Debt Elimination Seminar Part 1

@jules4Him 3 жыл бұрын

This definitely works. My husband (now passed) and I did this in 2003 when the kids left home and we found ourselves in crazy debt. We bought a singlewide very cheap and fixed it up and we went to work on debt. By 2008 we had paid off the property and 30K CC debt and car. He had a good govt. job but we lived up to our means too long. We were able to buy a retirement home for cash and came into retirement with no debt. If we hadn't done that, with him passing just after retirement, I may be looking at living in my car. I am so thankful the Lord led us this way! So glad you are doing this Bill :)

@alvaradacosta293 3 жыл бұрын

That's awesome Julie... An it's such a good feeling to get rid of that debt...the the most important part of it (don't go back into debt) right?

@jules4Him 3 жыл бұрын

@@alvaradacosta293 No we sure didn't go back to any debt and that was the most important part. We continued to save and live modestly. Our retirement home is very modest also. We used to live much larger and realized keeping up with the world was for the birds. It took us a while to listen but the Lord will always lead us to what is best for us down the road.

@Just.D 3 жыл бұрын

House and land paid for. All vehicles paid for. Plenty of Money in the bank. A few credit cards I use just for credit score. Pay off every month. I only buy groceries and some things for house upgrades.

@farhadmahoud394 3 жыл бұрын

Well it seems you've got it under control which is great 😊

@jasonpizzino2047 3 жыл бұрын

Like I always say IT'S NEVER TOO LATE TO DO IT RIGHT.. It's great that you have everything all sorted out and most esp DEBT FREE.. Keep it up..

@florenceperdue6864 3 жыл бұрын

I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@deborahelliott833 3 жыл бұрын

I've always been afraid of being in debt, owned, enslaved. My grandparents left their places to the family and dad left his place to me and my brother. Brother didn't want it so I kept taxes paid. He died and now I'm in full control. The bible says to know well the condition of your stuff and pay good attention to it. To know is the key

@deborahelliott833 3 жыл бұрын

Im placing our six generation land into a trust asap. Maybe this January. How much money is needed in a trust fund I wonder. Will find out when I see my estate attorney next month. Grandparents can fill the gap our children face.

@marissamills 2 жыл бұрын

Very similar to Dave Ramsey’s teachings. Love it!

@LiveSimpleLiveFree 2 жыл бұрын

Yup.

@bessieoriotis5104 3 жыл бұрын

Bill you and Elizabeth learned from your mistakes persevered and practice what you preach.

@lindawade9647 2 жыл бұрын

God bless you, Bill, for this video. I have been feeling so hopeless and frightened with my debt. It began with about $20,000.00 of medical expenses, after insurance had paid, and I have been in increasing debt ever since.

@yesiownfrodo Жыл бұрын

A lot of my friends are having spouses that die, and the cost of a funeral is unbelievable. My dad died in September, and even with us having the funeral in a church instead of the funeral home, and buying the casket online, the cost was astronomical. You could buy a new car for that amount. It was shocking. My mom is almost 80 and told me she doesn't think she'll have to go back to work. I cannot imagine her going back to work, and it kills me that she even had to consider something like that. My word. And they've always managed their money amazingly well. I think they've been debt free for about 30 years. Here's the thing: the funeral has to be paid BEFORE they will let you bury the body. Make sure everyone has life insurance, or at least 20K in the bank for the funeral. And I'm not joking either. And then, do you have living expenses in the bank in cash to keep you afloat? Even if you're debt free, you still need money to live. It's shocking.

@LiveSimpleLiveFree Жыл бұрын

Yes, life insurance is a must. And yes, even debt free, you still need money to live. But you can live on much LESS money when you are debt free because you're not also burdened down with mortgage/rent payments, car payments, credit card payments, etc. etc.

@G.DD3SS 3 жыл бұрын

This is literally life-changing. I'm so glad I discovered your seminar, Bill! It has given me much-needed hope and I look forward to the next few years of my life when I'll be completely debt-free and owning my home outright. Thank you and God bless you!

