AYF/GF 126 | Accelerating Fundability


Learn how to boost your fundability™ as Merrill Chandler reveals the top secret strategy that he only teaches his most successful clients! In this episode, he takes us into the world of fundable savings plans, where he helps us save money, become more fundable, and prepare for future possibilities, vacations, and/or disasters. Merrill dives deep into the game-changers for liquidating our savings, all while improving our quality of life. Join him as he shows you how to take better care of not only your fundability™, but yourself as well. 

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The Secret Strategy For Accelerating Fundability™ 

A Strategy I Only Teach To My Most Successful Clients

Boy, I’ve got a great episode for you! We’re going to be talking about fundable savings plans. This will aid us in becoming more fundable, saving up our money, and preparing for future possibilities, vacations, and/or disasters.  

In this episode…we’re going to be talking about a fundable savings plan or savings program. What kind of savings do we want to have? If you’ve attended my boot camp, GetFundableBootCamp.com, you should know that I have discussed the four priorities that we have when it comes to liquidating our savings. Iwe are trying to save our credits, our mortgage payment, and even ourselves from extinction in a pandemic, there’s a process! We’re not going to get into the details of that process, but one of them is short-term savings. We talk about using our short-term savings to make sure that we protect our fundability™. I want to go a little deeper on this show than I do in my bootcamp about a savings program. Most of us haven’t connected these dots yet! That’s what you can count on me for…and what I’m more than happy to deliver on.  

Savings Plan

The first idea of a savings plan, and the one that builds fundability™, is to not have a shortterm savings program at all until you have paid down any revolving debt that’s on your personal profile. People always ask, “What do you mean by that? I need to have a savings program because I have to fix my car, etc.” I’m just giving you a perspective from fundability™. Think of it this way…many of us are putting $1,000 a month in our savings program, or even just $500. In the rates now, you’re making maybe 0.5% of interest on that money. I know that we’re not only doing this for the reason of collecting and earning interest. We’re doing it so that we have money, so that we’re not living paycheck to paycheck, so that we have some reserves or resources to tap into if we need to. 

Everyone has expenses. Some common examples are the fact that we have to put a down payment on a new car or fix our current car. We want to make a savings plan so that we can go shopping for our kids at Christmas time or for the start of the new school year. We’ll put a shortterm savings plan together for a wedding, student graduation, or any other big event. Stay with me here, because I want to do the math and walk you through this very carefully. Let’s say you’re putting $1,000 a month into your account. That savings account is barely accruing an interest. We’re going to negate that. It’s negligible, so we’re not going to count it. At the end of one year, you have $12,000. That’s awesome! You can put half down on a small car, or 10% down on a nice car. Whatever you do with it, that $12,000 is still solid! 

With many people (and maybe you are included), there are times in which you put money aside on savings, but you’re still carrying a balance on your personal revolving account. We’ll get this out of the way quickly. It doesn’t matter on your business, because business doesn’t report to your personal profile. Whatever balances you’re carrying on true business cards or business lines…those are not counting against you on your personal profile. They’re not counting it against your personal fundability™. Having said that, I’ve seen people come to me way too many times and they’ll have $5,000-$6,000 in debt…or $20,000-$30,000 in debt, and 60%, 70%, or 80% utilization on their personal credit cards. They will then be putting $200, $300, $500, or $1,000 away a month in savings.  

Imagine knowing in the back of your mind that every single one of your bills is prepaid for a minimum of three months. Click To Tweet

The first thing we want to do for fundability™ and savings is for every $200, $300, $500, or $1,000 you save…think of putting that same amount on the balance of a credit card, paying that balance down. Once you pay that balance down, you’re putting room on the credit card. If you ever need that $1,000 to fix your car, pay towards a wedding, or get your kids back-to-school clothes, that same $1,000 is available to you on that credit card because you paid it down in the full amount. The interesting thing is most of these personal credit cards are 18%-22% or 23% interest. Imagine, 23% interest over the course of a year for $1,000…how much is that? It’s $230 that you would have paid towards the interest on that $1,000!

