☕ DrinkCoffeeAndProfit
Smart money moves before breakfast
Partner Message
Editor’s Note: Former tech executive Jeff Brown picked Nvidia in 2016. It’s up 25,155% since. He recommended Bitcoin at $240. It’s up 31,219% since. And he’s been ahead of the curve on Elon Musk’s businesses for over a decade. In fact, he was one of the first to predict SpaceX’s IPO. But today, he says this goes beyond SpaceX. Elon is building something even bigger. And you can get in right now, on the ground floor. Click here for the details or read more below.

Dear Reader,

Imagine having an AI agent…

Whose only job is to generate stock market profits, over and over again.

While you sleep…

While you golf…

While you spend time with your grandkids…

It could be making money in the background.

Your dream retirement — automated...

The AI agent generates the profits for you.

Well, this is no longer a science fiction fantasy…

Elon Musk thinks he’s pulled it off.

In the short term, Musk has said it’s “not impossible” to see his AI agent return 70 times the investment.

If he’s right… just $15,000 invested in Elon Musk’s AI agent — would make you a millionaire.

You don’t need to be tech savvy at all.

Anyone can do this… young or old.

You won’t have to program anything or even download an app or anything like that.

It requires just one simple move by you.

And Musk’s AI agent does the rest.

You set how much you want to invest.

It could be as little as $100…

And you can sell and cash out, any time you want.

Now here’s what’s even better:

You can sign up for Musk’s AI agent today.

Former tech executive Jeff Brown will walk you through it.

He’ll even give you a live demo of Musk’s new AI agent.

Regards,

Chris Hurt
Host, Elon Musk’s 70X AI Agent.
Inspiration Quote for the Day
“Beware of little expenses. A small leak will sink a great ship.”
— Benjamin Franklin
The Morning Ritual
One Phone Call Saved My Neighbor $575 a Year on Her Credit Card
My neighbor Linda sat at her kitchen table last week with three credit card statements fanned out next to her coffee. She has been paying the minimum on all three for two years. Her balances barely moved. She told me she felt stuck. I asked her one question. Have you ever called your card company and asked for a lower rate?
She looked at me like I suggested she rob the place. But a LendingTree survey released this month found that `84%` of people who made that call got one. The average cut was `6.3` percentage points. Linda had no idea. Neither do most people. And that might be the most expensive thing you do not know about your own credit card.
In One Sip
► Average credit card APR in America: `21%`. In `2020`, the average was below `15%`. The rate climbed +`40%` in four years and has not come back down.
► Average balance per cardholder: `$6,580`. Total U.S. credit card debt: `$1.25` trillion. Both near records, per the Federal Reserve Bank of New York.
► `47%` of American cardholders carry a balance month to month, per Bankrate. Among Gen Xers, `53%`. Among boomers, `43%`.
► `13.1%` of all credit card balances are now `90` or more days past due. That is the highest delinquency rate since `2011`, per the NY Fed.
► The buried story: only `23%` of cardholders have ever asked their issuer for a lower rate. The other `77%` are paying full price on a rate that was always negotiable.
Why It Matters for Your Money
Start at your kitchen table. A `$6,580` balance at `21%` APR. The minimum payment is about `$132` a month. Sounds manageable. But roughly `$115` of that goes straight to interest. Only `$17` touches your actual balance.
Read that number again. `$115` a month in interest. That is `$1,380` a year going to your card issuer. At that pace, you spend over seven years paying it off. You hand them roughly `$3,600` in total interest. That is more than half the original balance. Paid twice.
Linda was paying `$238` a month across her three cards. She thought she was chipping away at it. She was barely keeping up with the interest. The statement arrives. The number on the bottom looks affordable. So you pay it and move on. That is the design working exactly as your bank intended.
The Wealth Angle
Here is the part most people miss. Your minimum payment was engineered. Card issuers set it at roughly `1%` to `2%` of your balance. Low enough that you keep paying. High enough that you do not default. The goal is not to help you pay off the card. The goal is to keep you in revolving debt.
I think most people assume their APR is fixed, like a law of nature. It is not. The `84%` success rate proves the rate was always negotiable. Your issuer set it high knowing most people would accept it without a phone call. Set it high. Count on silence. That is the business model.
I have watched families stretch grocery budgets to make minimum payments that barely dent the balance. If every cardholder paid in full each month, bank interest revenue would collapse. Your minimum payment is the fuel. And the reason only `23%` have ever called is not laziness. Nobody told them the price had a counteroffer.
☕ Key Insight:
Your credit card rate was never set in stone. `84%` who asked got a cut. The bank is counting on you never making that call.
Coffee Break Move
Pull out your most recent credit card statement. Find the APR line. If it is above `18%`, call the number on the back of your card. Say this: “I have been a customer for [X] years. I would like a lower interest rate.” Five minutes. The odds are `84%` in your favor.
If you carry more than one card, start with the highest rate. Even a `3`-point cut on a `$5,000` balance saves you `$150` a year. If your rate is above `25%`, ask about a balance transfer to a `0%` introductory card. Most last `12` to `15` months.
Linda called her bank the next morning. They dropped her rate from `24.99%` to `17.99%`. She did not negotiate. She just asked. Four minutes. She saves about `$575` a year now. Her bank never planned on that call. Pour your coffee. Then make yours.

Keep Reading