off you may
want to payoff the mortgage so you would take the 350.00
that was going to the car payment and add it to the
mortgage payment. Let say that the mortgage payment is
750.00 add the 350.00 to it. So you send in a payment of
1100.00 to the mortgage company. Remember you are paying
no more then you started with. This is called Debt
Stacking.
Credit card 50.00
Car 300.00
Mortgage 750.00
Total 1100.00
To see what the possible saving could be
using this method with real debts consider the following two
scenarios, first paying off debts the normal way, second
stacking the debts. Debt stacking will eliminate all debts in
less then half the time.
We will use the same information for both
scenarios
|
Debt Name
|
Balance
|
Payment
|
Interest
Rate
|
Remaining
Payments
|
|
Mortgage
|
138,972.00
|
931.42
|
7.00%
|
352
|
|
Car
|
10,832.46
|
350.00
|
8.50%
|
36
|
|
Visa
|
7,500.00
|
150.00
|
16.00%
|
|
|
Car 2
|
14,597.97
|
363.27
|
7.25%
|
47
|
| |
|
|
|
|
|
Totals:
|
171,902.43
|
1,794.69
|
|
|
Years until all debts are paid off:
29 years 4
months
And it will cost
$207,472.00 in Interest! This is if you don’t
borrow another dime and just pay the minimum payments.
Now what if you were to use the debt
stacking technique instead?
| |
NO PLAN
|
DEBT STACKING
|
TOTAL SAVING
|
|
Total to Payoff
Debts
|
380,402.00
|
255,928.00
|
Save
124,474.00 on Interest
|
|
Interest Paid
|
207,472.00
|
82,998.00
|
|
Principle Paid
|
171,902.00
|
171,902.00
|
|
|
Required Time to Payoff
Debt
|
29 years
|
11 years
|
Save
18 years off the time required to get out of
debt
|
|
Potential Retirement
Saving
|
0.00
|
1,125,379.00*
|
|
*Actual results may very from the results
depicted above depending on your individual credit worthiness
and financial planning strategy. Retirement saving calculated
with 8% annual return on investing equivalent of current debt
payments
This is not debt consolidation, debt
settlement, loans or investing. Well in a sense you are
investing in yourself and your future when you pay off your
debts.
Also paying off debt creates a
guaranteed return
on investment. Look at our example.
We saved 124,474.00 in
interest. That is a 60% return on investment.
NOT BAD! Is
that a big enough incentive to start today?
What about the 1,125,379.00 for
retirement? That would provide about 90,000.00 a year to live
on for life without touching the principle. How much did this
cost extra? NOTHING!!!
Now you know all about Debt Stacking, Where Do
You Begin? How much will you save?
The Rapid Debt Reducer PC software is all
you need. Nothing else! It has 7 payoff strategies, what if
calculators, 10 other financial calculators, plus a budgeting
module to help plan for monthly expenses. Start Now
Start today, create your own personalized
plan to eliminate all your debts with the Rapid Debt Reducer PC
software and start living debt free.
Just imagine what your life will be
like with no monthly debt payemnts! How much could
you start saving in a 401k? You could take a vacation, improve
your home, or even buy a new car for cash in just a few months
with your new found wealth.
Debt Stacking with the Rapid Debt Reducer
will have you saving money and time the very first month. This
saving alone will more then pay for the investment in the Rapid
Debt Reducer Software.
Good luck, and if you need any advise or
help with the software just email.
No magic here,
just the plain truth. Create a plan
to
|