@LiveSimpleLiveFree 3 жыл бұрын

I’m SO glad! Keep watching the rest of the seminar this week for all of the details about HOW to accomplish debt freedom. 😀

@Lerah99 3 жыл бұрын

Thank you so much for sharing this. I'm working on getting rid of debt and putting away some savings. So this is really timely.

@diamondpaintingwithpearl 3 жыл бұрын

I love to listen to this . I don’t regret living free and simple ... Thank you for sharing this 💖

@dianedeck 3 жыл бұрын

This is great I have been working on trying to pay off debt and I kinda had the concept you were talking about already but to see the way you have it all calculated out is awesome I am definitely going to use this system with your guidance thank you so much. I love it. You and Elizabeth are such sweet people.

@alvaradacosta293 3 жыл бұрын

This is EXACTLY how did mine.. JUST STICK TO THE PLAN... IT TOTALLY WORKS You did an extremely good job on explaining this system.. (I thought myself). An it works like a charm.. Good job buddy I will be sharing this video with family an friends... We all need to get debt free ..just stick to your plan

@LiveSimpleLiveFree 3 жыл бұрын

This is still basically the introduction. I haven’t explained how it all works yet! Watch future episodes for more details.

@SN-uj8pt 3 жыл бұрын

Bill, I think you and Elizabeth are awesome! I do want to suggest that if a person doesn’t have an emergency fund (the customary recommendation from financial advisors is 3 to 6 months worth of monthly expenses, though in these times I’d lean to the larger amount), that it would be a good idea to put part of the extra 10% towards establishing that emergency fund simultaneous to paying off debt. I know this would slow down the debt payoff, but emergencies happen. Maybe at least do this until a month or 2 of expenses worth is put aside would be a good balance. There are some circumstances that arise that just being out of debt and no emergency savings would still not go well. God bless you all!

@LiveSimpleLiveFree 3 жыл бұрын

No. That’s traditional thinking, and it slows things WAY down. Do it my way and you will have emergency funds available but get out of debt much faster and be worth twice as much in the long run. I will be addressing this in episodes to come. 😎

@SN-uj8pt 3 жыл бұрын

@@LiveSimpleLiveFree my concern is that emergencies will come up before the debt is paid off. I will respectfully wait for the rest of your videos on this topic.

@LiveSimpleLiveFree 3 жыл бұрын

@@SN-uj8pt I do explain how to handle this. Also, the sad truth is that very few people even have an emergency fund to start with. So isn’t not like they’re spending their emergency fund to get out of debt, because they don’t even have one.

@SN-uj8pt 3 жыл бұрын

@@LiveSimpleLiveFree True. That’s why I’m suggesting they build an emergency fund so they don’t go into more debt to address the emergencies. Looking forward to hearing your ideas for this. Thanks for all that you and Elizabeth do!

@debjohnson3358 3 жыл бұрын

Excellent information my hubby and I bought a single wide when i retired at that time we had no other debt except our lot rent of 175.00 my husband is seven years younger than I and was a truck driver do having someone else do the lawn maintenance and garbage picture we were living quite well at that time we did a lot of remodelling to our single wide and camper one year after I retired my husband had a defibrillator put in to help him in case he had another heart attack luckily he worked for a company that had a really good long term disability plan it took him 6 months to get his social security disability approved we had kept our expenses so low we made it thru this rough batch we are one of the lucky ones and we are grateful we made the decisions we did when I retired I wish our public schools taught this method God bless you and Elizabeth have a safe and healthy new year

