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Earn 39% on Your Money || How Extra Car Loan Payments Boost Your Savings || Hack Your Finances
Discover how making extra payments on your car loan can earn you a 39% return on your money! This video explains how investing additional funds into your loan can lead to substantial interest savings and accelerate your path to financial freedom. Learn to use our calculator to see the impact of extra payments and make informed decisions to maximize your savings
.
Timestamps:
00:00 – Introduction to saving money by making extra car loan payments
00:34 – Example of a car loan and savings scenario
01:13 – How making extra payments can save money on interest
02:06– Using the calculator to visualize savings
03:05 – Demonstration of the auto loan with onetime payment calculator
03:36 – Detailed walkthrough of entering data into the calculator
04:09 – Results of making an extra $1,000 payment
04:41 – Example of multiple extra payments and their impact
05:18 – Impact of a large extra payment on loan duration and interest
✅ Auto Loan One Time Payment(s) Calculator : https://hackyourcreditcards.com/carpayone
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Calculators: Credit Card, Mortgage and more:
➤ All Calculators : https://hackyourcreditcards.com/calcs
Playlists:
➤ CREDIT CARDS: Reviews, Rewards & Hacks: https://www.youtube.com/watch?v=YKKlGtIHNeM&list=PL_AxT2ZAuzX4w8wN_aIbU6QH3lu6L8cT2
➤ INVEST: Mastering Stocks, ETFs, Dividends & Crypto: https://www.youtube.com/watch?v=_DHQSRYiCuc&list=PL_AxT2ZAuzX7J4myMRTa2IoJ2YEnO90tq
➤ GET OUT OF DEBT - Guides to Conquering Your Debt: https://www.youtube.com/watch?v=g6w1Yg4C87w&list=PL_AxT2ZAuzX6rvsDYqSoTq_qM_EuDJvA7
➤ GET OUT OF DEBT - Six Video Course: https://www.youtube.com/watch?v=c8WNeE3kjf8&list=PL_AxT2ZAuzX5_v01x5UIWx7w7Fb_nIno0
➤ GET OUT OF DEBT - Velocity Banking: https://www.youtube.com/watch?v=Br9x45l6fnM&list=PL_AxT2ZAuzX6C-tUak7BkvrR0-lMq3D2O
Brokerages (Stocks)
➤ Interactive Brokers : https://hackyourcreditcards.com/ibkr
➤ Fidelity : https://hackyourcreditcards.com/fidelity
Gold & Silver
➤ Vaulted : https://hackyourcreditcards.com/vaulted
IRAs for Crypto
➤ iTrustCapital : https://hackyourcreditcards.com/itrustcapital
➤ Bitcoin IRA : https://hackyourcreditcards.com/bitcoinira
➤ BitIRA : https://hackyourcreditcards.com/bitira
Crypto Purchasing
➤ Coinbase : https://hackyourcreditcards.com/coinbase
➤ Crypto.com : https://hackyourcreditcards.com/crcom
➤ BitUnix (has most coins) : https://hackyourcreditcards.com/bitunix
Stock & Crypto Charting
➤ Trading View : https://hackyourcreditcards.com/tradingview
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DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. Always do your own research. This video content is intended only for informational, educational, and entertainment purposes. Brian Longest is not a registered financial advisor. Your use of his YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTub and E-Mail) for communications with Brian does not establish a formal business relationship.
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#ExtraPayments
#InvestmentStrategy
#SaveMoney
#FinancialTips
#MoneyManagement
#AutoLoanSavings
#InterestSavings
#DebtReduction
#SmartInvesting
#FinanceHacks
#LoanPayoff
#FinancialFreedom
#InvestYourMoney
#SavingsTips
#CalculateSavings
#PersonalFinance
#LoanCalculator
#FinancialPlanning
#SaveOnInterest
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