A free 15 minute glance into the Money Merge Account

To fully understand and appreciate the power and versatility of the Money Merge Account, one must do their research, which can start with this short 15 minute video. In addition to this, The Jubilee Project is a primary source of information on this program.

The information is provided in a search format (a CMS system site), which you can print out and read, without having to contact anyone first. This is rather advantageous, when you want the freedom to read before having to talk to a live person (salesperson).

Money Merge Account Client Speaks Out.

In performing more research on the Money Merge Account, I found a fantastic article I wanted to share, so I contacted the Author to get permission to post this on this blog.

Article used with permission from Author.

The following is an email of a client who has become a powerful advocate for the Money Merge Account™ program. Not just an ordinary homeowner, but someone with substantial professional experience in the financial arena. The Jubilee Project has been given permission to share this information with you, for those seeking answers to this system of paying off debt.

In fact, Nick has stated that he would be more than happy to talk with those doubting or having questions about the Money Merge Account. That is a unique offer indeed.

Here is the email in it’s entirety:

‘Jaime,

As per our conversation, here is the information I personally believe homeowners should understand and see for themselves about this phenomenal program. I have taken off the personal information (my account #, etc.) from my own statement, and give I you full permission to post this as an example on you site. Please let readers know it’s essential they read the complete example in conjunction with viewing the attached file (the HELOC statement). Here’s exactly what I would say to someone looking into purchasing this program for themselves:

“We invested in the Money Merge Account May of 2007 without completely understanding how our 30 year fixed mortgage and other debts were going to be paid in full in less than 7 years. This concept of interest cancellation applied and managed by the Money Merge Account had been presented to us by one of my college friends. He clearly explained to us that our results would be achieved without refinancing, changing our mortgage payment or significantly adjusting our household budget. Our guaranteed results coupled with the trust and respect we had for our good friend was enough for us to proceed.

One of the best ways that I discovered to illustrate part of how interest cancellation occurs was by looking at our Home Equity Line of Credit(HELOC) statement for June 2007 which reflected our first months activity using the Money Merge Account system. (see attached June HELOC Statement)

June 2, 2007
A. Our June 2nd statement had a New Principle Balance of $ 7,851.64
B. Our Average Daily Balance was $ 1,266.39
Our Minimum Payment for June was $ 7.79
ALL HELOC’s will charge interest on the Average Daily Balance ONLY
A - B = $ 6,585.25 (0% interest charge)

We began the month of June with a zero balance on our HELOC. Following the cues of our Money Merge Account we chose to withdraw $ 28,538.81 of the banks money from our HELOC and send it to our 1st mortgage as a principle reduction. We then deposited $ 20,687.17 that had been sitting for 15+ years in a low interest bearing savings account. You will see that our ending balance was $ 7,851.64 at an interest expense of $ 7.79. That interest expense of $ 7.79 was calculated off of our Average Daily Balance of
$ 1,266.39. For the month of June we had the use of $ 6,585.25 of the banks money interest free! We found that “A - B = free money” formula to be both counterintuitive and bazaar! Essentially, we leveraged the banks money through the HELOC resulting in what could be called a To-Good-To-Be-True interest savings for us on BOTH our 1st and 2nd mortgages. This simple math edified for us how we will be mortgage/debt free in less than 7 years!

1. HELOC: $ 6,585.25 (leverage & float the banks money with no interest charged)
2. 1st Mortgage: $ 74,073.23 (canceled interest = 10 years of canceled mortgage payments)
3. Total Interest Saved: $ 6,585.25 + $ 74,073.23 = $ 80,658.48

Everything about the thought of sending such a large amount of money to our 1st mortgage felt so wrong until we realized that we had more than twice that amount of money available to us 24/7 through our HELOC. These changes in our household, now subtle, represented an absolute paradigm shift as we measured our concerns about how to get to the finish line with college tuitions and retirement. Our results for just this month of June continues to excite us. No longer stagnant, the velocity of our money directed by the Money Merge Account eliminated debt and canceled interest at a remarkable rate.

