April 28, 2009
- A Video Overview of the Money Merge Account
United First Financial® can help you achieve your financial goals through the strategic interest cancellation and wealth-building power of the revolutionary Money Merge Account® program.
You can save time and interest on nearly every debt you have. The key is to make your money work smarter with little impact to your standard of living. The Money Merge Account program calculates the fastest way to pay off your mortgage and consumer debt, and build a substantial savings nest egg based on your specific income, payments, living expenses and financial goals. You never have to guess which loans to pay off first, when to pay or how much extra to send.
The Money Merge Account program calculates how to pay off debt with some of the fastest payoff results imaginable—and build a substantial savings nest egg.
[media:http://www.fiscalfreedomfighters.com/video/Overview.flv]0
April 20, 2009
- Which 'Pay Off Debt Fast' Program Is Best?
First off, if you're looking fot tons of fantastic advice on how to get out of debt fast, you really should check out Steve Rhode's blog, GetOutOfDebt.org. It's chocked full of useful, practical advice.
Steve recently posted his response to a reader's question about "Who is better to get out of debt with, John Cummuta or Dave Ramsey?"
His response is very candid and a quite informative if you pay attention to it. He says,
"I understand where they are both coming from. They are offering good and valuable advice in a packaged program that you can purchase. There is nothing wrong with paying for good advice. Both men have created systems that they believe in and stand behind, that’s good also.
But where I struggle is that what they have both morphed into a enterprises that are focused on sales and selling you products and services. This includes starting your own debt counseling business.
I don’t know where the line is drawn between being a debt advisor and being a marketer of your products but I think both John Cummuta and Dave Ramsey have crossed it. That does not make their advice less valuable but it is certainly more suspect to drifting towards the goal of selling products and services rather than individually helping people, like yourself, to get out of debt."Again, I think Steve's response is incredibly informative in how he points out that fact that both John and Dave have parlayed their status and resputation into more than simply helping people get out of debt. While I don't know that I completely agree with his assessement that they've 'crossed the line', I do think it is an important point to consider when looking into any 'pay off debt' system.
For example, with the Money Merge Account® program, it's a stand-alone product that has a one-time purchase price. The Money Merge Account system is the flagship product of United First Financial®. However, if you'd like to help other people pay off their debt fast as well, there's always the option of becoming an independent agent with United First Financial.
So does this put U1st into the same category as John's and Dave's programs? I don't really know because I'm not familiar with all the details of their programs. However, if getting involved with a company because it offers something that's helped you become debt-free can't really be that bad, can it?
Personally, I think the most successful agents with United First Financial are those that have experienced first hand the benefits of the Money Merge Account system because they're able to share their own personal story. And anytime you can share personal experience, you become an advocate instead of a salesperson.
Anyway, what are your thoughts? Do you think a program loses credibility if they profit from their intended mission, in this case John Cummuta and Dave Ramsey? Or is it just a natural extension of a business that has obvsiouly had great success in helping people?
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April 8, 2009
- Doesn't the Money Merge Account System Achieve the Same Thing As Making Extra Principle Payments to My Mortgage?
Simply put, the mathematics behind the Money Merge Account® system present a sophisticated process that has a substantial financial benefit over increasing your monthly payments. The algorithms in the proprietary Money Merge Account system are systematically programmed to create the highest interest savings possible in the least amount of time.
The math engines programmed in the Money Merge Account system calculate the specific timing and dollar amounts required to produce the most optimum savings on each individual mortgage and overall financial situation.
Plus, making extra principle payments to your mortgage won't do anything to help reduce the amounts you owe for your other debts like car debt, student loan debt, business loans, etc.
In short, the Money Merge Account program takes into account ALL your debts and it calculates the absolute quickest path to paying it ALL off, your mortgage included.
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April 6, 2009
- Mortgage Modication Scams Targeted By US Officials
As with any disaster that occurs, we're bound to see some low-lifes trying to take advantage of the misfortune of others. Given the current economic and housing turmoil we're experiences, it's no surprise that there's been a proliferation of companies attempting to pray on the financial trials of others.
