Friday, 30 July 2010

Attack your debt, Part One

Gail Vaz-Oxlade, host of the financial makeover show Til Debt Do Us Part and author of the Canadian bestseller Debt-Free Forever, discusses where to begin tackling your personal debt: from your credit card to your mortgage.

Check the video here

Saturday, 7 November 2009

Do you need to make money fast?

Guys,

I have found the best place to make money online.

The site is:

http://www.needtoMakeMoneyFast.com

Check it out!

Cheers,

Eric

Sunday, 8 February 2009

Rich Dad's Advisors®: The ABC's of Getting Out of Debt: Turn Bad Debt into Good Debt and Bad Credit into Good Credit

Dear Readers of Get Out of Debt,

Today I will share with you a good book that I enjoyed reading: Rich Dad's Advisors®: The ABC's of Getting Out of Debt: Turn Bad Debt into Good Debt and Bad Credit into Good Credit by Garrett Sutton.

The book is from the advisors' series of Rich Dad, Poor Dad. It really explains the difference between a good debt and a bad debt. If you refer to my very first post in 2008, you will see my total debts. There is some good debt in this mess. Like a mortgage on rental income building. The author of this book explains all of this with charts and simple examples.




Product Description

Learn how to trade bad debt for good debt and maximise credit in this step-by-step guide. Get the details on the fastest ways to wipe out bad debt, as well as simple strategies to maximise one's credit rating. Whether trying to get out of debt, or making sure one's credit is in the best shape possible, readers will discover that this book can be worth thousands of pounds!

About the Author

Garrett Sutton is an attorney with over 20 years' experience in assisting individuals and business to determine their appropriate corporate structure, limit their liability, protect their assets, and advance their personal and financial goals.

Enjoy your reading and regards,

Eric

Sunday, 1 February 2009

How to Get Out of Debt: Get an a Credit Rating for Free Using the System I've Used Successfully With Thousands of Clients

Dear Get Out of Debt Readers,

If you are not a subscriber yet, please subscribe.

How to Get Out of Debt: Get an a Credit Rating for Free Using the System I've Used Successfully With Thousands of Clients by Harrine Freeman is one of my favorite book on the subject. Read the reviews under the Amazon graphic and you will understand why.




Review

How to Get Out of Debt: Get an A Credit Rating For Free by Harrine Freeman is full of practical advice on where to file complaints, sample letters, spending plan spreadsheets, statute of limitations time periods, and much more. For the past six years, Ms. Freeman has been the CEO of a credit repair and money management company, so she knows what she is talking about. --Alan Caruba, Editor, Bookviews.com

Like many Americans, Harrine Freeman, has been through credit difficulties. But not only has she turned her situation around, she has gone on to help others do the same with her straightforward guide to better credit, How To Get Out of Debt: Get an A Credit Rating For Free. Her book is here at a time when so many people need this kind of help. --Gerri Detweiler, consumer advocate and author of The Ultimate Credit Handbook

This is a must read that will empower readers to reevaluate their spending habits and become focused on securing their financial future. --Books2Mention Magazine

From the Publisher

As heard on Heaven 1580AM - 2006 Stellar Award Winner, WLKF 1430AM - Home of Rush Limbaugh and Sean Hannity

According to the Fair Isaac Corporation (FICO) approximately 30 million Americans are in debt and receive bad credit ratings every year. In 2005, 2 million Americans filed for personal bankruptcies. Change your life and get out of debt today.

Harrine was over $19,000 in debt and was able to get out of debt while earning $21,000 a year, became debt free and has been for the past ten years. You can do it too just like Harrine did.

How To Get Out of Debt: Get an "A" Credit Rating For Free gives you step by step details of how to get out of debt. The first step is to identify your spending habits. Next create your own spending plan to begin paying off your debts, establish an "A" credit rating and develop a nest egg for the future.

