Not Your Average Financial Podcast™

Think different about your money, your economy and your future. Be curious. Be stable. Be sane.

Episode 33: Bank On Yourself Loans & Getting Out of Debt

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_33.mp3

April 20, 2018 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_33.mp3

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In this episode, we ask:

  • Shouldn’t we pay down our debt first before doing anything else with our money?
  • How did Pamela Yellen’s husband “make a profit” on his heart surgery?
  • How can you reduce or eliminate your debt and increase your savings at the same time?
  • How can policy loans help you get out debt?
  • What is the first thing you should do to get financial freedom?
  • How can money keep growing as if you didn’t take a loan?
  • Should I wait until I’m debt free to start a Bank On Yourself designed policy?
  • What’s the snowball method?
  • What is the bomb cyclone method?
  • How does lost savings affect long term financial goals?
  • Are you missing out on retirement income?
  • How does this affect a mortgage timeline?
  • How can you eliminate student loans?
  • How can you supercharge your debt payoff?
  • See the Tale of Two Brothers Part 1
  • See the Tale of Two Brothers Part 2
  • What happens when your available loan value equals the loan balance?
  • What is better than paying cash to pay off a house?
  • What happens when you pay a policy loan back?
  • How can you pay off debt without losing the growth on your money?
  • How can use this strategy for student loans?
  • How can use this for financing a car?
  • How can use this for mortgage acceleration?
  • How can you get out of credit card debt?
  • How can you start saving?
  • How many applications are there with this strategy?
  • How can you get out of the debt without starting “at ground zero”?
  • What do you get after you’re debt free?
  • How do you keep the loan company happy?
  • In what ways can you utilize the snowball method on steroids?

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