Well, top state and federal officials announced today a crackdown on mortgage modification scams. According to the CNBC report,
"Government officials say scammers are seeking to take advantage of borrowers in danger of default by charging them upfront fees of $1,000 to $3,000 for help with loan modifications that rarely, if ever, pay off.
The frauds often involve companies with official-sounding names designed to make borrowers think they are using the Obama administration's efforts to help modify or refinance 7 million to 9 million mortgages.
Officials say such operations almost always are fraudulent, and that help is available for free from government-approved housing counselors"
It's certainly unfortunate that so many people are in a position to be taken advantage of these fraudulent companies. But with the way our society has been trained to believe that we can 'have it today and pay for it tomorrow', it's no surprise.
The goal of the Fiscal Freedom Fighters is to help curb this crisis. With the help of the Money Merge Account® program from United First Financial® we're on a mission to help as many people as possible to become debt free in record time.
If you find yourself wondering how you'll ever be able to escape the burdens that debt creates, maybe it's time to take a serious look at the Money Merge Account program. It's a software product that acts as your 24/7/365 financial GPS, showing you step-by-step the ABSOLUTE FASTEST WAY to pay off ALL of your debts.
Simply visit the 'Get Out of Debt' page and download a Money Merge Account worksheet. Fill it out and then get it back to us and we'll complete your FREE 'How Fast Can I Pay Off My Debt' analysis that will tell you the EXACT month and year you could expect to be debt free thanks fo the Money Merge Account program.
What are you waiting for? Download your worksheet and get your free analysis started today!0
March 25, 2009
- 5 Reasons Why Having a Financial Coach Can Help You Pay Off Your Debt Faster
Everyone knows that Tiger Woods is unquestionably the BEST golfer in the world. He’s on track to become the winningest golfer in PGA history. For every tournament he enters, who’s going to win is usually a question of “Tiger or someone from the field?”
Undoubtedly, the world of golf has never seen anyone quite like Tiger Woods. Yet in spite of his success and the fact that he is the unquestioned BEST golfer in the world, he still has a coach. Someone he works with on an almost daily basis to refine his swing, improve his game, and help him reach his goals of becoming the ‘best ever’.
So if Tiger Woods, someone who’s already at the very top of the game, has a coach to help him do his job better, don’t you think it makes sense for you to find yourself some kind of coach to help you reach your goals and objectives?
As it relates to managing our money, learning how to pay off debt, and creating financial security, most of us years away from achieving our financial goals, especially if we have a home mortgage!
Now, even though we may not be drowning in debt like far too many people are, we simply don’t have a good plan in place to help us achieve our dreams of being debt-free or financially secure. Sure, we do the best we can and make extra payments to our debt or investment accounts whenever we can, but because there’s no rhyme or reason to our actions, our dreams of being debt free and having financial freedom take much longer than they should.
As a result, maybe it’s time we take a page out of the best golfer in the world’s book and find a coach to help us achieve our financial goals faster. Even though you may not think you need a coach, here are 5 reasons why a financial coach can help you reach your goals of being debt free and creating financial freedom faster than you could on your own:
1. Holds You Accountable
Sometimes it just helps to know that you have someone or something looking over your shoulder helping you stay on track. As it relates to being debt free, knowing you have to make a report of your finances can often times be enough to help you stay focused on your financial goals.
2. Helps You Refine the Details
I’m pretty sure Tiger Woods doesn’t pay a coach to tell him how to swing a golf club. He already knows that. But, what he does pay his coach for is to give him the little insights and guidance needed to add a few extra yards to his drive.
As it relates to your finances, you don’t need a coach to tell you how to create a budget or how to spend your money. You’re already pretty good at that. But where a financial coach can help you is in telling you the little changes you could make to your debt payment patterns that could help accelerate payoff.
3. Provides Direction and Guidance
Another benefit of having a financial coach at your side is they can see things you may not normally see. For example, a quality financial coach may be able to show you how to take better advantage of your available credit. Or perhaps showing you that paying a lower interest rate amortized loan before a higher interest rate simple loan can save you more money in the long term.
