Elite Expert Insider

Melanie Johnson co-owner of Elite Online Publishing, interviews DJ The Money Coach about how he motivates people to gain financial freedom. What You’ll Learn in this Episode: How to gain financial independence. How to earn $8,333 a month. How to pay off your home in 7-10 years. Quotes: "Here's what the rule of 72 is. You take 72, the amount of interest that you're earning, or most importantly, the amount of interest that you're paying. Let's say it's 12. You divide 12 into 72, you get six. That means that your interest will double against you every six years if you are paying the minimum payment." (7:55) "Understand from a mortgage standpoint, most Americans biggest asset to wealth is their home. And then if they're fortunate, like you and I, they get a small business, now they have a chance for multi-generational wealth." (16:26) "I would sit down with you first and foremost to see which road is best, when is the best time to just pay it off? When is the best time to use credit and get massive business cr