Money Merge Account ™: Benefits

The Money Merge Account is an amazing tool that will help you pay off your home in a fraction of the time, and save you a ton in interest. However, there are some additional benefits as well that never get the attention they deserve. Today I want to point out the other advantages of The Money Merge Account.

The Money Merge Account uses a home equity line of credit in most cases. That equity line is an awesome emergency funds account. My dad always told me to keep at least 1 years worth of savings just in case. Most Americans do not follow my dad's advice. In fact, the last statistic I heard was that 95% of Americans have no savings at all. The home equity line of credit is an available line. It is important not to use your equity line for non needed items, but if an emergency comes up, you have access to those funds. If you use the whole line of credit it defeats the purpose of the Money Merge Account, however the available balance is a great safety net in case something happens. And as they say better safe than sorry.


The budgeting affects of the Money Merge Account software also gets over looked. This program well teach you to be a better saver and help you stay on your budget. The true cost function is awesome. Perspective is key. I don't like it when someone tells me what to do, however I do like to have all the information available before I make a decision. The true cost function does that because every time you buy something instead of putting those funds toward your debt has a true cost including interest. A $6,000 recreational vehicle may actually cost you over $10,000. This feature will wind up saving you more than just the interest on your home.

The Money merge account is also a great way to boost your credit scores. One of the aspects that FICO looks at is your available balance. Since you have a HELOC that you are paying down, you will have a large available balance that will help increase your score. You also have an account to pay your bills with every month. You will no longer be waiting for your paycheck to pay the bills. Less stress and better credit scores.

These are just some of the other benefits of the money merge account if you want to learn more please come to our free webinar on Saturday at 10am. The information is on this blog.