DID YOU KNOW?

Did you know that Americans’ credit card debt is once again at all-time highs?

During the pandemic, American households received all sorts of free money from the government which many used to pay down their credit card debt. However, with the soaring prices of everything from eggs to new cars pushing the budgets of many households into the red, credit card debt has again skyrocketed.

I am seeing credit card debt crushing numerous people’s budgets, with many of them paying more towards credit card debt than their mortgage payment! How are these homeowners supposed to get out from under this crushing debt?

At Mortgage Wealth Advisors, I’ve helped many of my clients restructure their debt and use novel strategies to free up (often) thousands of dollars of cashflow, allowing them to pay off their debts faster than they would have thought!

If you know someone who is wrestling with debt and cashflow issues, please introduce them to me. I guarantee they will benefit from the conversation.

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Warren Goldberg is President of Mortgage Wealth Advisors, a Certified Mortgage Planning Specialist®, and a published author. His interviews include Blog-Talk Radio, Newsday, The Daily News, Anton Press, and the Long Island Herald. Since 1992, he’s been sharing his financial knowledge and wealth-building strategies, including how to properly use your mortgage as a financial tool. His clients regularly express their trust and appreciation by recommending friends and family call when in need of mortgage, real estate, and financial guidance.