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Old 09-14-2007, 01:34 PM
autoxer autoxer is offline
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Quote:
Originally Posted by CafeMonkey View Post
Hopefully I've demonstrated that Speed Equity and other systems are not about principal paydown, but are about not paying interest by shifting the debt.
Sure they do shift interest, but the 'testimonials' are so exaggerated, because their clients are also putting a lot more towards principal. It is very misleading about what you can actually accomplish "with little change to their day-to-day spending habits and without increasing their monthly mortgage payments."
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My financial plan is to:
  • never carry any consumer debt ever again.
  • fully fund my Roth IRA every year.
  • put 10% into my 401k.
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