The consumer driven boom was funded mainly by using house equity as a checking account. The data below show how that has dramatically fallen off. 
The lesson that debt is not the way to proceed hasn’t yet been learnt; credit card loans for the 10 months September 2007 to July 2008 were up $29.1 billion while, for just the 10 weeks August 2008 to mid-October 2008, they were up even more than that at $32.3 billion !!! This may not be a generational shift away from debt to savings, but those who want to can make this life changing decision. Once it’s made, the hardest things to do is to pay down debt in a timely and cost effective manner. We have the solution for your business or your personal debts. A software service that helps you retire debt early and pay significantly less interest. For your business Your income is a daily event. What do you do with your cash? Do you at least keep most of it in an interest bearing account? You probably even have some in CDs. More than likely the return you get is a lot less than the interest on your debts. If you manage your company finances actively and keep your bookkeeping up-to-date, you’re ready to go to the next level, one that improves your ability to manage cash reserves and gives you greater ability to handle income irregularities. If not, investigating our system will help you understand how your bottom line can improve and help you move towards active involvement with your company’s finances. A large majority of businesses depend on debt for operations as well as growth. This program will not necessarily change your need to have debt, it will simply make sure that debt interest hurts your business as little as possible. Add just two more debts to the equation and there will be 40,320 possible payoff sequences... Would your financial team be able to determine the optimal sequence to save the most interest and time? For further information, contact us now for a free, no obligation analysis or view more information on our website. The website is more directed towards homeowners since our software has only recently been upgraded to handle the array of debts typically found in a business. The principals are however, the same. Click here to take the next step to learn more. For your personal debts You do want to get rid of debt! This is only half the equation... how about the subsequent building up of equity. If your remaining 20.1 years to pay off debts of $145,599.61 is cut to 7.1 years, you’ll have 13 years to build up your cash by about $300,000 (from an actual customer case). That’s $300,000 you would not have 20 years from now, without making use of our software service. And included in that is the $43,987.85 savings in interest !!! You don’t need to refinance your existing mortgage or other debts. It’s not a simple biweekly or debt roll down program – nor a reverse mortgage. For further information, contact us now for a free, no obligation analysis or view more information on our website. Not an impossible dream, not a theory – it works in fact. |