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@leannekenyoung 3 жыл бұрын

I was thinking the exact same thing!! Why is this not taught in school before kids get out on their own and get swamped in so much debt they can’t sleep at night and forget about the current generation ever being able to own their own homes with the high prices of housing how could an average university student with student loans making a decent wage ever see the light at the end of the tunnel? I think understanding debt and compound interest is the most important part and when we aren’t taught it in school we end up learning it the hard way through living it. I believe these principles should be taught from primary grades all the way up through university because it really has nothing to do with the intelligence of a person whether they get in to deep debt or not. It has to do with the person that is paying attention to their debt! If you aren’t paying attention to it you can be darn sure the credit card companies and banks are paying attention to it for you and then trying to entice you to take on even more debt because you are making loads of money and you can afford to. But to what end? For some reason the majority of us fail to ask that question, we just agree with what we are being told because these people are the experts and they are trying to help us with our money right? Wrong!! They are trying to pad their bottom line and increase their bonus cheque at the end of the year regardless of what they tell you they are doing. You can be certain that’s where their focus is. Thank you so much for this seminar I’m looking forward to watching the rest and using the principles that you are teaching.🥰🙏🏻🇨🇦

@pilotdiana 3 жыл бұрын

Thanks Bill and Elizabeth for sharing this. I have 30K in debt and with the calculations I should be able to pay it off in 2.2 years. Woo hoo! I can’t wait for tomorrow’s video.

@LiveSimpleLiveFree 3 жыл бұрын

😀👍

@christiehedges7552 3 жыл бұрын

Thank you for doing this! I calculated my approximate years to be debt free and found out I can do it in 5 years. That is so encouraging! Looking forward to future videos. Thank you so much!

@LiveSimpleLiveFree 3 жыл бұрын

Excellent!

@florenceperdue6864 3 жыл бұрын

I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@diane5819 3 жыл бұрын

I've never wanted something so bad as to be debt free. I feel like I am suffocating

@florenceperdue6864 3 жыл бұрын

I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@gladysperez8156 3 жыл бұрын

Me too. It’s so difficult to have debt at my age of 63 and unemployed. I must now look for several jobs by mid-April, 2021. At this point I want a financial planner to guide me. Seriously. This seminar, sound good for the younger generation and even for me. This, however I live in NYC!🙏

@kevinrehberg8758 3 жыл бұрын

@@gladysperez8156 You have my sympathies for living in an expensive local.... If you are going to seek a "financial planner" find the RIGHT one..Personally I live in a more reasonable economy so the expenses are within my resources limitations, but I save a monthly nut of $125.00 and invest it into a "working CD Ladder"..Currently the Ladder is 60 steps long (5 year) and it has paid for cataract surgeries and helped pay for re-roofing the home.. Its amazing how much an Emergency Fund can accomplish

@2jrts314 3 жыл бұрын

Your right. Any payment amount not paid on mortgages results in foreclosure. Where do people think our country won’t hit setbacks. And our personal lives. Even without a mortgage it’s Still costly with monthly expenses. We live in hurricane central, Florida. You gotta have cash in case along with homeowners insurance. It’s kinda scary. Will you go over social security issues with deductions and expenses😳😳. You guys are good spreading knowledge At this time. We’re possibly at the crossroads now in this country with all the job losses. People are hurting. Heads up everybody. Enjoyed the video.

@LiveSimpleLiveFree 3 жыл бұрын

Sorry, I know nothing about social security, since I'm not there yet.

@fourdayhomestead2839 3 жыл бұрын

I did the math, it'll be 7.3 yrs for me. I'll really have to buckle down (& add small 2nd income) so I can do it sooner.

@ladydrone2345 3 жыл бұрын

l'm approaching retirement in 7 years, and owe $200k CDN, mostly mortgage, 23 years left! I'm scared l don't even have time to pay it off, let alone start investing for retirement. l'm single income but make a decent wage. l'm so looking forward to the rest of this seminar to see if you have any strategies for me.

@farhadmahoud394 3 жыл бұрын

Cheers to that

@ladydrone2345 3 жыл бұрын

@@ellvismaya8874 Stealing someone's identity, logo, and spamming their page can't be considered "advice",

@leeallen8840 3 жыл бұрын

Could you down size to reduce your debt?

@ladydrone2345 3 жыл бұрын

@@leeallen8840 Hi Lee. Unfortunately this is downsized, l bought a 2 bed 1100 sq ft bungalow, but l'm in Canada where the cost of housing is ridiculously high. My mortgage payments are less than the rent l was paying, that is why l chose to buy before retirement, and those payments will never go up.

