Houston, TX (PRWEB) November 22, 2004
For more than 20 years, Jim Trippon, Texas-based Certified Public Accountant and author of the Amazon bestseller How Millionaires Stay Rich Forever: Retirement Planning Secrets of Millionaires has studied the financial planning strategies of the wealthy. His study of 537 millionaires has revealed the following tactics to start off the New Year in a great way:
Reduce the Interest Rate and Fees on Your Credit Cards:
Over half of the people who ask for a lower interest rate on their credit cards, get it from the first person they talk to, on the spot, or from the supervisor. So donÂt be afraid -- call your credit card companyÂs customer service line and ask for a lower rate. Tell them you have received an offer for a lower rate from a competitor. They will often match the rate just to keep your business. While you are at it, donÂt forget to ask for an annual fee waiver.
Find Out Your Investment AdvisorÂs Background -- For Free:
In the wake of recent financial and mutual fund scandals who can you trust? You can check out any investment advisor in the U.S. from the privacy of your own home, in five minutes or less, for free. Just go to the web site of the NASD (National Associations of Securities Dealers at http://www.NASDR.com). All you need is the first and last name of the advisor, the name of the firm they are associated with, and you can bring up their entire career history including customer complaints and fines.
Pay Off Your Home in Half the Time:
For most homeowners it only costs an extra $100 to $150 a month to cut a 30 year mortgage into a 15 year mortgage. Be sure to note the extra money you include with the payment is for Âprincipal reduction.Â Paying your mortgage bi-weekly, instead of monthly, matches most peopleÂs paychecks and also typically cuts 12 years off a 30 year mortgage. This can save you tens of thousands of dollars.
Source: How Millionaires Stay Rich Forever: Retirement Planning Secrets of Millionaires and How They Can Work For You by Jim Trippon, CPA; Published by Bretton Woods Press LLC and distributed by Midpoint Trade Books; February 2004; 254 pages; $21.95; 6 x 9 Hard Cover - Cloth; ISBN: 0-9723389-1-8
Jim Trippon is available for interviews. For booking information contact Ramona Moreno at 713-661-1040 ext 102
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