Thank you so much for your amazing show. We are using your plan and it is working great. I have been reading about a "mortgage crushing plan" called the Financial Equalization Plan and was wondering if you knew anything about it good or bad? Thank you.

I wasn’t familiar with the plan you asked about so I had a look around on the web. It looks like a load of bafflegab to me. The language is neither plain nor clear, and the claims are quite imaginative. No strategies are described, just outcomes, which makes me nervous.

The best route for dealing with debt – any debt – doesn’t require a plan with a fancy name. If you want to CRUSH YOUR DEBT:

• reduce your interest costs as much as possible,
• maximize the amount you’re paying on your debt to get the debt paid off as fast as possible,
• pay off your most expensive debt first, and
• don’t become complacent about your less expensive debt; work hard to pay it off fast too.