We guarantee you’ll never look at debt
(and how you pay it) the same way again…
“Compound interest is the 8th wonder of the world.
He who understands it, earns it…he who doesn’t, pays it.”
– Albert Einstein
– Albert Einstein
45 Million Households In America Share
$23.2 TRILLION In Personal Debt –
But The Problem Isn’t Your Debt…
The problem is, on average, 30% of that number is being used by the “Fat Cats” to…
…build their Ivory Towers
…buy their Gulfstream Jets
…and to spend “Summer in the Hamptons”
You see…
On average – each and every single month, over 30% of the total amount you pay towards debt, whether that be…
- Car payments
- Student loans
- Personal loans
- Credit cards
Or even your mortgage is…
Only Used To Pay Off Interest!
These financial institutions and the “Fat Cats” who run them, are compounding THEIR wealth with your money.
You see – a large chunk of the money you pay back on amortized loans – isn’t just paying back the money you owe.
It’s paying a relentlessly compounding interest figure.
The longer the loan term – the more that figure grows exponentially.
Hence why – the total amount owed for a mortgage – will on average be made up with as high as 50% in JUST INTEREST PAYMENTS. It’s like paying for your house…twice!
Not really fair, is it?
And even when or IF you do manage to clear of your debt – what happens next?
You may need to borrow money for something else.
And the cycle continues
But first, we’d like to discuss…
“The BIG mistake most Americans are making
when it comes to paying back debt…”
Most Americans are simply making the minimum payments on their debt, and are using any additional money they have to…
But unless your returns from those endeavors beat (or at the minimum – match) the embedded interest rate within your debt… Then financially – you’re still worse off…
- Make additional contributions to their 401k
- Saving within a cash account (beyond a “rainy day” fund)
- Investing in the stock market
- Or playing roulette with crypto coins and NFTs…
But unless your returns from those endeavors beat (or at the minimum – match) the embedded interest rate within your debt… Then financially – you’re still worse off…
Let us explain using an example…
Let’s say you theoretically have…
A combined debt total of $86,200. And $1,457 in debt payments each month. Do you know how much of that “$1,457” payment goes to paying JUST interest?
- Car payments at $585 per month, with a total loan amount of $18,500 – and an interest rate of 3.25%
- Student loan payments at $647 per month, with a total loan amount of $63,000 – and an interest rate of 6.75%
- And just ONE credit card, payments at $225 per month, with a total loan amount of $4,700 – and an interest rate of 21.9%
A combined debt total of $86,200. And $1,457 in debt payments each month. Do you know how much of that “$1,457” payment goes to paying JUST interest?
$490.25 (33.65%)!
That figure is what’s known as your embedded interest rate.
It’s the sum total of interest you pay on your combined debt.
That’s what we mean, when we say – unless the returns you’re getting from any form of saving or investing is BEATING that figure (33.65%) – you’d be, financially, far better off extinguishing your debt.
Maybe you’ve heard about “snowballing” before – where you DO take any additional money you can afford, roll it up and start paying off your debt?
The problem with “traditional” snowballing…
Snowballing was made popular by the world-famous personal finance personality – Dave Ramsey.
But it has ONE major flaw.
What happens when your debt is paid off?
You’re debt-free? Correct.
But what happens when you want or need a new car?
What happens when you want to move to a bigger house for your family?
Or you need to borrow money for some unforeseen emergency?
You end up, right back in debt…again.
And you’re back to paying ridiculously high interest rates…again.
That’s where Retire Your Debt comes in…
How Does Retire Your Debt Work?
Here at Fractional Financial Services, we take a unique approach to “snowballing” to not only eliminate debt…
But to make sure you never end up in debt again.
Not only can we help you pay less debt – pay it off faster – but with our exclusive specially designed insurance contract – you’ll always have a nest where you can borrow from yourself and never need to take out an amortized loan again.
Meaning?
More money in YOUR pocket – because you’ll never be subject to the relentless compounding and ridiculously high interest rates being charged by the financial institutions.
We help you flip the script and STOP paying compound interest – and start EARNING compound interest.
What’s the catch?
There is none – nor are we asking you to sign up for anything here.
The first step is simply getting clarity on where you stand.
Down below, we’ve put together a unique “embedded interest calculator” to help you truly discover how much interest you’re paying on your debt.
What to do next?
3 steps to Retire Your Debt
Step 1 Calculate Your Effective Interest Rate Using The Calculator Below
Using the calculator below – input the prompted information about your loans:
If you don’t have the information on hand and would like to come back to this page – click the button below, input your name and email address and we’ll forward you a link to this page to come back to:
- The Type Of Debt
- The Name Of The Account
- The Total Remaining Balance
- The Minimum Payment Required
- The Interest Rate On Your Loan
If you don’t have the information on hand and would like to come back to this page – click the button below, input your name and email address and we’ll forward you a link to this page to come back to:
Step 2 Discover Your Effective Interest Rate & Get Your FREE Debt Free 4 Life™ Report
Once you’ve calculated your embedded interest rate – we’ll forward you a free report.
In this report, we’ll outline (with a Debt Free 4 Life™ Plan) how much less debt you could pay – how much faster you could pay it off – and the cash total you’ll have remaining at the end.
Step 3 Book A Retire Your Debt Call With One Of Our Advisors
Once you’ve received and reviewed your free report, you’ll be given the opportunity to speak with one of our advisors to see if we can help.
On this call, we’ll review your numbers with you, review your report and look at potentially implementing your very own Debt Free 4 Life™ Plan.
On this call, we’ll review your numbers with you, review your report and look at potentially implementing your very own Debt Free 4 Life™ Plan.
Effective Interest Calculator
Discover how much interest you’re truly paying on your debt!
Use the calculator below to find out what percentage of your debts go to paying just interest.
Use the calculator below to find out what percentage of your debts go to paying just interest.
Enter each of your debts along with their current balance, minimum monthly payment (please don’t include additional principal payments), and the loan interest rate. As you enter debt information, your Current Net Effective Interest Rates will be calculated.
Retire Your Debt Info Request
FAQ
NO. Retire Your Debt is a modified approach to snowballing debt that leads not only to the accelerated payment of your debts but also to having capital set aside, in the future, for items you'll purchase without having to ever apply for a loan or mortgage again.
NO. Refinancing your existing debt isn't eliminating your debt. Retire Your Debt uses a specially designed insurance contract to constantly compound your capital so future debts can be funded by you without the use of loans. It's the opposite of refinancing - it's eliminating. Your Retire Your Debt advisor will guide you every step of the way.
NO. It's an accelerated approach to eliminating your debt and building permanent capital so you have a spending plan for the future - so, you can buy what you want without the burden of a loan or mortgage.
Credit cards, student loans, car loans, boat loans, personal debts, mortgages, lines of credit, business debts - really anywhere where an amortized loan is driving your embedded interest cost higher than 10%.
NO. Your credit will not be pulled and is not necessary to use for the Retire Your Debt process to help you eliminate debt and stay debt free for life!
