I'm Debt Free! Now What? Real Estate Investment Plans, Investing in NFT's & Stock Portfolio Update
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It’s official… drum roll, please… Den’s officially debt-free! Goodbye, student loan debt! If you haven’t been following along, make sure to check out our ‘Debt Free Journey’ playlist to see him go from $40,000 in debt to $0 in just over two years – and today we’re talking about what’s next. From ETF’s, single stock investments, our future real estate investing plans to risky investments (like crypto and NFT’s) Den will take you through his thoughts and what he’s been doing so far.
0:59 How I’m Feeling Post Debt
2:45 Investing In ETFs & Stocks
6:45 Investing In Real Estate
8:47 Risky Investments – Crypto & NFT’s
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▸ Website – stephandden.com
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▸ Den’s Instagram – @denslife
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Debt Free Journey | Student loan debt can be a struggle, and Den’s documented his entire journey, from $40,000+ to $0! Watch him pay it off over two years and hear his tips and insights along the way.
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This content is for education and entertainment purposes only. Steph & Den do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
What You’ll Hear In This Video 🗣
I Bought My First Stocks, Investment Strategy For 2021, Investing In Index Funds, Investing In Individual Stocks, How To Invest Your Money In Your 20s, How To Invest In Your 20s, TFSA Investment Options, TFSA Investing Strategy, Investing Strategy For Beginners, Robo Advisors vs DIY Portfolios, Creating An Investing Strategy, Student Loan Debt, Non-Fungible Token, Whats An NFT, How To Buy NFT, How To Invest In Real Estate, How To Invest In Stocks, Non Fungible Tokens, What Are NFTs And How Do They Work
Is Debt Free Direct Still Trading, I'm Debt Free! Now What? Real Estate Investment Plans, Investing in NFT's & Stock Portfolio Update.
Common Traits That Can Assist You Stay Debt Free
Do not believe of access to debt as a status sign. You need to understand that settlement is an art. A fine example of this remains in the real estate market.
You might have seen the reality TELEVISION program Pawn Stars.
I'm Debt Free! Now What? Real Estate Investment Plans, Investing in NFT's & Stock Portfolio Update, Find top updated videos related to Is Debt Free Direct Still Trading.
Get Me Out Of Debt – Aid With Becoming Totally Free Of Debt
You can technically conserve cash by declaring personal bankruptcy. The quantity of cash that the loan can bring you depends on the worth of your house, as it becomes a collateral. Your credit history will certainly suffer too.
Debt combination involves the process of combining lots of debts into one with simply one regular monthly payment. Advantages include a lower regular monthly payment, lower interest rates and fees and the cancelling of previous charges or fees for missed or late payments. How financial obligation combination impacts somebody’s credit is really complex and everything depends upon the approach that is selected for debt combination. , if financial obligation consolidation is not done properly; it can often do more harm to your credit..
UnSecured Debt is debt that is not Secured Debt-it isn’t connected to any specific properties. Even if a debt is “unsecured” does not suggest that you can not be taken legal action against for the financial obligation. On the contrary, it means you should be sued personally for the financial obligation collector to collect any money. The creditor then “implements” the judgment against you by garnishing incomes or connecting accounts. However this can be tough for numerous factors.
You would not have paid back any debts in genuine as you would have utilized obtained cash to pay back borrowed cash. However, all your complicated credit card estimations will concern an end. You will need to deal with just one loan provider, one loan account and one due date.
Oh, oh, that is simply what I said it is coming out of the pockets of the resident. Who would have thought that the public would be settling the financial obligation of individuals that they do not even understand? Ouch, that hurt. Do not anguish now, everything is going to be all right. Those in charge know simply what they are doing and they mean to keep right on doing it. They are giving away complimentary cash to those that they think deserve it. Free government grants for financial obligation relief are planned to make life much easier for a chosen couple of by providing them an easy method of ending up being Debt Free.
Kinds of credit accounts open – Credit cards are called Revolving Debt. Because of those minimum payments that are due with no real strategy for benefit, I expect it’s. The financial obligation just keeps revolving month after month. The more revolving financial obligation you have the lower your score will be. Nevertheless, all of these credit cards might not be reported accurately. Something as easy as an inaccurate credit limitation might be harming you. Possibilities are you can contest these items while fixing your credit and increase your score. Credit repair can help tidy up these mistakes.
Discuss your situation with your creditors and start negotiations with them. Some lenders may not co-operate in the least. Those who are cooperative might want to work out. You can seek help from professional credit counselors on how to manage your financial obligation.
The truth is you are paying more monthly to each revolving debt as you pay one off completely. This allows you to pay the debts of in a timely way without defaulting on one financial obligation. If you are doubtful about the procedure try it for 6 months and see if it works for you.
In fact about 25% of the US population has no cards at all. At the end of the case, a minimum of a year later on, their debts would be erased. Modification your state of mind about financial obligation.
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