Adkins Setup01-2: Why Your Mortgage Balance Isn't Moving
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Myth-Busting (Setup 01) #2: Why Your Mortgage Balance Isn't Moving
[Hook]
Have you ever wondered why it feels like you're making good money...
...but your mortgage balance barely seems to move?
[Explain]
Here's one reason almost nobody talks about.
Every payday, your income lands in your chequing account...
It sits there...
Bills come out over the next couple of weeks...
And the whole time, interest is being calculated on your full mortgage
balance every single day.
Now imagine flipping that around.
What if your paycheque landed against your mortgage first...
...and every dollar immediately started reducing the balance that interest is calculated
on?
You're not earning more money.
You're not making bigger mortgage payments.
You're simply putting your cash flow to work the moment it arrives.
[Illustrate]
That's exactly what John and Wendy did.
When we first met, they had a 30-year mortgage ahead of them.
By changing the structure, not their lifestyle, they're on track to have
it paid off in just 8 years.
[Teach]
Same income.
Same monthly expenses.
Completely different outcome.
Comment PAYCHEQUE and I'll show you exactly how the numbers worked.
Or, simpler: "Follow me for more like this."