How to pay off a 30 year mortgage in 5-7 years - Answers to the Most Frequently Asked Questions!

Since posting my first video “How to pay off a 30 year mortgage in 5-7 years” many have reached out to me directly or asked me in the comments these 6 questions repeatedly - 1. How do you pay for your mortgage/student loan/car loan using a credit card? 2. What happened to the credit card interest? 3. Why not use your savings to pay off your credit card and/or car loan then reduce how much money goes into savings and have the same amount going towards the principal paydown directly without the hassle of having to deal with a line of credit it is much safer and for emergencies I don’t carry any balance on my credit card and if I do need access to money I can access my credit card then? 4.Why not save up the $12K over the 6 months in a savings account let it grow interest and pay more off and not have to pay interest on a line of credit? 5. Where did I learn this? 6. If I live paycheck to paycheck and do not have any savings will this work if I make less than $5k/month? Watch my video to get the answers and to better understand why a line of credit beats using cash or savings when it comes to paying off loans. ► Financial Literacy/Real Estate Investing Course - Please email me at [email protected] for more information. ► Link to the credit card spreadsheet- https://docs.google.com/spreadsheets/d/1N8R0jPs3NZ8aAuRuKwAY2G77dAiyQ4YLGehXpn7geXY/edit?usp=sharing 👇SUBSCRIBE TO MY YOUTUBE CHANNEL HERE 👇 https://www.youtube.com/channel/UCk7maulguO8YpXzI9MwntfQ?sub_confirmation=1 ★☆★ CONNECT WITH ME ON SOCIAL MEDIA ★☆★ Facebook: https://www.facebook.com/Laura-Pitko-1464576883611081/ Instagram: https://www.instagram.com/laura_pitko/ #LauraPitko #Mortgage #FinancialStrategies DISCLAIMER: I (Laura Pitkute) am not a financial advisor, real estate broker, a licensed mortgage broker, not a certified financial planner, not a licensed attorney, and not a certified public accountant, therefore please consult with a competent professional prior to engaging in any financial strategies.