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and you'll be a believer!
Questions
about money, debt and investing we answer in Two Steps To Wealth.
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"My wife and I are nearing retirement age and really couldn't see any way we
could ever have enough money to quit working a job. I believe we now see the light
at the end of the tunnel. We discovered the proper order to pay off our debt and
will be debt free in
3 years 9 months. I'm glad
I've gotten to know you ..."
- David L.
Click here for a list of SPECIFIC QUESTIONS
that are answered in Two Steps To Wealth.
'My people are destroyed
for lack of knowledge.' --Hosea 4:6
"I have taken other similar courses
and none of them have gone into the detail presented in Two Steps for Wealth. I look
forward to applying the knowledge that you share."
- Marty J.
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Turn $300 a Month In Credit Card Payments into $1 Million Dollars in Just 13
Years!
First, let's make an assumption as to
the size of the credit card balance.
 The average America family
currently
carries a combined total of $9,000 on revolving credit cards, such as VISA,
MASTERCARD and DISCOVER.
The second assumption we have to make is
that the minimum monthly payment on their credit card balance comes to 3% of the
total, which historically has been what most card companies have required.
In this example, a 3% minimum monthly
payment on a $9,000 balance would come to $300 a month, so that's the figure
we'll work with.
Let's assume that instead of spending those $300 each month in credit card
payments that the family in this example is debt free according to the
techniques taught in Two Steps To Wealth.
Let's also assume they can get an average
3% monthly return on their money. Now, if that sounds a little high to you, and
perhaps even risky, rest assured that it's not! We will show you in Two Steps
To Wealth how easy it can actually be.
Finally, let's also assume that the money
will grow tax-deferred in an IRA account, that they never withdraw any of the
funds, and we'll ignore the effects of inflation for purposes of this exercise.
So what's the answer? Are you sitting down?
$300 a month grown at 3% a month over
just 13 years comes to $1,025,901.65.
So the next time you go to whip out the
plastic and charge something you could easily live without, just stop and ask
yourself:
 If I could
jump forward 40 years and interview myself, would I agree with his
decision?
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