@leeallen8840 3 жыл бұрын

@@ladydrone2345 I see. Well it is always a good idea to buy property. I live in the UK. Property is expensive here as well. I guess keep going and pay what you can off. We have always lived as if we earn half of what we actually earn. A minimal daily budget for food etc. That has worked well for us. Take good care of yourself and stay safe. Best regards, Lee

@anniecharlotte4469 3 жыл бұрын

This is fantastic! I’ve been working on budget and goals for 2021 for the past week. This is really going to help me a lot. Thanks guys!

@florenceperdue6864 3 жыл бұрын

I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@rickjobs638 3 жыл бұрын

Nice job, Like you I made many mistakes over the years. But when you finally get it your set. You said only 2% are mortgage free. A quick google search said 38%.. Thanks for the video.

@wifemama1 3 жыл бұрын

Thank you! I estimated our current payments+the 10% of gross income and was able to zoom in on the chart: 7 years debt free including our $293000 mortgage! I’m excited!!

@jasonpizzino2047 3 жыл бұрын

Wow, excellent..

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@lizjohnson1199 3 жыл бұрын

Thank you so much for this free info. We have been working on paying off our debt but oh how this will help!!! Bless you both for this.

@florenceperdue6864 3 жыл бұрын

I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@dm1523 3 жыл бұрын

Live like no one else so you can live like no one else.

@donnanorris4733 3 жыл бұрын

This is timely. We will be getting our 2nd stimulus check soon. I was trying to decide whether to save the money or pay down debt. Will be watching the rest of your debt elimination seminar - may help with with making my financial decision.

@florenceperdue6864 3 жыл бұрын

I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@p.sherman3158 2 жыл бұрын

Pay down your debt. Always. You can’t do anything if you owe.

@tyleranez2990 3 жыл бұрын

This past month happy to say zero credit card debt first time since 2011.

@LiveSimpleLiveFree 3 жыл бұрын

Wow! Congratulations!

@gailjohnson6670 3 жыл бұрын

Thank you for the video. Blessings in your days.

@christigoodeating 7 ай бұрын

Hi Bill, I wanted to let you know that we have been applying some of your principles, and we are almost debt-free. Under $2,000

@LiveSimpleLiveFree 7 ай бұрын

Excellent! Congratulations!

@beverlysyferd379 3 жыл бұрын

Thanks. Enjoyed your first segment.

@dianedodd8944 3 жыл бұрын

so, I watched your old budgeting videos and these and just so you know I had 5 or 6 credit cards with balances and now I just paid off my SECOND to last card with my stimulus check. IT WAS SAD TO SEE IT ALL GO + other funds as well, but a bit of a relief. On to the next debt!

@LiveSimpleLiveFree 3 жыл бұрын

Excellent! Thanks for letting us know.

@LiveSimpleLiveFree 3 жыл бұрын

Good job! 😊👍🏼(Elizabeth)

@grandmasewhappyhomestead187 3 жыл бұрын

This is actually what I'm trying to walk through right now. Make choices and trusting God for the next address where I will be mortgage-free. I should have been mortgage-free I've been in my house 36 years but had an ex-spouse that kept refinancing and I'm just trying to clean up and make sense of things over the many years

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@yesiownfrodo Жыл бұрын

at 22:00 the fine print says "this assumes ... 10% return on savings during investment period" but I don't know anyone making that kind of return on investment. Right now, savings is making less than 1% and if you don't meet the minimum, you have a monthly maintenance fee, so you're actually losing dollars. It's very sad. I don't know what the answer is. When my dad and mother made their money off of their investments, they were getting 12%, but that was around 1998, or 2000, right around that time. I really want to become like the two of you. I live pretty frugally, but I'm glad that I've finally learned my lesson. Like you, I had something devastating happen to me (an illness) that totally changed my income and left me with a lot of debt. It's been traumatic.

@LiveSimpleLiveFree Жыл бұрын

This debt-elimination plans assumes that you have the same income that you had when you acquired the debt in the first place. If your income has decreased, it definitely makes it much more difficult. But it is still usually possible. It'll just take longer. There is no way that you will ever get a 10% return on savings. Savings in the bank is not an investment! I'm not an investment specialist, but there are many ways that money can still earn 10%, even in today's economy.

