Wow! David, I just need to say thank you a million times over!
My fiance and I both read through your book Automatic Millionaire and sat down to discuss our finances and realized that we were paying only the minimum payments on credit cards. Even though we were loyal customers and never had a late payment, they were charing us 18.49% interest!! I was so enraged, that I made my fiance call all the companies to try to lower the rates and close the accounts we weren’t using.
One card that we had for seven years and didn’t have a balance on was so eager to keep us as customers and get some business, that they offered us as many balance transfers as we wanted with a locked 3.9% interest for the life of the transfer!! All it took was a 20 minute phone call!
We have now consolidated all our credit cards onto two cards, with the interest locked in at 3.9% and 4.9%! What a difference! Now our payments (which are more than the minimum) go to the principal, not just the interest!
We have many more steps to take, but I feel like a burden has been lifted off our shoulders. We can start our life together knowing that our dreams will become reality.
Thank you again!