How to Reduce Mortgage and Auto Debt

How to reduce mortgage and auto debtOwning 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



Leave a Reply

Follow The Money Coach

Enter your email address:

Delivered by FeedBurner

Disclaimer

All information on this blog is for educational purposes only.  

Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney.

If you need specialty financial, investment or legal advice, please consult the appropriate professional.

Per FTC guidelines, this site may accept advertising, affiliate payments or other forms of compensation from companies mentioned.

Details of any products, services, prices or offers highlighted on this site may change, so check with the company or provider for up-to-date terms.