4. Helps You Adjust to Life’s Changes
As the old saying goes, the only constant in life is change. Nothing ever remains the same and as life changes, you and your finances need to adjust along with it. As life happens and decisions are made, your financial situation will invariably be impacted and having a good financial coach at your side that can help you make the RIGHT decisions at the RIGHT time can save you years of added financial heartache and thousands of dollars in potential interest charges.
5. Motivates You to Succeed
This is quite possibly one of the biggest benefits of having a coach. They can see the end from the beginning and can help you overcome the obstacles and challenges that may be blocking your view of the finish line. Having this help and assistance can be the difference between simply throwing in the towel and giving up on your dream of being debt free, and having the discipline to power through the setbacks and obstacles.
So as you look for ways to accelerate your dreams of paying off your debt so you can be financially free, consider these 5 benefits of having a financial coach at your side. And while it may be tempting to think you don’t need one, just remember that even the very best in the world at his craft, Tiger Woods, has a coach at his side helping him become even better than he already is.
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March 24, 2009
- Will The Money Merge Account Help Me Reduce My Monthly Payments?
The Money Merge Account® is much more than just an accelerated mortgage payment option. Other debts (e.g. credit card balances, personal loans, overdrafts etc.) can be transferred to the Money Merge Account - which means you benefit from paying less interest on all your debts instead of expensive, unsecured rates. The reduction on your minimum monthly payments can be significant.
And if you're concerned about rolling all your debts into one big balance, don't be. You'll be able to break your debts into individual repayment plans. So you can have a plan for your mortgage, a plan for your credit card balance, and a plan for your loan. We'll help you budget to pay off what you want when you want, and you'll be able to see each element of your debt falling month-by-month in line with your plans.
Be sure to request your personalized 'How Fast Can I Pay Off My Debt' Analysis.
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March 20, 2009
- How Does The Money Merge Account Help If I Buy A New House?
With any type of new, large money purchase the Money Merge Account® can help in a number of ways - depending on whether you want to build a lump sum of equity to fund a purchase, borrow the money, or do a little of both.
Building a lump sum
Many mortgage programs on the market give you the chance to overpay your mortgage each month. But if you're looking to save for a major purchase (e.g. a holiday home, a car or a boat) at the same time, you haven't got the flexibility to do so. The Money Merge Account lets you have your cake and eat it too. It allows you to put money aside each month for the purchase and use this money to reduce your balance while you build up the lump sum.With the Money Merge Account, you'll be able to set up a savings plan just for this. That way, the savings part of your balance can be seen separately from the rest of your Money Merge Account balance, and you can budget to build up the lump sum by the date you want.
Borrowing at a mortgage-style rate
Traditionally, if you haven't got enough saved for a major purchase like a new car, your only option is to borrow the money. This usually means taking out an auto loan or using a credit card, all at much higher interest rates than you pay on your mortgage. The Money Merge Account is a much cheaper way to pay, because everything is paid back at a very low mortgage-style interest rate.And you can set up a separate loan plan just for this. That way you can focus on paying this part of your Money Merge Account balance off as quickly or as slowly as you want, and you can check your overall plan whenever you like.
Ready to find out the EXACT DATE when you could be debt free thanks to the Money Merge Account system? Contact us today and let us run a FREE 'How Fast Can I Be Debt Free' Analysis.
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March 18, 2009
- How Debt Can Affect Your Health
Whether you want to believe it or not, too much debt can really impact your health in many ways.
The first signs include stress and anxiety, which can make themselves manifest through lack of sleep. Have you ever been kept awake night after night thanks to all kinds of the thoughts about how you're going to get all your bills paid?
Another negative impact debt can have on our lives includes depression, anything from mild to severe cases. Some of the signs include sleeping too long, not getting enough sleep, a loss of appetite, a lack of interest in things you used to do, or irritability. Now, if you do feel that severe depression is a problem, it's important to seek the advice of your doctor as soon as possible.
Another sign that you might be depressed is a lack of focus, either at work or at home. This can also turn into memory problems and unfortunately, many people try to deal with these problems by turning to addictive substances or habits in order to 'escape' the stress and anxiety debt causes. These 'coping' mechanisms could include drugs or alcohol use, gambling, smoking , and even overeating.
