It’s always good to be paying off debt. You won’t go broke paying off your debts.
DebtReductionSPEED™ is the hourly rate at which the total sum of any principal debt is decreasing.
In this section you are learning about the treatment and impact of how we account for you paying down debt, as it relates to these financial indicator tools in Moorr and its impact on your overall WealthSPEED® result.
It’s a calculation that measures the speed of wealth being generated and turns this calculation into an hourly rate.