Debt Elimination and Financial Freedom
The first step to elimination of debts is understanding the cause
Seems like everything was easier when we were young. Life was complicated
by things like your first kiss, acne and making enough money for your
first car. Those were the good old days - make enough to buy what you
want and no debt worries.
Now, your personal debt has reached a level where you may feel overwhelmed.
Car payments, bills, loans of every shape and size and (oh God) credit
cards! Sound familiar?
So, what happened? What's different now? How did you go from being
practically carefree to the point where money is now in control - instead
of you?
The simple debt explaination is you "grew up". With time comes obligations
and expenses to deal with. But that's only part of the answer - if "growing
up" was the cause, then past generations (who started off with far less
that us) would be the ones most overwhelmed. Factually, previous generations
are not the ones with the biggest financial problems. According to economist
Edward Wolf, our generation "has done worse than their parents have
done according to a number of dimensions, like net worth and home ownership".
Statistics show that we hold a smaller piece of the pie than we did
only a few years ago. Growing up is only one factor here - there's more
to the elimination of your worries than just age!
The economy is another factor. Recent years have shown an enormous
collapse in the stock market. Some investors in companies like Enron
and Worldcom have seen the elimination of their entire portfolio.
Well, if you hope to find comfort in the slack economy then remember
this - we've also seen one of the mightiest bull markets in history.
Our generation has had some of the best wage opportunities, highest
level of education and some of the largest amounts of available "spending
cash" and easy credit ever seen. And therein lies the problem.
It's not how much we earn - it's how much we've spent. That
is how we create debt!
Here's an analogy that might help. A marathon is over 26 miles - can
you run that? What if I told you already have run a marathon many times
over? You run far more than 26 miles every year. You just do it in small
durations. Unless you deliberately threw yourself into insurmountable
debts, this is probably the way you put yourself into financial overload
- bit by bit over time. Luckily, the way out is similar to the way in.
Step by step, you can re-establish your solvency.
Some people can run those 26-plus miles in under 3 hours. What's the
difference between you and them? They are trained and experienced. Their
diligence, training and practice have brought them up to where they
can make it in far less time.
That's where we come in. You can do it alone, with diligence and work,
or you can benefit from our years of training and experience to help
you "cover the distance" to elimination of your debts. You can make
it, we can help you make it faster and easier!
Why
wait any longer? We can help you regain control of your finances and
relieve your worries! Click here to recieve a free consultation.
4470 W. Sunset Blvd., Suite 216, Los Angeles, CA 90027