Another way your body could exhibit signs of stress from too much debt is through body aches such as constant headaches, backaches, or neck and shoulder pain.Many people also experience fluctuating weight, either unwanted weight gain or unintended weight loss because of the stress caused by debt.
Now, some of the long term affects of this stress caused by debt include an increased risk of diabetes, heart disease and even small infections like the common cold. It could also restart previous illnesses like cancer or chronic pain.
So, what can one do to pay off your debt fast so you can eliminate many of these negative effects?
Well, while there are many, many programs out there to help people eliminate their debt, there's only one program that we know of that meets the 10 criteria for any program designed to help people get out of debt fast using only the money they already make.
This program is the Money Merge Account® from United First Financial®.
It's already helped tens of thousands of people pay off millions of dollars worth of debt, and that's not even counting all of the interest these same people have eliminated!
If you haven't already requested your FREE 'How Fast Can I Pay Off My Debt' Analysis, request yours today. It's absolutely free, there's no cost or obligation, and in just a few short minutes we'll be able tell you the EXACT DATE when you could expect to be debt free!
And in most cases, the final payoff date is as little as 1/2 to 1/3 the time you're probably expecting to have to be paying on your debt now!
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March 17, 2009
- Define Your Financial Lifestyle with the Money Merge Account System
Unfortunately, for too many Americans these days are burdened with way too much debt. Where as we used to be a nation that avoided debt as much as possible, the banks, credit card companies, and businesses have trained us to use debt to get things now instead of saving and paying cash.
However, this 'get it now' mindset has resulted in our economy teetering on the brink of who knows what. And at the base of all this is the American consumer, burdened down with more debt than anyone should have in three lifetimes!
Of course not everyone has fallen into this 'debt trap'. And what these people have realized is that freedom from debt offers much more than not having to make credit card payments each month. Freedom from debt offers peace of mind, financial stability, and probably the best benefit of all…choice.
That's right. Freedom from debt offers the choice to do what you please, when you please, and how you please. While most people struggling with debt are forced to make certain choices because that's ultimately what they've left themselves with, a limited number of choices.
Fortunately, if you find yourself struggling with too much debt, it is possible to recapture these choices faster than you thought possible using the the Money Merge Account® program from United First Financial. With it's powerful programing that calculates the FASTEST way to pay off all your debt, you're able to unburden yourself from excess debt faster, thus opening up to you the number of choices at your disposal.
So, if you're tired of feeling like your debt has trapped you in a corner and don't know which way to turn, learn more about the Money Merge Account system and request your free 'How Fast Can I Get Out of Debt' Analysis.
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March 13, 2009
- Home Mortgages - Here's a Novel Idea
When it comes to home mortgages, it's probably a slight understatement to say we'll most likely never again see the irrational behavior we've seem over the last decade or so. With the crash of the sub-prime mortgage market, it's no surprise that most banks and lending institutions are tightening up their criteria.
This little piece comes courtesy of Jack M. Guttentag on Yahoo! Real Estate:
"You'll probably have to go to homeownership school.
You'll have to prove you can really afford a mortgage.
You may have to reconsider your location.
And you'll have to run a gauntlet of scrutiny.
Today's mortgages are a far cry from boom time home loans, but they do exist and some lenders have money to burn.
"People used to qualify with stated income. Now there is more documentation. And they aren't just documenting your income, but looking for assets in addition to your income and low debt-to-income ratios and low loan-to-value ratios," said Asmaa Egal, mortgage broker, Loan Republic Financial in San Francisco.
The new brand of home loan has been customized with tighter controls and fewer defects to replace old mortgage models that crashed and burned when the economy hit the skids.
"You have to qualify. You have to prove your income. They have make-sense underwriting," said, Quincy Virgilio, 2009 president of the Santa Clara County Association of Realtors and broker-owner Realty World CA Property Network in San Jose, CA."Unfortunately, the greed and dishonesty of a few have thrown us into this twisted, turbulent time. And no amount of government intervention will be able to quickly resolve the problem.
