Live Debt Free
Do you ever dream of a life of abundance and prosperity? Me? I would just love to be able to live debt free. You too? I thought so. Many people never dream of being debt free, only because they don’t think it’s possible. But, what if it really is possible to live debt free? Think of what it would be like. For the past several years you’ve used money from a home equity loan to pay for your children’s college educations, weddings, and a vacation to Hawaii. You’ve put off planning for retirement and don't carry sufficient insurance. You may be thinking you can just be really frugal and eventually get out of this mess. Perhaps you can. But given the hard realities of life, can anyone afford to take a risk on the hope that illness, accident, or financial loss will not happen to them? Did you know that 85% of homeowners, 65 or older, have 20 or more years left to pay on their home mortgage loans? I rarely read the comics, but Frank and Ernest caught my eye one day. I probably gravitated to it because I used to be worried about dying with a mortgage. Frank says, “We come into the world with nothing.” Ernest says, “And leave it deeply in debt!” I’m afraid too many people are in this predicament. It’s not even unusual to read about someone known to be wealthy having to take out bankruptcy. How can that happen? Well, if expenses continue to rise as income rises and the want for more luxuries becomes greater than the income, one can soon be faced with disaster regarding their financial stability and their ability to be self-sufficient. One trick is to spend less than you earn. That’s a no-brainer. But yet, as of November 2009 “the total amount of consumer debt in the United States stands at nearly $2.5 trillion dollars - and based on the latest Census statistics, that works out to be nearly $8,100 in debt for every man, woman and child that lives here in the US.” (Money-zine.com) And that doesn’t include real estate debt! It’s interesting to note that some very wealthy people have chosen a frugal lifestyle and choose to live well below their means. The result? They are some of the most “frugal” wealthy people in the world! Take Warren Buffet, for example. He’s worth an estimated $47 billion. He has no interest in owning a luxurious home and in fact, still lives in a modest home in Omaha, Nebraska that he purchased for $31,500 more than 50 years ago. He prefers a good burger and fries, a cold cherry Coke and says that “most toys are just a pain in the neck.” When The Forbes 400 were asked in a recent survey, “What is the most important key to building wealth, 75% said becoming and staying debt free is the #1 key to building wealth.” The burden of debt takes its toll on us, our families, our communities, and our nation. Debt limits our freedom and creates stress. Interest charges on your home, cars and credit cards can eat you alive! It Is Possible To Live Debt Free - You Don’t Have To Be In Debt! What do people need to be able to live debt free? Most people really need to do more than just increasing their income. They need to learn how to utilize the money they do have more effectively. Every dime you put in the bank is being leveraged by the bank. Your money in the bank isn’t just sitting there doing nothing, it’s being used to earn interest. Sounds simple enough, but it is actually math algorithms hard at work. What we need with today’s financial picture is a new way of thinking. Even more importantly, we need tools, options, and solutions. We need something that will calculate for us these four important concepts: • Interest Accumulation • Interest Float • Interest Cancellation • Interest Payoff Math works. Banks rely on math and timing to make money work. You can too. I use a personal finance software program that performs all four of the important concepts I mentioned. This program has given me peace of mind knowing that we can live debt free in 9.5 years rather than the 26.4 years we had before acquiring the software. Is the program safe? Yes! The creators of this program earned the Ernst and Young Entrepreneur of the Year Award for the Utah Region in 2008 and they have been featured in such magazines as Personal Real Estate Investor and Mortgage Planner, to name a few. What you can expect from this program: • No mortgage refinance required • No need to change your lifestyle or monthly budget • Don't have to make extra mortgage payments • Will always use your money to your best advantage • System adjusts to unexpected expenses so you are still on target with your debt reduction plan • Enter possible expenses and see the true cost of your choices • The system is like a financial GPS and puts you in control • And, for personal finance software, it's very user-friendly If you have been struggling, trying to figure out a way to eliminate debt, all of your debt, please contact me. Have you been wondering when you can retire, I can show you how you can much sooner than you ever imagined. Fill out the form below and I will contact you soon. There’s no obligation whatsoever. And your information is safe and secure. I will see that you get the information needed to run your own financial analysis where you will quickly see how many years you will shave off of your debt and how much interest you will save. You can live debt free. Contact me to run your personal financial analysis. It's safe, easy, and there's no obligation.
Tips on Budgeting
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