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Follow on Google News | A Mortgage Free Home: Starting Point to Financial FreedomAre you dreaming of financial freedom? If so than owning a mortgage free home may be the first step you need to take to make this possible
By: Tom Piccirillo Many people talk about the desire for financial freedom, but they have no idea how to achieve this state of nirvana. What actually is financial freedom, and what does a person have to do to get on the road to financial freedom? Usually the largest expense a person has is their home. If a person can own a mortgage free home then they have taken their first step towards freedom. Financial freedom is achieved when one no longer has to work to cover their monthly expenses. Sound impossible? Not necessarily, as long as you develop a plan and adhere to it. Short of winning the lottery, it will not be an overnight process, but it is achievable. For many people debt is the greatest drain of their income. This includes their mortgage, credit card debt and car payments. The faster one can eliminate or minimize their debt, the less income they need to achieve financial freedom. Unfortunately, for many the thought of becoming mortgage free seems impossible. If you no longer had a mortgage, how quickly could you retire the remainder of your debt? What if there was a system that would not only help you retire your mortgage faster, but allow you to retire all of your debt quicker? Recently, a system has been introduced to North America that helps consumers do this. It is based on financial practices that the banks and companies use everyday. The system can cut the repayment of a mortgage that has 25-30 years remaining to 7-12 years, potentially saving the user $100,000. Other countries have used this type of mortgage acceleration program for about twenty years, and now it has been adapted to the financial environment of the United States and Canada. If you are able to write a check and perform some basic actions on the computer, then you are able to use the system. The system can achieve these results without refinancing the existing mortgage. For the person that follows the system, they do not even need to make any changes to their current lifestyle. The system does not require extra monthly payment, and it is not a bi-weekly mortgage. Once the consumer eliminates their debt the feasibility of financial freedom becomes a reality. How much income would you need to be able to pay your expenses if you had no debt? You now can be undaunted at developing the means of providing this amount, whatever it is. For more information on developing a plan to financial freedom and paying off your mortgage visit: United States & Canada - http://www.loananger.com # # # AMP provide businesses and individuals with the services they need to be successful. Our services include branded apparel, promotional items, branded email, merchant processing, commercial loans, video email, email blasting, insurance, payroll services. End
Page Updated Last on: Sep 01, 2008
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