Since you’re paying it down, your fundable savings plan on the revolving account side is to use every scrap of dollars you’ve got left. Every dollar you have will go to lowering your balances on your personal credit cards. When you do that, you create some space on that credit card in case of an emergency that you can tap into. For every $1,000, you’re saving $230. That’s the money going into your pocket instead of towards interest! You’re saving $1,000, but you’re applying $1,230 towards your balance because you’re not paying interest. You can have that money that you would normally pay for the interest and apply that to the balance as well. For every $1,000 you would put in savings, you would be able to put $1,230 against the balance. This is definitely a game changer, and it’s easy-peasy math! Your savings plan is to throw every penny you’ve got towards your revolving account balances. Now, let’s average them all out. That’s 20% interest for every $1,000 you pay, and you’re carrying that over the course of the year. You’re not getting any money in savings, but that $1,000 you put over the course of the year is going to represent an additional 20%.  

First things first…if you get a personal loan, get it to put on your personal credit cards. If you get a finance loan, borrow it and then pay down your personal credit cards. Not just because of the interest, but because you’re now improving your 24 month look-back period and you’re reducing your balances. That is the best savings program ever! You’re freeing up balances that you get to use later in case of an emergency, an important purchase, back-to-school shopping, or Christmas gifts at the tune of 120%. You’ll have the actual $1,000…and over the course of that year, instead of putting it in savings and getting nothing for it, you’re receiving a 20% return on that $1,000 over the course of that year.  

That is the revolving accounts part of the savings plan. But what about the installment loan version of a savings plan? Well let’s go back to the bootcamp and talk about getting ahead of the payment slope. We’re basically going back to high school algebra. Remember, you have a vertical line of balance and a horizontal line of time. When you buy a carwhether you put money down or not, you have a loan amount of $20,000. Every increment going across the horizontal is a month. Every vertical increment is a dollar, or the equivalent of payment, so it’s going down. You start out at $20,000…then let’s say it’s a $500 payment. $20,000 becomes $19,500, then $19,000, $18,500, $18,000, and so on. To make it easier, think of it as a staircase. 

This savings plan boosts your fundability™ and gives you elbow room in case of emergencies or any other important expense. The easiest way to make all of this happen is making a large first payment. Anytime in the first 90 days is okay, but I always tell people, “Instead of putting your 10% down and then getting a loan, can you get a loan and put 10% all in the first payment? On the vertical, let’s say it’s $20,000, and it takes you down $2,000. Your balance is now $18,000, and then you make every payment. And what did you do if the payments are $500? You just made four payments in advance. Do you know what that does for you? That’s what we call a fundable savings program! Now…not only have you paid four months in advance, but you’ve also created a very powerful message for future lenders. What’s most important is that if you didn’t have to, you can’t pay your loan for four months and still be paid as agreed. 

Your time would catch up with your dollars, and then you’d have to be paying those payments yet again! Every time you pay ahead and optin, that payment doesn’t go to the balance. It goes towards advancing your months. It’s a huge win for you! Now, let me show you my example. I purchased a Jeep Grand Cherokee, which cost $25,000. I’d been on a lease for two years, so I was actually buying out my own lease. I asked for a loan and got approved. We’re not going to get into all the things to help you be fundable when buying a car. I built my model, and then put down $2,500 as my first payment. My payments are about $400 and some change. And I have five-plus months of advance payments already made. When you looked at my statement, the current balance was $22,500. The next payment that was then due back was in April of that next year. 

AYF/GF 126 | Accelerating Fundability

Accelerating Fundability™: The savings plan boosts your fundability™ and gives you elbow room in case of emergencies or in case you got the nomad gene just flipped on, and you want to go hit Europe for 3 or 6 months.


It was awesome! And this means that when it comes to the savings program, I don’t have to make five payments until my payments catch up with my balance! I did it in September, and every month since then, I’ve made my regular payment. I’m always five months in advance…and that’s the savings program. And this will open up the opportunity for you to go on vacation or purchase whatever other luxury you’ve been wanting, because all of your bills are going to pay themselves! Because to expand this model, the minimum I recommend is three months of your average billing, plus some more, so that you never run out. 

You can also use this program to pay your cellphone bill, utility bill, phone bill, garbage, sewer, water, etc. all in advance. Find the biggest month you’ve ever had, make sure that you have advanced three months-worth, and then pay every bill as it comes. And then when the next month’s bill comes, you can pay it on time, just like you always have! Depending on the service provider, they’re going to tell you that you don’t have to pay, that the bill is just for notice, or that you have an available credit.  

