Morning Brew: A publication by R.I.S.E. April 2020

They Said I was a Nut!

by Don Daniel

A Nationally known financial guru called me “a nut!” When he heard my plan for helping families get out of debt, he simply could not believe I had the nerve to propose such a wild idea. My plan focuses on what none of them talk about. Using interest to your advantage. Credit cards are not bad, misuse and misunderstandings about credit debt is bad. Eliminating debt quickly can be clarified with this simple, but highly effective formula: pay less interest, get out of debt sooner; pay more interest, stay in debt longer.Story: The PILL Method, is the most powerful money management tool ever created, and most of the world has never heard about it, until now. This method teaches families to understand how interest works.

Every time you borrow money, whether for a car, a home, credit cards, and even student loans; there is interest associated with that loan. The interest is how the borrower earns their living. The higher the rate of interest, and the longer you pay the interest, the more the lender makes. What if you could reduce the accumulated interest by leaps and bounds? What if you could pay off your 30 year mortgage in 7 years? Now you have 23 years of that initial 30 year albatross of a mortgage, to do other things with that money. You could invest that money into your children’s college education, you could pay off additional debt, and best of all you begin a legacy of wealth building as you model this practice in front of your children. If they choose to go to college, they can graduate without a load of student loan debt. Say they decide not to go the college route. The money you saved for their education, and the interest that money earned could help them begin their adult life debt free.

The PILL Method stands for: P Prepayment of Principal. Cut the interest cost I Isolation of Principal amounts. How much principal to pay at any given time L Leverage. Using fragments of money to eliminate large amounts of amortized interest L Liquidity the ability to access cash on demand

Now getting the plan to work for your situation is very easy. This is applicable to every financial situation, every lifestyle, every stage of a family life cycle. Since I’ve been sharing this method with hundreds of grateful families all over the world, many have asked if there were a book to accompany all the principles I taught them. Until now there was none that existed. You see this is not a national brokerage firm, or a ‘canned’ process that anyone can just buy. This is a process that I cultivated and refined. I am an ordinary man with an extraordinary ability to see patterns in amortization schedules and develop a method to explain this process in simple terms. You see, I was diagnosed with Asperger’s and ADHD. This diagnosis manifests itself in an amazing ability to see a clear path toward financial independence through the understanding of how money really works, and I want to share it with all who are willing to learn.

The book is out and available on Amazon! The title is The P.I.L.L. Method, A Better Way to Eliminate Debt. By Don Daniel. Check out the link to the book on Amazon here: https://amzn.to/36jH8Tm