Money Principal Group Company History

In 2001 our founder immigrated to the United States from New Zealand. While evaluating various businesses and relocating his family, he discovered that the average American was overwhelmed with debt and a poor mortgage vehicle. During 2002 and 2003 the founders of Money Principal Group spent many long hours in discussions and meeting with many of the premier lenders in the United States. The thought was to have a “large bank” offer the mortgage vehicle and education that was so dearly lacking in the US market.

Unfortunately, assisting the average American to get out of debt is philosophically against how banks make their profits from consumers. In the end it was decided that the only way to make these products available was to build a new vehicle for the American market.

In June of 2004 Money Principal Group, Inc was organized as a privately held Corporation in the state of Nevada. Through trial and error and a lot of determination by December of 2004 Money Principal Group had a functional System for Mortgage and Debt Elimination (The Mortgage EliminatOR System). In March of 2005 Money Principal Group introduced the Back On Track System a stepping stone for entry into the Mortgage EliminatOR System for those who need additional assistance with credit debt and spending. Most recently Money Principal Group introduced the Mvelopes Budget and Spending Tracking Program and PayAccel.

Money Principal Group is constantly making refinements and improving our programs to better serve our current and future customers. Currently in beta testing is a Real Estate Investment Program designed to take the guess work out of real estate investment purchases by identifying the appropriate property, the ROI (return on investment), IRR (internal rate of return), Cap Rate, Cash on Cash Return, and Net Present Value. We believe that through the use of these products and others to come in the future we can fulfill our mission statement.

Mission Statement:

To empower the US Homeowner through education using the time tested financial principals that Money Principal Group is founded on; to become mortgage and debt free, and to create wealth through the proper use of a Home Mortgage, as well as the proper use of Personal Financial Accountability and Tracking Systems. This can be accomplished without increasing income, or decreasing lifestyle.