What is a HELOC? is HELOC a good tool to pay down high-interest debts? Can you use HELOC to fund your early retirement? 🤳 Social Media🤳 https://linktr.ee/firepsychat 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ https://www.firepsychat.com/contact 👨🏫 1:1 Financial Coaching 👩🏫 Schedule a free 20-minute 1:1 Coaching Session Schedule a free 30-minute 1:2 Couple's Coaching Session ➡️ Introductory Forum: https://www.firepsychat.com/coaching 📧 Email: hello@firepsychat.com 📖 What’s on my bookshelf? 📖 ➡️ https://www.firepsychat.com/shopping 📷 Additional FIRE Videos Mentioned In this Video 📷 Our $3.7 Mil Fat FIRE Plan - https://youtu.be/reTqzu6wxf0 How to Become an Ordinary Millionaire - https://youtu.be/s_PeSnv5vE0 How to Start F.I.R.E - https://youtu.be/AD3HZdQu5ik The Ultimate F.I.R.E Guide - https://youtu.be/eun63UVv1-Q HSA vs FSA - https://youtu.be/hWq982AOnBk Is Cash King or Trash? - https://youtu.be/DqyGtGl6aoE Tax-Free Dividend Income - https://youtu.be/ARodOuIY4nc Pay 0% Capital Gains Taxes - https://youtu.be/0IrxkM10eVE For sponsorships and business inquiries, please contact media@firepsychat.com. ⏰ Table of Contents ⏰ 0:00 HELOC Explained 6:02 HELOC Pros and Cons #FIREPsyChat #FinancialIndependence #HELOC 🎵 Music and Sound Effects Provided by Epidemic Sound 🎵 https://www.epidemicsound.com/referral/de9jqv/ Disclaimer: I am not a financial advisor. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence, or seek the advice of a licensed advisor if necessary. Affiliate Disclosure: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.