How To Get Out of Debt:
Get an "A" Credit Rating For Free will show you how to:
* Determine if you have bad credit
* Repair your credit* Maintain your good credit
* Deal with telemarketers and creditors
* Create your own spending plan
* Prevent identity theft

About the Author

Harrine Freeman is a credit repair expert and CEO of H.E. Freeman Enterprises, a credit repair and personal finance services company. She provides personal consultations to teach consumers how to get out of debt and learn how to manage their finances. She also provides debt management workshops for schools, churches and organizations.

Industry Reviews

How To Get Out of Debt: Get an "A" Credit Rating For Free is a fantastic guide for anyone deep in debt or facing credit problems. "If you need credit help, Harrine Freeman offers the inside scoop on the tips, tricks and techniques that really work"!
-- Lynnette Khalfani, author of the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom and recent Oprah Show Guest

"Like many Americans, Harrine Freeman, has been through credit difficulties. But not only has she turned her situation around, she has gone on to help others do the same with her straightforward guide to better credit, How To Get Out of Debt: Get an "A" Credit Rating For Free. Her book is here at a time when so many people need this kind of help".

--Gerri Detweiler, consumer advocate and author of The Ultimate Credit Handbook

Enjoy your reading and regards,

Eric

Monday, 26 January 2009

Monday Blues and Reality Check


Dear Readers of Get Out of Debt,


Today is Monday and I feel a little sick. I've been sneezing all day and I will be running low on tissues soon. Anyhow, here little check my credit card #1 is at $6,217.90 and my credit card #2 is at $376.94. Another slap in the face is that I have a payment due for my mortgage of $1,900. I will have to come up with a solution for this tonight. I have diverse plans to make extra money until April. I am thinking of doing income taxes reports for other people. Selling stuff on Ebay. Getting contracts through my newly founded company.


My revenues for February will be small. I will get $2900 in salary and $760 in rent. It will be another hard month but I will put my priority #1 on the mortgage and than the credit card #1.




Thank you and regards,

Sunday, 25 January 2009

How to Fix Being Broke: Get out of debt, Stay out of debt and Save a lot more money

Dear Get Out of Debt Readers,

If you haven't subscribe, please do. And invite your friends.

How to Fix Being Broke: Get out of debt, Stay out of debt and Save a lot more money by Leah Childers is a great book but not very well known. The book was published in March 2008 and is worth a reading.




Product Description

This enjoyable, informative book offers practical steps to: Get out of debt, set and reach financial goals, regain control of spending and obtain financial freedom.

About the Author

Leah Childers has a unique writing style. Her "How-To" books are easy to read, informative and always offer help, hope and encouragement. She began writing plays in the 1980's. The books, like her plays, show an understanding of human nature and a warm sense of humor. Leah Childers is an entrepreneur. She is married with seven adult children and 12 grandchildren. Leah Childers is available for speaking engagements. For booking: call 310.603.0636.

Enjoy your reading and regards,

Eric

Wednesday, 21 January 2009

Payment Template #3

Dear Readers of Get Out of Debt,

Here is my first updated payments template. I made second first $1000.00 deposit on Monday. I have 7 deposits left. I make my deposit in person at the bank near my workplace every second Monday. I will post all the receipts to this blog and update the payment template bi-weekly.

5-JAN-2009

$1,000

19-JAN-2009

$1,000

02-FEB-2009

$1,000

16-FEB-2009

$1,000

02-MAR-2009

$1,000

16-MAR-2009

$1,000

30-MAR-2009

$1,000

06-APR-2009

$1,000

20-AVR-2009

$1,000

As my template shows, one brick of my financial wall is completed. It is a start. This is a proven system to reduce debt. I have used the same technique 10 years ago to wipe out almost $15,000 of credit card debt.

The steps are easy to follow:

  1. Establish exactly how much debt there is to repay. (I used the Net worth IQ tool shown on the upper right sidebar. Free)
  2. Budget how much you can repay back, every week, bi-weekly, or monthly.
  3. Print yourself a little template for each debt with a date and a dollar amount in each cell (brick).
  4. Pay the debt on the predefine date and kept your receipt for historical records.
  5. Shade the cell (brick) of your template (wall) once you have made your payment.
  6. Excellent! Be proud and celebrate your success.

If you little what you read, please subscribe to this blog and tell others.

Regards,

Eric