The interest canceled for our $ 3,500.00 investment in the Money Merge Account for the month of June ‘07 was $ 80,658.48. The above transaction, through on-line-banking, took us minutes to complete. With simple clicks of the mouse, we chose to “become our own bank” and we have never looked back.

For 15 years we managed our lives with Quicken and a trusted Certified Financial Planner and these options NEVER occurred to us. The Money Merge Account has effortlessly coached us to slightly alter our banking behaviors since May of 2007. This example illustrates the tip of the iceberg regarding the tangibles/the math of interest cancellation managed by the Money Merge Account.

The intangible gifts for my family relating to this dynamic program continue to reveal themselves to us daily. As a couple, we feel more aligned and in control of our families future than we ever have. It’s profound for us to realize that our children and their children will also grow up understanding that their mortgages and other debts will not follow them for a lifetime!”

Highest Regards,

Nick Griffin
Private Banking
508 435 1934 Direct Line
508 630 1667 Direct e-Fax
griffinwng1@aol.com
MetroBoston Mortgage Co., Inc.
Direct Lender
726 Washington Street
Canton, Ma. 02021

————-

There you have it friends. This really is math, and those who are taking the time to bring this to their current client base are experiencing phenomenal growth in their respective businesses. What better way to succeed, than by helping others first?

Contact us today.

The Jubilee Project
UFirst Executive Branch Managers #827180
owners@thejubileeproject.com
1-801-701-6650 (Main)
1-801-208-9492 (Cells)
Join Jubilee NOW!

Financial Tips for Single Moms

• Assess your spending habits and develop a budget

With all financial demands placed on one income, single mothers must first understand how they spend money and make sure they are taking the appropriate steps to meet immediate needs and long-term financial goals. First, review your cash flow to obtain a better sense of where money is going each month. Once you understand your spending habits, you can cut out unnecessary expenses or scale back on exorbitant spending. It's important to develop a budget and stick to it.

• Save for retirement

Even if it is difficult to make ends meet, continuing to make contributions to your retirement account is essential. The best advice for those strapped for cash: Save early and save often. Take advantage of employer contributions to your retirement plan and consider automatic investment plans outside of your retirement plan to increase retirement wealth.

• Make sure you are insured

If you are entirely dependent on one income, having disability insurance is an important part of avoiding serious financial trouble. If you are not covered in the event of an accident, you will not be able to take care of your children. Even more importantly, because you may be the only person responsible for your children's well-being, life insurance is essential to ensure that your children are cared for financially in the event of your death.

• Free yourself from credit card debt

While you may have been able to stretch your standard of living by using credit cards, stop now and pay them off. If you are financing debt on credit cards, you can't save money. And if you are not saving money, you probably do not have sufficient emergency funds to cover three to six months of household expenses — a critical safety net to have, especially if caring for children. Call your credit card companies and ask if they can offer you a better interest rate. If they can't, consider transferring your balance to an institution that can. If you need more help, try contacting a nonprofit credit counseling service. Sometimes creditors are more willing to work with a counseling service than an individual.

• Begin saving for your child's education

Helping to pay for a child's education can be particularly challenging for a single mother. If you decide that you are going to help, it's important that you begin saving as soon as possible. State-sponsored college savings plans (i.e., 529 plans), education IRAs and pre-paid tuition plans are all viable options. Also, because single-parent homes often have low household incomes, they typically qualify for higher amounts of financial aid. When you save for an education, be sure to take advantage of investment strategies that help grow your assets but do not interfere with financial aid eligibility.

• Teach your kids about money

Start teaching your child about your family's financial situation early, and encourage them to be financially responsible and independent. Working part-time and having their own savings account are great ways for children to learn about money. Involve them in family spending decisions, and make sure they understand the concept of spending limits.

