GUIDE FOUR

CASH FLOW STRATEGY - Part One

In this unit, we will kick off the training on how the cash flow strategy works with your HELOC. The purpose of this unit is to illustrate the concept at a higher level and move into some practical examples of how the numbers work out over time.

Part 1 of 4:

In this video, we will reiterate the basic premise of using our HELOC and set the stage for the coming lessons.

Part 2 of 4:

I'll be off screen for a bit in this video showing you what a 1 period or 1 month cycle using the HELOC looks like.

Quick Fact: Every dollar we save in interest costs means we build a dollar in equity.

Part 3 of 4:

Let's take a look at the HELOC calculator here. We'll look at a fairly basic scenario to see how it works out.

Quick Fact: The BreakThru Finance Cash Flow Strategies only work when we spend less than we earn. If we don't spend less than we earn, we probably shouldn't get a mortgage either.

Part 4 of 4:

Let's wrap up the first part of the BreakThru Finance Cash Flow Strategy. Here we will continue from the previous video reviewing a scenario using the HELOC calculator.

Quick Fact: In many scenarios, the rate at which we will pay off the principal for our HELOC outpaces the cost of interest.