I

seriously consider Bob and Suze were not on the boxing gloves in the ring together and have. . .

Here you have two main immensely popular “pop culture” financial advisor, icons spouting their own versions of “financial freedom” and “truth” about the debt.

The two sat at opposite ends of the spectrum in their views on money, debt and investment. . .

So who is right?. . . Who is wrong?

Personally, I like both. . . . More specifically, I like both their methods and advice. . . . But if I had to choose, I’d probably sit on the “conservative” on this page and follow the path of Suze Orman.

Although I think Suze is, mostly, while spouting a bunch of “good sound” generalities that seem common sense.

I think Suze speaks of his confidence, trust and more powerful as a selling point for all the “Kool-Aid” drinkers are listening and following someone who speaks with enough confidence. . .

Do not get me wrong, some of their advice and just plain common sense, but I think sometimes she talks about things they really have little knowledge, especially when it comes to mortgage and indices programs and that some loans can be made and why it matters. . . .

Suze on compensation and errors on the side of caution, for their reputation and the “Kool-Aid” drinkers she markets to protect their property. . . . I can understand this approach, but this does not mean that I agree with his advice even 25% of the time.

I can understand Suze Orman tends to be a little financially conservative but sometimes I think she participates in a little “financial panic” on topics she obviously knows something. ” . . especially mortgages.

Robert Kiyosaki on the other hand touches the “Reckless Abandon financial. He advocates the approach ramp debt cash flows and increase the liquidity run to use debt to make investments.
Mr. Kiyosaki is a believer in the mind, which shares many of your more traditional financial planners out there that you should always be a mortgage on your house, what is the tax benefits. . .

Robert seems the idea of an ARM Option “program and do the minimum” Neg Am “payment and investing the difference of what you would pay in a more traditional 30-year fixed mortgage.

I can not even begin to express how I shudder at the advice he gives to Mr. Kiyosaki. . . What is frightening is a lot of “mainstream” financial planners agree with him.

Me, well. . . I tend to fall more in the middle between Suze and Robert. I think most people probably fall into this “middle” range.

First, I think you should always focus on any repayment of the mortgage on your principal residence as quickly as you can. Forget the tax advantages that come with a mortgage. . . Why the hell you want to pay much interest in before, just so you can deduct interest on taxes and hope you can get a bigger tax return at the end of the year?. . . simply makes no sense to me. . . Why not just remove this complete waste of time from the equation everything and pay off your mortgage faster than you can. . . . Not to mention that the IRS may decide to consider any tax on homeowners at any time. . . I do not like the game that control to someone else. . . . How about you?

Secondly, why on earth would a “Neg Am” mortgage on your principal residence for the minimum payment and invest the difference?… Well, if you have the strict discipline able to make a difference can it make investments, but the best, the problem remains that you continue to play on the future performance, it will be the market that you invest.

Did you know that a “contract” that a financial planner can guarantee a return on your money is 3%? Now, do math, when doing a “Neg Am” payment and investing the difference and see if this approach is really an idea that goes well.

I personally control, and not my “belief” in something if I did not do, especially when it comes to money and future security for my family and me. . . But thats just me. . . I have so-called “Control Freak” more than a few times in my life.

That’s why I “give money merge account (MMA) method of your first mortgage as quickly as possible without affecting your monthly cash flow.
What is MMA?

Money Merge Account consists of three main elements:

Their existing mortgage first primary

The mortgage on your existing home is the foundation for the Money Merge.

A second line of credit advanced (Aloc the same as the fairness of a line in 2nd position mortgage)

The MMA Program uses an equity line of credit advanced as a vehicle or ride a tool for the program. The debt ratio of the credit line should have the ability to function, similar to a primary account with an interest rate for an indefinite period are defined relative to a fixed interest rate. Combined with the MMA system on the Web, which creates a formula in which the money in your account generates a line of credit interest cancellation on your primary mortgage.

3rd MMA

Software
The online MMA system establishes a link between your bank account, the advanced line of credit and your primary mortgage. Average deposit Each time you into your account, it registers a decrease in the balance of your mortgage. By reducing your mortgage balance you now lower the balance in which interest accrues. increased by reducing the balance, which amounts to interest rates, the percentage of your monthly payment which is credited to your capital payments. The algorithms in the proprietary MMA system are systematically programmed to create the highest interest savings in the shortest time.

In short, an MA in principle is always a small second position Home Equity Line of Credit “or HELOC on your home page and use the HELOC as you would on your regular account with motorcycle your income through it (direct deposits and are not using what). Since HELOCs use interest calculations “this to your advantage by canceling the interest on the” closed “calculate interest on your current” first “Mortgage and do some accelerated and “principle increase in low pay-permanently in the process can.

HELOCs payment is also based on an interest only “calculation on what ever the average daily balance of the baseline of credit. It is assumed income if your bike with this line of credit not only the HELOC payment automatically made for you, but pays the interest amount is minimal, because you are constantly attracted towards the full amount of the line at very low level. Compare this approach to a fixed mortgage second and see what you find. . . Go ahead, do the math.

You still have access to your income and cash flows based on the HELOC is a credit line that you draw at any time.

You get the best of both worlds with this approach. You get to pay off the debt you will probably never be (at home) in less than half the time and you always have access to your money, you do not miss a great opportunity to attract investments How to invest along.

With a “money merge account (MMA) as a financial planning tool gives you control. We know that outside the region that most” classic “is opposed to roam financial planner.

Now, with the MMA approach will require some discipline. You’re No justice, shall monitor the MMA account on frivolous purchases run, you generally do not when you would not be on the MMA.

Your house is not a credit card and an MMA should not treat the vehicle to your home, like a credit card. But he said this, I ask what level of discipline that are necessary for the effective use of MMA against discipline that I needed a “NEG” option ARM type loan and invest payment of the difference, Mr. sprung bed, is compared. planners Kiyosaki and some of your main stream more capital.

Well, because I personally like the term MMA is where I differ from not only from Robert Kiyosaki, Suze Orman, however, as well.

Hell, I remember Suze Orman spouting here usual “scaremongering” about the dangers of “Home Equity Lines of Credit” HELOCs saying that if you lose to miss a payment on a HELOC to your home. Jeesh, it’s a bit exaggerated.

The problem people run when they use HELOCs is that they tend to treat as a credit card secured by their house. This approach is absolutely wrong and not something used by the MMA method.

But back to the original question. . . Who is right who is wrong?. . .

If you ask me, I would say that Robert and Suze are wrong because they do not understand the scope “deep” involvement in what they preach to the masses.

I would also say that there are certain financial concepts that are both unaware that they might actually agree with both.

Not everyone will fit in a cookie-cutter “financial plan. Much of what is style, comfort levels, discipline and personal financial tolerance… In essence” Different Strokes for different people .. “.

My only point is do not believe anyone “blindly” just because they can be popular or to speak with confidence. Examine what is the best approach for you based on your personal financial situation and goals. . .

In the meantime, I see if I will be the death match between Robert and celebrity Suze watch you interested in buying tickets arranged?. . . . . ;)