The Transfer Your Balance 101 APR Compounder will Compound our Interest, Plus Calculate a Balance Transfer Fee. Then, it’ll Calculate our Balance Transfer Discount automatically.
In This Video I use The APR Compounder using Microsoft Excel 2008, to Calculate the Savings on my $14,319 Discover Card Balance. I also talk about Monthly Payments, and How some of them can be a lot Lower, when we use Balance Transfers.
When our Monthly Payments are Lower, because our Monthly Interest charge is at 0%, we can afford to Finance more money. You’ll see How I could afford to make my Payments at a 0% APR in 2014 on about $52,000.
But in 2015, You’ll see How my Payments almost doubled when the 0% APR ended, because I couldn’t Transfer My Balances any more. Why? Because I Broke The Golden Rule, when doing Balance Transfers.
The APR Compounder is Part 3 of The Transfer Your Balance 101 4 Part Training Series. It’s another Tool that I Created, and it makes Calculating our Balance Transfer Discounts a lot easier. We just Input 5 Values, then it’ll do it’s Calculations, and Output our Discount of $1,224 at a 3% APR instantly.
To get a Copy of The APR Compounder, You’ll need to Unlock The 100% FREE Transfer Your Balance 101 Training Series located at https://transferyourbalance.us.