How to Reduce Mortgage and Auto Debt
Owning a home is part of the American Dream. But it can quickly become a nightmare if you’re not prepared for all the costs that come along with homeownership. When most people purchase a new residence, they focus mainly on whether or not they’ll be able to afford the monthly mortgage without giving much thought to taxes, insurance, regular maintenance, repairs, utilities and other expenses. In the end, that home becomes a cash-drainer that feels less like a castle, and more like a financial prison. The same thing happens to those who buy or lease new and used cars without considering the true cost of ownership.
In this session you’ll learn:
- How to evaluate how much house you can truly afford even if you’ve lost your job
- What to do if your mortgage debt is too burdensome
- The pros and cons of refinancing your home
- How to avoid foreclosure when you are behind on your mortgage
- Why your existing banker/mortgage company may be your best friend in a cash crunch
- The truth about financing new and used cars
- The advantages and disadvantages to leasing a car
- Smart ways to rid yourself of auto payments while preserving your credit rating
- How to refinance your vehicle loan to save money and MORE!
Length – 60 minutes
Format MP3 Audio
Lynnette Khalfani-Cox, The Money Coach
Download now for just $5.99