If there's ever been a time to get your financial house in order and eliminate ALL of your debt as quickly as possible, now is most definitely the time.
While many people want to decry the Money Merge Account® system and say you can do everything it can do for you on your own, I challenge you to show me another system that is so dynamic and so individualized that it can create the perfect roadmap from deep in debt to completely debt free for anyone in any situation.
If you haven't already, go ahead and request your FREE MMA Analysis and learn the exact month when you could be completely worry-free as it relates to your debts.
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March 9, 2009
- Planning A Budget To Help Pay Off Debt Faster
When trying to create a budget to help pay off debt as quickly as possible, one of the BIGGEST mistakes you can make is only including the bare essentials. You know, things like your mortgage payment, car payments, utilities, telephone, groceries, and other basic necessities we need to live.
The problem is, you'll never be able to stick to a budget like that forever anymore than you could stick to a diet of Wonder bread and water. As a result, it's important to budget in a few luxury items, even if you don't think you can afford them.
Now I'm not talking about eating out at your favorite restaurant every week, but budgeting in a little money for the occassional luxury item will certainly help you stay on track with your budget. Otherwise, you may get completely overwhelmend and frustrated and not stick to it at all.
One way you can squeeze even more of these 'luxury' items into your budget is to find some lower cost alternatives that will still provide the opportunity to enjoy these luxuries, but you'll be enjoying them at a lower cost, allowing you to squeeze more of these actitivities into your monthly budget.
Start by making a list of luxury items or activities you normally spend money on. And be honest with yourself. Leavging something off the list just to make it "look good" isn't doing anyone any favors.
Some of these luxuries might include eating out, the movie theater, the beauty salon, birthday or other occassion gifts, lunch with co-workers, a gym membership, or cable tv. In reality, any item or activity NOT on your budget as absolutely necessary could qualify for this list.
Once you have this list, brainstorm some low cost alternatives that might be able to take the place of some of the more expensive luxuries. For example, instead of going to the regular movie theater, check around to see if there's a $1 theater in your area. If not, instead of actually going to the theater consider renting movies and watching them at home, saving you money on both the ticket price and the outrageous cost of the typical movie theater snacks.
Another example might be instead of spending money each month on a gym membership, find a program that allows you to work out at home. A quick search online will reveal literally THOUSANDS of such programs that teach you how to work up a good sweat from the comfort of your own home. And many of them require only a comfortable pair of sneakers and a little space in your home or apartment.
So as you continue your quest to pay off debt as quickly as possible, keep these budgeting tips in mind to help stretch your dollars are far as possible.
Of course when you can divert more of your money to paying off debt it'll help pay if off much quicker, but with the Money Merge Account® program, you don't have to scrimp and save. By simply applying the very same principles banks have been using for years to make money off your debt, you become the bank, using your money as strategically as possible, allowing you cancel years of interest and save yourself thousands in interest.
To learn more about this powerful program visit www.PowerfulDebtPayOffSystem.com.
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March 4, 2009
- Novel Idea For Getting Out of Debt
While this advice is nothing new, it certainly puts an entertaining spin on things.
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February 23, 2009
- 10 MUST HAVE Criteria for Any 'Pay Off Debt Fast' System
With so many different options and people promoting different products and services to help you pay off your debt as quickly as possible, it can be just a tad confusing trying to figure out which one is best.
So, we got together with a group of experts, friends, and other people we know of that have either struggled to get out of debt, are still working on getting out of debt, or their primary occupation is helping people get out of debt and we came up with a list of 10 different criteria ANY program, tool, or system should have.
If the program you’re considering is missing EVEN ONE of these elements, chances are it’s probably not going to be as effective as it could be, or help you get out of debt as quickly as possible.
1. No need to refinance your existing mortgage
To be truly effective at helping you eliminate your debt you shouldn’t have to completely restructure your current financial situation. Yes, it may be helpful to refinance your existing mortgage if you can get a better rate and the upfront money doesn’t throw a wrench into things, but it shouldn’t be a requirement to make the program work.
And if you do decide you want to refinance, you should definitely speak with a qualified financial advisor.
