Now here is a simple trick that you can use to turn pocket change into millions. First and foremost, the second biggest cost you will ever face is interest. Interest is what the bank pays you to save and what you pay the bank to borrow. The reason it’s a ripoff is because you pay the bank lots and they pay you little. What if I could show you how to get rich investing in your own debt and ripoff the bank out of their fortune??
Do you have any change in your pocket? Good, take the change each day and put it into a jar. At the end of the month take the contents of the jar and pay down your credit card at 20%. Do you miss the money? No, I didn’t think so.
Now each month you took, say $1.00 each day or $30 and paid down your credit card. If you had a $2,000 balance and made the minimum payments, you would have paid $4,360 in payments and taken almost 10 years to pay it. Because you paid xtra with money you didn’t miss, you paid it off in 4 and a half years and it only costs $3,025. You only used money you didn’t miss and saved $1,335. Now put the $1,000 back to work and Ill show you how to do that and blow the $335. Go blow it on whatever you want, I don’t care, because by doing just this over and over you will have over a million dollars someday.
