How to Own Your Home Years Sooner & Retire Debt Free, U. S. Edition

Great book on paying off mortgage faster. Explains how interest can work for or against you over time in significant life impacting ways.

I wasn't either. What compelled me was my over-riding desire to reach my goal. Hopefully this review can provide you with basic information to make a better decision.I am a husband, father, and a high school teacher with a strong desire and interest in the concept of paying off our two mortgages; the one for our rental and the one for our primary home. My initial inquiries for more information began online, migrated to YouTube, and then eventually took me to my local bookstore. It was during my YouTube search that I came across the video presentation and the book, “own your home years sooner…”. I purchased and read it over two days and suddenly felt empowered with a tactical plan to accomplish our goal. I understood the concept but wanted to ensure my best understanding. For that reason, I reached out to the author, Harj Gill, to cultivate a relationship which could surround me with a mentor to help us accomplish our goals. I’m very glad that I did.Part of the tactical plan of the book is to help us lay out a specific road map which allows us to see the power of the strategy as it ‘kills off’ the loan(s) over time. The program shows you the impact of what cash injections have on the length of the loan and the amount of interest that is saved. The results of these reports, however, are only as good as the accuracy of the information. I actually made my own table in Excel and I believed that my table could give me the specific information needed to sustain the discipline which the strategy requires. What I discovered is that Harj’s program, the Speed Equity Software, is more thorough because it has more input variables than my table. The short story here is that moving forward; Harj’s software program will be what I will be using.Please note the words that I used in the previous chapter. Each of these elements is necessary. They were ‘specific information’, ‘sustain’, and ‘discipline’. You will need specific inputs to produce the best and most accurate results. Accuracy is the key. You will also need stamina and discipline to sustain this endeavor. In all likelihood, this will take time, in many cases multiple years. Both spouses need to see the vision otherwise it will be very difficult to see the goal through completion with only one of you on-board. Finally, let me add another term; positive cash flow. This is not for everyone and you do need positive cash flow at the end of the month in order to make this a reality. If you do not have positive cash flow, you will need to discover ways to create it, and or save it. Positive cash flow is not covered in this book but you will need it just the same. A great first step towards positive cash flow is a budget. I mean a real budget, one that tells you exactly what your income is and where you are spending each of your dollars. There are many factors that produce success, but the more positive cash flow that you have the greater your results.If you are serious about paying off your mortgage and want a step-by-step plan that will put you on the ‘correct track’ to see your goal, without breaking the bank to get informed, then this is a book that ought to be in your library.

First, let me make it clear that I am not in any way associated with the author of this great book, other than the fact that I purchased his book and am a customer of his inexpensive software system. I am a normal guy who stumbled across this book while searching for the most effective way to get out of debt without having to live a totally ascetic life. I've used the "snowball" system to small success, but life gets in the way. I have looked at "similar" systems but was put off by the large cost associated with them (usually about 7 times greater). Then is dawned on me that everyone keeps referring to the fact that this system started in Australia in the late 90s. Bingo! This is the man who started this very successful concept! Why not learn from the best, the originator?Life is a series of choices. The program that you learn about in this book enables you to see the wisdom of one choice over the other, i.e., the impact of any size expenditure on the length of time before your home is paid for. It is actually FUN to see the debts go down and to see the achievement of the goal of being mortgage free far sooner than you ever thought possible. In fact, it is so good that it seems like a fairy tale. The difference is (unlike Hansel and Gretel) you are given "breadcrumbs" that don't go away, that guide you back to your home and before you know it, that home you have been guided to by the software is paid in full...you own it free and clear! In my own case I am well on my way to paying off my 30 year mortgage in 6 years and 4 months, saving nearly $130,000 in interest costs.This book is truly an education in and of itself, but I personally believe that success can come only through the simple, reasonable additional step of getting and applying the easy to use software. The author provides a friendly, personal one-on-one after you have completed your inputs to make sure you see all the benefits. Without the software, it is somewhat akin to buying a car manual and understanding all the benefits of that car, but then being unable to get from point A to point B because you bought only the manual, not the car. Believe me, this software that you totally control will get you from where you are to where you want to be, i.e., owning a debt free home with its consequent freedom. I am a believer because it is working for me.

I have a friend that used an earlier version of this same product. I have picked his brain. I ordered the book and read it in two days. I then dug out my amortization schedule from the house I purchased in late May of 2021. I was shocked, I have a good loan rate but the interest is killer. I then signed up online for the free coaching session. I figured it was going to be some random person. It was actually Harj the author. My 45 minute session quickly turned into an hour and twenty minutes. He even made a call to my credit union to see if they have the correct type of loan for me. If this all works out as it should my home will be paid for free and clear in less than 5 years from my purchase and save over 100k in interest. I am awaiting approval on a personal line of credit due to unusual life circumstances over the past 2 years. If that does not come through I will be in touch with Harj in about 6 months when I can be approved for an actual Heloc. He went above and beyond what I expected. And yes there is a cost to this program. However having a paid off mortgage in my case in less than 5 years and the huge savings in interest is not rocket science. God Bless you Harj