Be Your Own Bank!!

According to a recent article from Investopedia, the average homeowner today has about $185,000 in home equity. In this video, I explain why setting up a home equity line of credit is a smart move.
They're inexpensive to set up and you don't have to make a payment unless you utilize it but could be priceless if you get yourself in a bind or if you just want to reallocate some higher interest debt.
Please don't misunderstand me, I am not suggesting to open up a line and then go on a shopping spree, what I am saying though, is to utilize your house, like the asset it is, to your advantage.
#borrowsmart #repaysmart #yourlenderandfriend
Link to Investopedia Article: https://www.investopedia.com/average-equity-in-u-s-homes-5270147

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