Revolutionary Banking Strategy That Pays Off Debt 4X Faster with Bill Westrom
Release Date: 07/02/2025
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Traditional CPA vs. Strategic CPA: What Helps You Grow
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Welcome back to another episode of The Richer Geek Podcast, today we are joined by Christina Suter, a seasoned real estate investor, advisor, and educator. Christina shares her journey, starting with inheriting a paid-off house at 17, and explains why she views real estate as a vehicle for location, time, and choice freedom, not just money. Tune in as she discusses her shift from appreciation plays in California to high cash flow strategies like room shares , and how her "Live A Rich Life" coaching helps people find meaning and purpose beyond just achieving financial independence. In this...
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Build Income With Airbnb Arbitrage
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Welcome back to another episode of The Richer Geek Podcast. Today, we are joined by Daanish Azim, who built a $60K/month Airbnb business without owning a single property. He lost everything in 2022, took a chance on one rental unit, and turned it into a small empire. Now he teaches others how to do the same through Airbnb arbitrage. In this episode, we chat about… What Airbnb arbitrage is and how it works Why getting property owners’ permission matters How to check city rules and avoid issues with regulations Funding the business using 0% business credit cards What today’s...
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Welcome back to another episode of The Richer Geek Podcast. Today we are joined by Jon Ostenson, one of the top 1% Franchise Consultants in the U.S., respected author, investor, and leading voice in the world of non-food franchising. Jon breaks down how everyday professionals, corporate leaders, and real estate investors can use franchising to build wealth, diversify income, and create long-term stability even without quitting their day job. In this episode, we chat about… Jon’s career path from corporate leadership to franchise president and top franchise consultant Why non-food...
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Welcome back to another episode of The Richer Geek Podcast! Today, Mike and Nichole break down how U.S. investors can tap into Spain’s booming tourism market, including opportunities to buy historic boutique hotels and castles at surprisingly accessible prices. If you’ve ever dreamed of owning a cash-flowing property you can also vacation in… this one’s for you. In this episode, we chat about… Why Spain beats the U.S. in current hotel economics The hidden world of affordable castles and estates The challenges of buying overseas (and how to solve them) How the fund...
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Welcome back to another episode of The Richer Geek Podcast. Today we are joined by Brad Johnson, Co-founder and Chief Investment Officer of Vintage Capital. Brad shares how mobile home park investing is quietly outperforming traditional real estate. He breaks down why this niche is attracting serious investors, the powerful tax advantages that come with it, and how it helps solve America’s growing affordable housing problem all while delivering steady, long-term returns. In this episode, we chat about… Brad’s journey from small rental properties to managing $3B+ in real estate deals ...
info_outlineWelcome back to another episode of The Richer Geek Podcast! Today, we're exploring a revolutionary banking strategy that's completely changing how Americans save, invest, and conquer debt. Forget everything you thought you knew about traditional banking – it's time for a major financial upgrade.
Our guest, Bill Westrom, co-founder and CEO of TruthInEquity.com, brings 30 years of invaluable banking and lending experience to the table. He's here to expose how the traditional financial system often fails families and, more importantly, how to fix it. Bill will explain his innovative "credit line banking" approach, a powerful method that has helped families pay off debt up to four times faster, transforming financial stress into clarity and control.
In this episode, we chat about…
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America's Debt Reality Check: We'll challenge the common perception of $18 trillion in consumer debt and explore how modern living expenses have fundamentally shifted, making traditional financial advice less effective.
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The Truth About Credit Card Payments: Uncover the hidden mechanics behind how credit card companies calculate minimum payments and why strictly adhering to their terms can keep you trapped in a cycle of never-ending debt.
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Credit Line Banking Fundamentals: Get a clear explanation of this game-changing strategy: banking directly out of a credit line instead of a traditional checking account to leverage your income just like the big banks do.
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The Money Flow System: A step-by-step breakdown of how to strategically move your income into credit lines to suppress balances and dramatically slash interest costs.
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Bill Payday Strategy: Learn why consolidating all your bill payments to a single day each month can unleash the maximum debt-crushing power of your income.
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The Payoff Formula: Discover a simple, powerful calculation that allows you to predict exactly how fast you can pay off any debt: Balance ÷ Surplus = Payoff Timeline.
Key Takeaways
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The Problem with Banks: Your money helps banks make money, while you pay high interest on your debts.
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The Credit Line Answer: Using a credit line lets you use your own money to lower debt faster and pay less interest.
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You're in Control: This method puts you in charge of your debt payoff, not the bank.
Resources from Bill
Resources from Mike and Nichole