@yesiownfrodo Жыл бұрын

@@LiveSimpleLiveFree Hopefully I will learn more from you all. My dad always said to not invest money you're not willing to lose. When the Japan markets crashed they lost an amazing amount of money, it was scary. They never recovered that money in almost 30 years, it was gone.

@mariebarnes416 3 жыл бұрын

Thank you for sharing. God bless you and Elizabeth.

@florenceperdue6864 3 жыл бұрын

I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@JanesDough855 3 жыл бұрын

I bought my first house in 2009 in my mid-50s. What was I thinking? But who knew what the future was going to bring. Honestly, I lived in an upper flat with radiators and should have stayed there and put up with it. The heating costs were out of this world. But I WAS saving money. If I stuck it out, I'd have a lot of money to buy a very nice home when I retire. I am already 65 and looking to retire in 2022, but will have to work part time. I cannot keep this house on my social security and am not going to use up my investments to live day to day. Keeping options open, maybe I can buy some land up north and buy a tiny home or build a small cabin. Am getting rid of things now.

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@sta1V1ina 2 ай бұрын

It's been 3 years, how are things going?

@galemartin3277 3 жыл бұрын

I married a pastor just over 13 yrs ago. Both of us previously widowed. He's almost 74, he gets social security (less than $700) so has to pastor a small church ($1000) per mo, and he tunes pianos. Too late, and no money left over to invest. After rent and a car payment. 🤷‍♀️

@BrianBerriosOne 3 жыл бұрын

if youre renting a home, utilize a sunny area and grow plants. Sell the plants to your congregation and local area. Search on youtube mikes backyard nursery for more detail approach.

@galemartin3277 3 жыл бұрын

@@BrianBerriosOne thank you

@judyshema6191 3 жыл бұрын

Very Amazing!

@rosajimenez1337 3 жыл бұрын

Credit enslaves you. Nothing like living debt free.

@jeanblythe1595 3 жыл бұрын

This is excellent :-) Thank you so much!!!

@jan6293 3 жыл бұрын

Makes sense Bill thanks!

@florenceperdue6864 3 жыл бұрын

I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@nancyh2378 3 жыл бұрын

Thank you.

@alvaradacosta293 3 жыл бұрын

My debt will be paid off in two months... But, can you attach a PDF of that spreadsheet that your using so that others can follow your awesome spreadsheet.

@joyg8904 3 жыл бұрын

I'm happy so many will be helped. I'm a tad depressed as it'll be 10 plus years for me and we're in the older age group. 😒 My only hope is GOD.

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@morgannaturcotte1843 2 жыл бұрын

Oh my im already retired and lost my husband 2 m ago. I still have a mortgage. I went back to work before he died. Worked from home so i could still b with him. Now i could not quit my job because i wouldn't survive on my pension. Mortgage and expenses are all i have.

@LiveSimpleLiveFree 2 жыл бұрын

Any little bit you can come up with to pay extra on principle will help get out from under the mortgage. We know it is very challenging. So sorry you lost your husband. ❤️

@morgannaturcotte1843 2 жыл бұрын

@@LiveSimpleLiveFree sick with lung and pancreatic cancer for 4 yrs. I have paid towards principle. Im down to my 20s.

@LiveSimpleLiveFree 2 жыл бұрын

You’re on your way! ❤️

@leisacarnahan7647 3 жыл бұрын

Absolutely awesome! Our came out to 7 years, but I think it will be less than that because three if our debts will be paid off in January. Then I will re figure it out to see where it will fall. Is there a way to share your handouts so they can be printed out for all who are watching and wanting them? Thank you Bill and Elizabeth! My husband is retired but I am not but will be in four years and five months when I am 62. Hubby will be 65 in three months.

@LiveSimpleLiveFree 3 жыл бұрын

I cannot share the handouts. But in the next video I will go into much more detail, and the handouts will no longer be necessary.

