Delete Your Mortgage

Debt, and especially bank debt, is a form of modern day serfdom. It enslaves you. Being debt free, including mortgage free, is the path to true freedom.

This slide show presents a working example of one way to retire your mortgage permanently and more quickly than you can imagine. We invite you to click through the presentation at your leisure and contact us with any questions you may have.

We advocate getting out of debt as soon as possible and staying out as long as possible. There is, however, an exception to that rule. It is wise to go into debt if (This is Important) the borrowed money can be invested at a higher rate than is being charged, and if the investment carries minimal risk. For example, it would be wise to borrow at 10% if the money will earn 20% and not be subject to high risk.

Business loans use this model. When businesses borrow money, it is done with the assumption that they will use the funds to create goods or services that will cover the interest and principle and turn a profit. This also is the rationale behind the purchase of a home –- it is expected to appreciate in value faster than the rate of interest on the loan.

The Money Merge Account is a classic example of borrowing money to make money. It borrows money from an equity line-of-credit at one cost and uses it to pay down a mortgage at a much higher cost. Don’t confuse cost with rate. That is because the rate of the equity line usually will be higher than the rate of the mortgage, but the cost will be the other way around. The rate of the equity line is charged for a very short time period while the rate of the mortgage typically is charged over the entire length of the loan, 30 years being a typical example.

Another thing to remember is the length of the loan is just as important as the rate. We have been conditioned over time to focus on payment affordability vs. the impact of the overwhelming amount of debt and interest payments we are accepting when we take out a mortgage. The immense amount of debt has a far greater impact on your net worth than an extra 1/8 or 1/4 percent difference in the interest rate.

The Money Merge Account software is programmed to maximize every advantage of shortening your mortgage. This is more than just sending extra monthly payments to reduce your principle. That is an excellent plan, but it falls short of what Money Merge Account can do. While your money is accumulating in a checking or savings account waiting to be used, it is not working for you. At best, it may earn a minimal amount of interest that falls short of the inflation rate. In this case, you are actually losing value and, on top of that, you have to pay income taxes on the interest earned. When you finally do send in your extra payment for principle, the mortgage company will apply it only once each month. That means the money you save for mortgage acceleration sits idle for several weeks each month, not benefiting you and not helping to reduce your mortgage during that time. This may not seem like a big deal, but if this pattern is repeated over the course of several years, it will add up to a substantial amount.

The Money Merge Account’s software monitors your monthly cash flows and gives you perfectly timed prompts telling you when to send in your mortgage-acceleration payment and exactly how much. Most of us would be hard pressed to figure that out on our own.

To find out what the Money Merge Account can do for you, get your FREE ANALYSIS

The Real Question Should Be: Is Money Working For You Or Against You?

That would depend on which side of the fence you are standing. And to answer that question to the best of your ability, we’ll have to ask:

What Is Money?

Webster’s Dictionary defines money as something generally accepted as a medium of exchange, a measure of value, or a means of payment. Hmmm. That’s a little vague.

Going back in time, people of the world used bartering instead of money. This is nothing more than to trade by exchanging one commodity for another. Traders would meet at the marketplace and after some haggling back and forth, an agreement would be reached of exactly how much of commodity “A” would be exchanged for commodity “B”.

That leads us to ask: What is a commodity? Simply an economic good. What’s that? Early forms of commodities were food: both produce and livestock. In fact, the term pecuniary is defined as pertaining to money. And this word is derived from the Latin pucinia, which means cow.

Later, metals became a commodity during the Bronze Age. Iron, copper and bronze was all traded along trade routes between merchants. Metals were easier to have a value assigned to them because value was determined by weight. In fact, weight measurements were stamped on smaller pieces, effectively creating the first coins. The benefits of the metals vs. other commodities were their ability to be measure exactly and not being perishable. Of course, the metal most associated as money throughout history is gold. Why has gold over time been the universal money? That’s a whole another debate left to the sociologists of the world to fight over. For our reasons, it is important to know it has been.

To continue reading, go here.

Most people agree and realize they pay way too much interest on their home. And most will also agree that there are several tools, methods and programs that can reduce the amount of interest that homeowners would otherwise fork over to the bank. Where the disagreements occur is deciding which one is best.

Well, there is no best, of course. There is on such thing as a one size fits all solution. However, there can be a best solution as it pertains to the individual. Will the Money Merge Account System be the right system for you? Hard to tell.

The Money Merge Account is a tool. Just as a circular saw is a tool. Or a jackhammer. Or the internet. A tool may be used properly or it can be abused. The point here is will the Money Merge Account System be the proper interest reducing tool for you?

As a tool, the Money Merge Account System can :

Assist the homeowner to determine if a spending decision is logical or irrational. The program can show the effect a major purchase has on the payoff time of their mortgage.

Assist the homeowner in creating a budget that is right for them and help them stick to it. A wrong budget will be restrictive and the homeowner will not follow it.

Assist the homeowner with understanding their finances and taking control of them vs. ignoring them. Knowing how much discretionary income you have each month and what it is doing for you is critical to controlling your financial picture.

Assist the homeowner in borrowing from himself rather than the banks. By utilizing the banks power of amortization for their benefit, homeowners can drastically reduce the amount of interest they pay over the life of their loan.

Like any tool, the Money Merge Account program can be used for the benefit of many homeowners. And, like any tool, it will not be the right one for some others. Is it right for you?

Get Your Free Money Merge Account Analysis Today!

A curious thing happens when there is a new development the marketplace. Human beings, who are naturally social, gravitate to one side of the fence or the other. In fact, the more revolutionary the product, service or concept happens to be, the more passionate both sides become. This certainly seems to be the case with the Money Merge Account created by U 1st Financial. While this product is no longer brand new, the dialogue about it on chat rooms, blogs and even mainstream media seems to be increasing.

There is more and more verbiage being spewed on both sides and this has led to some, shall we say, exaggerations, by each camp. How does one determine fact from fiction? Or if a product like this is right for you? This is certainly not a one size fits all cure for everyone. This planet is made up of so many different types of people that such a perceived solution is really ludicrous. For every person that meets the criteria, there will be one that does not. For every person that really needs this program, the will be another that does not.

So, how does one make the decision that this program is right for them. I wish I was so eloquent that I could write a perfect article to help you make a decision. I don’t believe that one exists. However, this article is very good.

No matter what, do your own investigations and make your own decisions. Resist the urge to blindly join the herd on either side of the fence.