The economy has been cruel to your financial lifestyle. Like the majority of hard working families your retirement nest egg is slashed and you probably lost about 30% of the equity in your home. Your financial savings have now been stolen from you because of the greed on wall street.

We're all searching around to discover the best financial advice in this market. And in times of crisis it is definitely a great strategy to return to the basics.

What is the better financial method in this market?

Mortgage Reduction techniques when applied the right way is a key financial weapon for any homeowner in this market.

When we take a look at the stock market, it's still bouncing around and reeling from the aftershock. Aside from continuing to buy your 401 k it generally does not sound right to buy the market. Could you afford to take another massive hit to your retirement savings again in the next year?

So the next best financial strategy is mortgage reduction.

And at this time you are probably wondering why mortgage reduction. And as you hear this term maybe you are thinking the best way to cut back your mortgage or pay it off is probably to cover extra, prepay your mortgage or maybe use the bi-weekly system.

And you won't be wrong. You see everyone we realize from our mortgage brokers to bankers have told us here is the only way. But there is a better way to create mortgage reduction a reality.

And the most effective part if you do not have to alter your lifestyle or spend a cent more.

Here is how this simple technique works

This really is called the mortgage checking account technique to cut back your mortgage.

And the secret tool behind mortgage reduction system is to use a Home Equity Line of Credit (HELOC).

Now this can be a fun part.

The HELOC can be changed into a checking account. You can convert this so you can deposit your paycheck, pay your bills and make online electronic payments.

With the HELOC as a checking account you automatically use the power of interest leverage and you are able to convert your 5.5% rate to a 2.5% rate. And by continuously making use of your HELOC monthly you are able to slash years of one's mortgage and achieve financial freedom.

This is actually the bottom line. You can slash almost 13 years of your overall mortgage and save countless amounts of dollars. Imagine what that may do for your finances and nest egg.

That one simple technique alone can help you restore equity in your house and accept the path towards being debt free for life.