@florenceperdue6864 3 жыл бұрын

I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@sj6728 3 жыл бұрын

2 years

@LiveSimpleLiveFree 3 жыл бұрын

Wow. Excellent!

@lindawade9647 2 жыл бұрын

I am doomed. I am retired and only have a little more than $20,000.00 a year to live on and about $15,000.00 in debt.

@rustykatt3870 2 жыл бұрын

Hi Linda, could you supplement your food costs by utilizing food banks or pantries? Perhaps there is a seniors or social service organization which can assist with energy credits or other forms of assistance? All the best to you! Hugs! 🤗

@lindawade9647 2 жыл бұрын

@@rustykatt3870 I can't eat sugar, soy, and processed foods. I have a limited diet because of health issues.

@newguyguy2578 9 ай бұрын

Isn't this the Dave ramsey plan??

@halleluyah757 3 жыл бұрын

The use of "credit" is not the same as Debt!

@LiveSimpleLiveFree 3 жыл бұрын

What? Of course it is!

@martijory3634 3 жыл бұрын

In some states it’s easier to be debt free. I live in an area where the cost of living is very high (ex: a 2 bdrm condo under 1000 sq ft. Is around $600k) I’m managing my debt until I retire and move to a state with a lower cost of living.)

@farhadmahoud394 3 жыл бұрын

That's a whole lot.. hope you get to accomplish ur plans really

@jasonpizzino2047 3 жыл бұрын

Not so great situation but I'm glad you've got plans.. I suggest you make investments

@florenceperdue6864 3 жыл бұрын

@@jasonpizzino2047 I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@rustykatt3870 2 жыл бұрын

Bill...if you guys were on the verge of being homeless, would your family members taken you in?

@LiveSimpleLiveFree 2 жыл бұрын

Our children had very small homes. Literally no spare room. And we had no other family close to us at all. God was very faithful in helping us find our tiny house solution.

@MiscMitz 3 жыл бұрын

I'm at $39k

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@MiscMitz 3 жыл бұрын

@@florenceperdue6864 I'm working on my credit now. It was difficult purchasing a vehicle at 30 because the one I just bought with cash broke down and couldn't afford to repair it. Up till then I had never used cash so was a credit ghost. Unfortunately I fell into the "get this card to build credit" trap and now I am in debt but working my way out. Thanks for the info.

@florenceperdue6864 3 жыл бұрын

@@MiscMitz you're welcome, thank me later

@deedee200 2 жыл бұрын

Where can I get a copy of the Calculating Your Debt Payoff Worksheet? Thank you for the seminar, it has inspired me to tackle mine. Thank you & Blessings

@LiveSimpleLiveFree 2 жыл бұрын

Sorry, that is not available. But that's just a quick estimate. As you work through the rest of the videos, you will be able to calculate EXACTLY when you will be debt free.

@maryathey280 2 жыл бұрын

Have a question for you Bill, how do you and Elizabeth do for medical coverage - that's right you are retired Army - so your medical coverage is covered am I not correct? Do you know I have medicare - I'm age 80 - which does not coverage a lot even the Medicare Advantage plans - always have monies due and I live on a SS income only - so I do have to pay some of my living expenses by charge card - so how does your debt free philosophy work that situation?

@donnaworks6352 3 жыл бұрын

Can you please put the paper work for the seminar on debt in the description so I can print them off Thank you

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@sharonoleary9935 3 жыл бұрын

Is there a possible way you could link printable forms for us to look at? awesome info

@LiveSimpleLiveFree 3 жыл бұрын

Sorry, no. Part 2will give you much more detailed info, and these forms in part 1will no longer be necessary.

@sharonoleary9935 3 жыл бұрын

👍

@debracook530 3 жыл бұрын

Is there a way to get a copy of the worksheets and charts?

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@robinlanter4287 3 жыл бұрын

Do you have the paperwork you passed out for the class that online people could download so we could follow as if we were in person?

@LiveSimpleLiveFree 3 жыл бұрын

No, I do not. Sorry. For the worksheet, you should be able to see the columns I made and make one yourself.