2. No extra income required
Now this is another one that may not make sense to some people. Yes, with a little extra income each month you should be able to pay off your debt faster, but again, it shouldn’t be a requirement.
You see, unless you’re upside down on your finances each month, there should be a way to eliminate your debt without having to resort to a second job, hawking family valuables on Ebay, or doing anything else to generate extra income.
The money you’re currently making now SHOULD BE sufficient, again assuming you’re not underwater each month.
3. Little to no change in your current lifestyle
This one’s a big one. You see, most ‘get out of debt’ programs require you to make dramatic changes to your lifestyle. They expect you to cut off the cable, stop eating out, stop buying new clothes, and basically becoming a financial miser.
Now, would doing all of these things help? ABSOLUTELY!!
However, they shouldn’t be a requirement to make the program work, otherwise you’ll get frustrated and most likely never actually use the program to its fullest potential.
4. Super-simple to use
This is another big one. Many get out of debt systems out there require you to do some pretty rigorous calculations and math on a consistent or on-going basis. Are you serious?
Who in their right mind wants to spend hours each month adjusting and recalculating just to make the system work?
I for one don’t and wouldn’t expect anyone else to. For any system to be truly effective it MUST be super-simple to use meaning you may have to go through a setup phase once, but after that it should just work. Plain and simple.
5. Help you analyze future purchases/consequences
Now this one isn’t so much a requirement as it is a ‘nice to have’. However, if you can find a system that can help you get out debt as quickly as possible PLUS show you the consequences of future purchases and what it would do to your financial situation, what a bonus!
Remember, any system you use should help you become more informed and educated as it relates to your finances and the ability to evaluate future purchases could be a HUGE help as you work to build real long-term wealth.
6. Available 24/7 - not a static solution
This is another problem with many of the ‘get out of debt’ programs out there today. It involves some static spreadsheets, or paper printouts that have to be updated manually by you. Seriously now, do you really want to have to go through this every time you want to see your status?
With the technology we have available today you should look for a program that is a DYNAMIC solution that automatically takes into account any extra income you might come across, changes in your job situation, a decrease in interest rates, etc.
There’s absolutely no reason at all you should have to fiddle with anything to take these factors into account!
7. Low cost – relative
Listen, if you’re trying to get out of debt, doesn’t it make sense you’re trying to limit your expenses? Of course you are!
But price is definitely NOT the only thing you should look at. You’ve got to look at the relative cost of any potential solution. In other words, not just how much is the sticker price, but also how much could it potentially help you save?
In other words, you can’t just look at the stick price you’d pay today for something. You’d got to look at the cost, plus any potential savings to determine if it’s a good investment.
For example, let’s say you found a program that has a price tag of $97-297 but you know you’ll never use it because it too hard to figure out, or it’s not easy to maintain, or any other host of reasons. I’d say it’s probably not worth the cost because it’s not really going to help you.
On the other hand, if you found a system that cost you $99K but it could save you over $100K in interest and you KNOW it would because it’s easy to use and maintain then I’d say it’s a GREAT investment because even though it costs a lot it saves you more in the long run.
Make sense?
8. Lifetime solution
If you’re going to invest your money in a system to help you get out of debt, then it’s got to be something that will last you a lifetime. It can’t simply be a one-time affair that only works for a short period of time. It needs to be something that you can set up right now, and feel confident it will still be helping you for the next 20 years if necessary!
9. Has been proven to work
This one simply goes back to the ol’ credibility thing. It’s the pioneers that come back with arrows in their backs, so be sure you feel confident that whatever system you’re investigating has already worked for others. And not just a handful of folks. It should be hundreds, if not thousands of people!
Don’t be afraid to do some research on your own and at the very least ask to see some testimonials from people that have used the system.
One word of caution here though. As you’re researching ANY program you’re most likely going to encounter some negative comments. This is pretty typical with anything successful, so be careful not to look at just the negative comments.
10. Doesn't trash your credit
Finally, any system you use to pay off your debt should only help your credit. If the program you’re looking at threatens to hurt your credit in anyway, run the other way as fast as you can!
Remember, we’re trying to eliminate debt so we can better our financial situation. Anything that goes contrary to that should be avoided like the plague.
