Spending to Wealth Calculator
See how your everyday financial decisions impact your long-term wealth building potential. Choose a category below to get started.
Credit Card Debt Calculator
Compare paying off credit card debt directly vs. using a whole life insurance policy loan.
How This Works
This calculator compares two approaches to paying off credit card debt:
- Traditional approach: Making payments directly to your credit card
- Policy loan approach: Using a whole life insurance policy loan at a lower interest rate to pay off the credit card, then repaying the policy loan
How to Use This Calculator
This calculator helps you visualize how different financial decisions impact your wealth over time. Select a category, enter your information, and see the potential difference between traditional approaches and wealth-building strategies.
Want to learn more about these wealth-building strategies?
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