@robinlanter4287 3 жыл бұрын

@@LiveSimpleLiveFree I found your Facebook page and sent a friend request.

@freedomacreshomestead3723 3 жыл бұрын

Hello, where can you find the worksheets that you use in the video? Thank you

@LiveSimpleLiveFree 3 жыл бұрын

They are not available, sorry

@freedomacreshomestead3723 3 жыл бұрын

@@LiveSimpleLiveFree That's okay.Thank you😊

@CRRBennett 2 жыл бұрын

this is a different method than I have seen and it really is amazing! I have question, when you apply the margin rollup, you are applying it to the first payoff only when actually paying the monthly bill and still paying the set/min on the others until the first one is paid off, correct? Then you roll the entire amount of the one you paid off including the margin rollup to the next one.? is this correct? Thank you!

@LiveSimpleLiveFree 2 жыл бұрын

Yes, that is correct. Concentrate on paying off one at a time with the roll up margin and make the minimum payments on all the others.

@CRRBennett 2 жыл бұрын

@@LiveSimpleLiveFree thanks

@mikesmallarz2072 3 жыл бұрын

Being in the army for 24 years, you must have had a pension.

@LiveSimpleLiveFree 3 жыл бұрын

Yup. 😀

@LiveSimpleLiveFree 3 жыл бұрын

It started at age 60.

@sharonoleary9935 3 жыл бұрын

And why gross? And not take home? As take home is the actual money I have available to work with?

@LiveSimpleLiveFree 3 жыл бұрын

Use take home if you want. It will just take you a little longer.

@Savannah-ed4rv Жыл бұрын

Can this be done with a 5% accelerator amount, or would that be a waste of time? I don't think I can come up with 10%.

@LiveSimpleLiveFree Жыл бұрын

Yes, you can certainly be done with a 5% Excelerator margin. It will just take a little longer. But as you get further into these videos, you will find more ways to save and increase your Excelerator margin. The key is that you must be motivated to do it. Hopefully, by the time you finish that series, you will be motivated!

@jasminehorsfall5375 3 жыл бұрын

is there anyway you could post a PDF of the worksheet?

@LiveSimpleLiveFree 3 жыл бұрын

Sorry, that is not available at this time. But if you watch part 2, you will see that you can figure it all out in much more details, without the worksheets. This video (part 1) gives you a rough estimate of when you will be debt free. In part 2 you will be able to figure out TO THE MONTH, exactly when you will be debt free.

@Nerd3927 3 жыл бұрын

$ 56000,- a year? That is a lot of money..... The most frequent (modaal) income in NL is 34.000,- before taxes.

@LiveSimpleLiveFree 3 жыл бұрын

Are you talking US dollars? 34,000 is not far above poverty line! Americans can easily spend 15,000-20,000 per year just for rent or mortgage. Some places, like New York or San Francisco can cost $3,000 per month just to rent a small 2 bedroom apartment! That’s 36,000 per year JUST for housing!

@Nerd3927 3 жыл бұрын

@@LiveSimpleLiveFree No, the 34000,- are in Euro so in dollars that would be $ 41.480,- After taxes you would have about $ 30,744 in your bank account. I make way less than that btw, and consider my self well off :-) In my previous life I made that as a System Administrator. Minimum wage is at $22.296,- before tax and about $ 17.568,- after tax.

@MsMtshasta 3 жыл бұрын

Where can I access the debt elimination calculator? That is the part of my debt elimination part I am really anxious to know

@LiveSimpleLiveFree 3 жыл бұрын

The form I have here is not available online. But in part 2 we will go into much more depth, and you will know - to the month - when you will be debt free.

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@2009glories 3 жыл бұрын

Unfortunately, if your marriage partner does not want to establish this plan, you can be out of luck and in very bad financial condition. It is a lot worse if this is the situation, and then if the person is having health problems due to unwise health choices this can destroy any security you might be working towards. If divorce is no option things get scary pretty fast. I mean, suppose either you or your wife have a major health crisis and need 24 hour care this can destroy your security. How do you factor that in?

