Refi-Alternative

Refi-Alternative

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07/02/2024
06/10/2024

I am befuddled when people boast that they don't want to eliminate debt because they are already investing! I want to say that's like running a one-legged race. Your one leg maybe robust, but you'll not get there as quickly as if you utilized both legs.

Perhaps a basic understanding of the balance sheet is in order:

Add $1 to Assets = increase Net Worth by a Dollar.

Reduce Debt by $1 = increase Net Worth by a Dollar.

Add $1 to Assets & reduce Debt by $1 = increase of NW by $2.

Ping me to discuss how to optimize use of both legs!

04/25/2024

I am laughing at myself because in the throes of yesterday's never-ending task list, I literally booked an all-day block of time entitled "DO EVERYTHING!" 😅

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