Quality Of Life

Imagine the freedom! Here at Get Fundable, we talk about our quality of life all the time. Yes, we also discuss the standard of living, but the quality of life is the feeling where you don’t have to do anything that you don’t want to do! I constantly speak about our psychic drag…that noise in the back of our mind telling us, “I’ve got to do this, I’ve got to do that.” Imagine knowing in the back of your mind…that every single one of your bills is prepaid for a minimum of three months. For advanced clients, I recommend six months and there’s a couple of people who have advanced that to even twelve months! 

The reduction of your revolving accounts is the most awesome thing you can do. Click To Tweet

Here’s the cool thing…service providers love it, because you’re putting money on their books. And it’s no harm to you, because they’re not charging interest. There was one time that somebody was paid interest. It didn’t happen to me…but I sure would love it! I don’t know if it’s a utility bill, cell phone bill, or otherwise…but they’ve got paid interest for having money on their books. That was an extra win! The win itself is removing the psychic drag from having to pay bills, even though you’re going to pay the bills faithfully every month. Every time you pay a bill, what kind of message are you sending yourself? We talked about self-honor, self-love, and self-care. Imagine the feeling you will receive when you go online to look at the statement…and it tells you that no payment is required, or that you have an available credit! How awesome is that? And you obviously know that the credit is at least three months. This is how you will get ahead in life.  

Only after all of this is done do I recommend putting a single penny away. Pay down your balances. The reduction of your revolving accounts is the most awesome thing you can do. That’s revolving on the installment and service provider side. Advance the payments and prepay. This includes mortgage, student loans, and any installment loan you have. One of my clients came to me and said, “I’m going to buy another house, put 30% down, and go from there. I told them, “That’s awesome, but why don’t you put 20% down and see if the numbers still make sense for it as a rental? Imagine putting the last 10% of that 30% down as a first payment.” Make sure it’s advancing the date of the payment months and not adding equity. You’re adding months, not taking away the balance of the loan. 

AYF/GF 126 | Accelerating Fundability

Accelerating Fundability™: Find the biggest month you’ve ever had and make sure that you have advanced three months’ worth, and then pay every bill as it comes.


Imagine not having to pay your mortgage for whatever that 10% represents…3, 6, or 12 months. That is super high cashflow! I recommend to keep making those monthly payments and add more to it over time. If you are smart, you will prepay every single service provider bill and loan at a minimum of three months in advance. I recommend it to every client when discussing these priorities. I love not having psychic drag…even though my whole plan is to continue to pay every single month. 

How much more fun is it paying a bill when you don’t necessarily have to? It’s amazing to see that you aren’t required to pay, but you do anyways! What level of soulful energy comes from within you when you make that decision? You’re coming from mad abundance, not duty or obligation. Making this payment keeps the bill low. What a great benefit? My fundability™ continues to age spectacularly as a result. All service providers, installment loans, personal loans, mortgages, auto loans, student loans, boat loans, your Winnebago loan…it does not matter! Always pay three months in advance and don’t put it on the balance! There’s nothing cooler than getting a notice that you don’t have to pay…but you do it anyways.  

Be kind to yourself, invest in yourself. Click To Tweet

I’m so committed in every way to helping you achieve your dream level of fundability™. I am a total geek when it comes to this stuff. I love all of it! Using this program, you can sell a business, flip a house, etc. and use those proceeds to prepay everything you’ve got ahead, reduce your credit card balances to zero, and prepay three months worth of all your service providers, both in your business, personal, and installment loans. You will create the next money so much faster and with so much less effort because you’re not worried about anything!

Take this to heart. The cool thing is that you can start with one bill at a time. Every month thereafter, add more to it. This is the most powerful savings model I have ever witnessed. I believe that 80% of your success comes from your mental, emotional, spiritual state…and then 20% comes from your strategies. I’m telling you right now…be kind to yourself and invest in yourself. You can’t invest in yourself more than this way, and every new deal you complete is going to come from more free space. That gives you the freedom to do more, and the chance to separate yourself from your anxiety and fear. You get both kinds of freedom, free of charge! I am here to help you get money more easily and build your quality of life faster than you ever thought possible! Have a wonderful day. 

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