@LiveSimpleLiveFree 3 жыл бұрын

Yup, both spouses have to be on board in order to make this work. Unfortunately, there is no way to factor in major catastrophes like health issues, especially at the beginning. And sometimes bankruptcy is the only recourse. But as you get closer to debt freedom, and especially after you are debt free, you will have more resources available to you to help deal is catastrophic issues.

@whyme7996 3 жыл бұрын

It's called being unevenly yoked...and it is always a disaster. For catastrophic health issues...you can always get long term health care insurance. It usually isn't a feasible choice until into your fifties but it is an option.

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@stephaniebohn9002 3 жыл бұрын

How can I get copies of your forms from your seminar?

@florenceperdue6864 3 жыл бұрын

I got a few companions who couldn't lease or even get contract because of low credit assessment. It was turning into a worry since a portion of my companions have their own cash to lease a house yet neglect to meet credit prerequisites, What I do is allude them to my own programmers and credit specialist known as Credit MasterFix LLC represents considerable authority in overhauling, fixing and boosting of FICO rating for all time as a rule in a short period of a time. Credit Masterfix LLC are the best, for fast response email 'Royson@creditmasterfixllc.com'

@beckiblack859 3 жыл бұрын

This is fantastic, Bill! I'd really like to print out all the pages you show on this video so I can pass this along to my kids. Is there somewhere I can go to find these pages to print? Thanks.

@LiveSimpleLiveFree 3 жыл бұрын

No, sorry. These pages are not available to print. In the next episode, we will go into enough more detail that those forms will not be necessary.

@beckiblack859 3 жыл бұрын

@@LiveSimpleLiveFree I was able to find something similar online. :)

@Savannah-ed4rv Жыл бұрын

@@beckiblack859 can you share the link? Thanks..

@beckiblack4651 Жыл бұрын

@@Savannah-ed4rv I'm sorry - that was a long time ago and I no longer have the link to the pages I found.

@christinehughes3952 3 жыл бұрын

In a previous video, you strongly recommend liquidating investments, including 401ks. Here you are recommending putting money into investments. Can you clarify your position on this.

@LiveSimpleLiveFree 3 жыл бұрын

I am not even suggesting putting money into investments until you are COMPLETELY debt free. I would even go so far as to suggest that you liquidate investments to pay off all your debts FIRST - then start to invest. But please listen to the rest of the seminar. This is only the introduction.

@paulreginello2601 3 жыл бұрын

I don't know who I owe ?

@LiveSimpleLiveFree 3 жыл бұрын

Certainly you get monthly bills in the mail?

@DeborahLynnRivera 3 жыл бұрын

\o/

@Ladythyme 3 жыл бұрын

I have no debt but what you are saying although can be done because I’ve done it but is not possible for everyone. And I’m not sure what the “Lord” has to do with all of this... so the Lord provided all the cash but did the Lord cause you to lose your job as well? ...with that said you started again clean because you lost everything with no debt and got $10k out of the blue to start over...that is not getting out of debt that is being bought out ....not everyone get a windfall ... you won’t read this because it’s not what you want to hear... btw investing is only as good as the market etc...... I live within my means and small ... and save in my mattress because I no longer trust anyone with my money.

@florenceperdue6864 3 жыл бұрын

I came across a very good Tech expert who has done literally wonders on my credit. Last month I was scoring 461 and had loads of collections and inquiries on my report, After contacting a Tech expert that I saw great review about on various credit repair blogs my score has been raised to a 792 in a few business days. All collections and late payments has been wiped and I cant express the joy I feel right now so I am encouraging those needing good credit restoration to reach out to *[Royson@creditmasterfixllc.com]* for an effective repair program.

@PK-zb6wh 2 жыл бұрын

I agree. these are nice folks, but I am not convinced they learned their lesson. They had gotten greedy, and I have never heard them admit that. Then they claimed bankruptcy. that is a whole different thing than paying off your debt. their debt was dismissed. they didn’t pay it off. By the grace of taxpayers, they were debt free.

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Debt Elimination Seminar Part 1

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