Something TROUBLING is coming in this economy, get ready | Morris Invest

Something TROUBLING is coming in this economy, get ready | Morris Invest

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There's trouble brewing in the economy... here's what you need to do to prepare.

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How to Choose the Right Banking Product For You
When you’re trying to choose a banking product, the most important thing to look at is the interest rate. Remember that you’re essentially paying a percentage to borrow money. It’s all about the numbers. I believe that you should always shop around and find the best product you can.

Specifically when choosing between a HELOC and a cash out refinance, remember that a refinance comes with closing fees. Generally speaking, a refinance isn’t a great idea unless you plan on keeping the home for at least 6 months to 1 year. I much prefer using a HELOC, but your mileage may vary depending on your unique circumstances.

What to Consider About Paying Off Debt
There are many different ways to approach paying off debt. If you’re specifically looking to use some kind of loan or debt consolidation, always shop around. There are so many great banking products out there, and always look for the lowest interest rate you can get. You also may want to consider the best way to do this while simultaneously improving your credit score. I recommend checking out https://ScoreMaster.com/invest.

The Truth About Building your Credit Score
A credit score is an important part of your overall financial snapshot, but it’s not everything. In the US specifically, it seems like a lot of emphasis is put on this one marker, and I think that holds a lot of people back from reaching their goals. Your credit score doesn’t define you. You can build wealth and your net worth without having a perfect credit score.
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About Clayton Morris:
As a financial news host and real estate investor, Clayton Morris believes that everyone has the right and the ability to achieve financial freedom – and works to help others to know how to do so. Clayton founded Morris Invest that builds portfolios for their clients and guides them through the buying process, ensuring cash-flowing investments. In his podcast, Investing in Real Estate with Clayton Morris, he offers specific and actionable ways to have financial security and to build a meaningful life. Clayton Morris co-hosts Redacted with his wife, Natali, bringing you news you won’t hear on major networks.

Website- https://morrisinvest.com/
LinkedIn - https://www.linkedin.com/company/morr...
Twitter - https://twitter.com/Morris__Invest
Facebook - https://www.facebook.com/MorrisInvest
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.