Financial Planning for Single Women and Mothers

Money Tips for Grandparents

• Introduce the concept of money to your grandchildren as soon as they are able to count.
  
• Teach them the difference between needs, wants, and wishes. Teach them to respect the value of money.
  
• When giving them, consider giving money in amounts that can be put towards savings (e.g., five $1 bills, spend $3, save $2).
  
• Consider opening a savings bank account or a money market mutual fund account in both your name and your grandchild’s.
  
• Take advantage of money “teachable moments” when you spend time with your grandchild.
  
• Set an example by being thoughtful in your own saving and spending habits – you are their role models. If you are still in debt, utilize a 'Money Merge Account'. People of retirement age should have their home paid for.
  
• The Youth & Money Survey found that 72 percent of students turn to relatives besides their parents for financial information – grandparents are included in this group!

Teenagers and Money

• Encourage their interest in reading the newspaper (money/business section) or watching a program on one of the business channels.
  
• Introduce the concept of a job/working if they have time from their schooling (e.g., chores, mowing lawn for neighbors, to getting a part-time job after school).
  
• Introduce them to financial terms such as the stock market, IRAs, investing, etc.
  
• If you follow the stock market, teach them how to read a stock page. Help them follow news about companies that they like or recognize. Share with them how a business runs.
  
• Talk to them about what is entailed in paying for college.
  
• Teach them how to use a savings account; how to fill out a checkbook; how to responsibly use a credit card.
  
• Start preparing them to live on their own in college/leaving the nest (e.g., budgeting, getting a job, not going into debt, responsibly using a credit card, living with roommates, etc.).
  
• Parents can set an example by the way they handle money.
  
• For example, when kids are young, you do not have to buy them designer label outfits that are over-priced.
  
• Even if you have money at your disposable, do not send the message that the most expensive item is necessarily the best item or that it will buy them happiness. Your kids will not notice the label on the back of their shirt.
  
• Considering rewarding your children for their savings efforts by providing some kind of incentive program. You can match all or part of your kids’ savings.
  
• Talk openly about money with your children. Encourage them to ask questions.
  
• Children learn directly from watching their parents. Parents must walk-the-talk when it comes to managing their finances if they expect their kids to understand and appreciate the value of money, saving, and preparing for their financial future.
  
• Or, even consider taking a class on financial planning at your local community college or some other community venue that offers courses.
  
• Or, consider hiring a financial planner if you are in a position to do so and feel that they are in a position to really help you manage your money (do your research).

Kids & Money from 8-12yrs Old

• Kids will be more influenced by their peers at this age. They may be more aware of high-priced sneakers or jeans, and be more vocal in wanting these items.
  
• This is the perfect opportunity to help your kids write down some financial goals if they want to purchase a big-ticket item such as video equipment or designer clothes, and you can use this experience to focus on the act of saving.
  
• This may be a good time to show them the meaning of compound interest – get them excited about how fast their money can grow if they start putting some away today. Impress them either with numbers or a growth chart that visually shows them how much money they can accrue in a short time period.
  
• Have family meetings to talk about family finances (e.g., paying for the house, food, gas, vacations, etc.).
  
• Introduce lessons to make money (e.g., bake sale, lemonade sale, etc.). This may be the making of a young entrepreneur!

Kid & Money from 2-5yrs Old.

• You can start teaching kids about money as soon as they express a curiosity or interest about the topic.
  
• Even a two-year old can be taught to put coins into a piggy bank. They may not completely understand the concept of saving, but this is a good introduction to what coins look like and the idea of putting the coins into a piggy bank.
  
• Start with the basics such as money identification with preschoolers. Teach them to tell the difference between a penny, nickel, and a dime.
  
• Show them a $1 bill and start showing them how you use these dollar bills to purchase items.
  
• When a child asks for something in a store, explain that you have to pay for item – it is not free.
  
• At this age, you could even introduce the concept of “needs vs. wants.” Instilling good money values can begin very early.