Part 1 of 2:

In this video, we're introducing ways to optimize the cash flow strategy to our benefit. Much like our HELOC, credit cards have unique features that can help us speed up the payoff of our loan more quickly.

Quick Fact: Cash back credit cards could provide funds that go back into our HELOC, help us pay it off more quickly, and save us interest costs over time. We just need to be careful to use them with wisdom because they ARE NOT free money.


 
 

Part 2 of 2:

For this lesson, we'll continue the conversation and address the important concept of emergency funds and additional ways we can optimize our HELOC Cash Flow strategy.

Quick Fact: Adding funds to reduce our HELOC balance at the beginning is the most beneficial time to do so. This is because our balance (and therefore, the cost of our interest) is greatest at the beginning.