BREATHING LIFE INTO YOUR FINANCES

How would you like to pay off your mortgage faster? Are you interested in being one of the 30 percent of people who have fully paid off a mortgage?

A new computer software called Debt Breaker offers clients the ability to do so. Barry Kloogh is the CEO of Financial Planning Limited, the founder of Strategic Wealth Made Simple™, and creator of the debt relief software, Debt Breaker.

Kloogh designed the program from a need in his own personal finances. Tired of seeing his hard-earned income going to lenders for interest payments, he decided to take action using a manual system. With only a calculator and his bank statements, he designed a system that paid off a 26-year mortgage in about six years, all without making drastic changes to his spending or lifestyle.

From there, Kloogh founded Financial Planning Limited, which is designed to provide borrowers the training and ability to accelerate their mortgage payments and fully pay it off in less than half the time.

For many homeowners or potential homeowners, the best place to start is with their own bank, which they may already use for a checking, savings, and debit account. Many banks offer preferred interest rate to valued customers, especially those who have been long-time customers.

The program advises that mortgagees get a fixed mortgage, which is a loan with a set interest rate throughout the life of the loan. These interest rates are often determined by the life of the loan. For example, a 15- or 20-year loan will likely have a lower interest rate than loans paid off in 30, 40, or 50 years.. While interest rate for an adjustable-rate mortgage (ARM) are typically lower, they can fluctuate as the market conditions change, and many borrowers wind up paying substantially higher than those with a fixed rate.

With Kloogh’s Debt Breaker, paying off the mortgage sooner gives clients the ability to save hundreds of thousands of dollars in interest rates.

There are many reasons the program has been successful. Debt Breaker encourages clients to set their own goals by assessing their own income, lifestyle, and spending values. The program then gives users regular and high visibility of these goals with graphs. The graph sequence shows users where they would end up paying off their debt at the lender’s rate as well as where they could pay your debt off using the Debt Breaker software.

For nearly thirty years, Barry Kloogh has assisted thousands of clients save millions of dollars. He takes pride in developing a program that is clear, flexible, and user-friendly. Financial Planning Limited is excited about advising clients on the way to accelerate paying off their mortgage.

“I have clients in Auckland, Wellington, Christchurch, Waitakere, Invercargill, Manukau City, North Shore, Otago, Nelson, Tauranga, Canterbury, Timaru and Dunedin and dozens of other parts of New Zealand – and everybody wants to know the same things:  How to pay off your mortgage, how to reduce debt, and how to save for the future and still have money to enjoy life today. Debt Breaker gives people the tools to do all that.”

For more information about Debt Breaker call us toll free 0800 332 827.

…or stop by and visit our friendly team.

Main Debt Breaker Office:
34 MacLaggan Street
Dunedin, New Zealand

South Canterbury Location:
19 Barnard Street
Timaru, New Zealand