Okay, so those are the 10 criteria you should keep in mind as you search for the right tool to help you pay off your debt as quickly as possible. While this isn’t an all-encompassing list, it is a pretty thorough list that should help you make a decision you can feel good about.
Now, as these relate to the Money Merge Account® system, it passes all 10 of these criteria with flying colors! In fact, in all of our research and investigation we haven’t been able to find another program that even comes close to meeting all 10 criteria.
Remember, we offer a FREE ‘How Fast Can I Be Out of Debt’ Analysis to help you see for yourself exactly what the Money Merge Account system could do for you.
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February 17, 2009
- Pay Off Debt - There Are Many Options Available
As we hear more and more about the struggle our economy is facing and the potential for things to get even worse, it should be a signal to everyone that RIGHT NOW is the time to get out of debt.
Actually, we should've either started the process several years ago while times were good, or not even gotten ourselves into debt in the first place, but it doesn't do any good to lament about it now!
Anyway, as we each individually begin the difficult process of figuring out how best to pay off our debt, it helps to know what our options are. And there is no shortage of 'experts' touting their solution as the answer to everyone's problems.
The problem with that is that there's really no 'one size fits all' solution. It's CRITICAL that you weight the pro's and con's of each potential solution, consult with experts if necessary,and ulimately make the decision based on what's really right for you and NOT what some TV commercial or other advertisement is telling you what you should do.
Now, for those that are serious about getting out of debt for good, these are some of the options available:
Remain status-quo and continue making payments against your debt as laid out by your lenders or credit card companies. While this options will eventually get you out of debt it's a well known fact that you'll end up paying multiple times the amount of money you owe because of the interest charges. ESPECIALLY if all you're doing is making the minimum payments.
Debt consolidation - entails taking out one loan to pay off many other loans. Can make paying off your debt easier because everything's consolidated into one monthly payment with hopefully a lower interest rate, but there's no guarantees.
Debt settlement - the process of negotiating with creditors to pay off part of a balance on debts. Could be a good solution for people that are seriously underwater each month on their debts.Unfortunately, in most cases this can do serious harm to your credit as the first step for money of these programs is to have you stop making payments on your debt. If you want to pay off your debt quickly, without cheating your lender (a personal viewpoint) or harming your credit, this probably isn't the way to go.
Consumer Credit Counseling - offers consumers education on how to avoid incurring debts that can't be repaid. The process often involves negotiating with a person's creditors to establish a debt management plan with reduced payments and interest rates.
Debt Snowball - this method is touted by many well known financial experts as the 'best way' to pay off all your debt quickly. Essentially you make a list of all your debts, complete with all the payment terms, interest rates, etc., and then you arrange them from highest interest rate to lowest. You then begin attacking the highest interest rate debt first, then once that's paid off, you take the money you were using to pay off the first debt and apply it to the second debt until it's completely paid off.While this can be a good solution, it doesn't always take full advantage of EVERY available asset you have. Plus, many of these programs amount to nothing more than a static spreadsheet. Again, it can certainly be effective at helping you pay off your debt quickly, but it's definitely not the easiest way to go about it.
The Money Merge Account® system - an Internet based software program that takes into account all your debt as well as all your available credit, income, and other financial 'tools' that could be used to help you eliminate your debt quickly. It then plugs everything into some complex financial calculations and using factorial math (taking EVERYTHING into account) it creates a step-by-step road map for eliminating your debt as quickly as possible.Again, these certainly aren't the only options available, but these are some of the most popular. Before you begin ANY program to pay off your debt fast, you'll definitely want to do your own research to determine what's best for you.
If you'd like to learn more about the Money Merge Account system from United First Financial® we invite you to request your FREE analysis that will tell you exactly how long it will take you to eliminate all of your debt, mortgage included, without making drastic changes to your current lifestyle.
Visit 'Get Out of Debt' today to request your FREE analysis!
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February 10, 2009
- Can Just Anybody Qualify For the Money Merge Account Program?
Just as there's no 'one size fits all' the Money Merge Account® system is NOT for everyone. It's important to go through a brief questionnaire when applying for the Money Merge Account program to help determine if you are indeed qualified AND more importantly, if the Money Merge Account system can really help you eliminate your debt in as little as 1/2 to 1/3 the time.
Fortunately, there are several avenues that can be taken to gain approval or tailor the program to work for your specific situation, so if you don't qualify intially, don't fret. Chances are we can work with you to find a way to help you qualify for the program.
If you'd like to run your free 'get out of debt' analysis to determine how quickly you'll be able to pay off all your debt with the help of the Money Merge Account program, visit the 'Get Out of Debt' page, download the analysis worksheet, fax it back to us, and we'll run your analysis within 48hrs.
The analysis is FREE, but the fact that you could be out of debt ENTIRELY in as little as 1/2 to 1/3 the time with little to no change in your current lifestyle is PRICELESS! Contact Us today to get started!
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February 3, 2009
- 5 Easy Steps to Becoming Debt Free With the Money Merge Account System
1. Fill out the Money Merge Account® program application
2. Activate your Money Merge Account system
3. Deposit Your Paycheck
Deposit your paycheck into your current checking and/or savings account. As soon as the funds clear, the amount you designate is transferred from your checking and/or savings account into your Money Merge Account program managed line of credit. Because the line of credit is connected to your home, the money transferred from your checking and/or savings accounts decreases your mortgage balance, thus reducing the balance in which interest builds.4. Pay Your Bills
Throughout the month, you pay your bills using your Money Merge Account system managed line of credit. With this account, money is immediately available through checks, debit cards, and ATMs. The amount left after bills have been paid remains against the balance of your mortgage until you need it, keeping your mortgage balance as low as possible, further reducing mortgage interest charges.5. Follow the system
Follow the promptings of the online Money Merge Account system to maximize your savings and pay your mortgage off as quickly as possible.**Check with your United First Financial agent to see if the Money Merge Account program is right for you.
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February 2, 2009
- How The Money Merge Account System Works
The Money Merge Account® system consists of three major components:
1. Your Existing Primary mortgage
The existing mortgage on your home is the foundation for the Money Merge Account program.
2. An Advanced Line of Credit (ALOC)
The Money Merge Account program uses an advanced equity line of credit as a vehicle or a tool to drive the program. The equity line of credit must have the capacity to operate similarly to a primary checking account and be set up with an open-end interest calculation (rather than a closed-end interest calculation).
Combined with the Money Merge Account system's web-based system, this creates a formula in which the money in your line of credit account generates an interest cancellation on your primary mortgage.
3. Money Merge Account Software
The online Money Merge Account system makes a connection between your bank account, the advanced line of credit, and your primary mortgage. Each time you deposit income into your account, it registers as a decrease to your mortgage balance. By decreasing your mortgage balance, you now lower the balance on which interest accrues.
By decreasing the balance on which interest accrues, you increase the portion of your monthly payment which is credited toward your principal pay down.
The algorithms in the proprietary Money Merge Account system are systematically programmed to create the highest interest savings possible in the least amount of time.2
January 19, 2009
- Banks Willing To Forgive Consumer Debt, But Not Forget
While many forecasts expect the current financial downturn to only get worse in coming months, many banks appear willing to take a little as 70% of the amount of debt owed in effort to get "whatever they can". But before you rush off to call your bank to tell them you're only paying 70% of the debt you owe, remember, they're not doing it for you. They're doing it for themselves and they're going to make you pay one way or another.
Even though you might be able to eliminate 70% of the credit card debt you owe, banks will do everything they can to ensure your credit report reflects this 'debt settlement'. So if you're staring at a mountain of consumer debt and don't know how you're going to get caught up, you might want to carefully consider approaching your bank about a debt settlement.
Remember, this should NOT be construed as financial guidance or advice. You need to consult with a liscensed professional regarding all financial matters, but just know there are options available. Unfortunately, there are consequences as well that none of us has control over.
If you're like to eliminate your debt using a powerful system that won't impact your credit rating, will have very little to no impact on your lifestyle, and can help you get rid of ALL your debt in as little as 1/2 to 1/3 the time, then we invite you to check out the Money Merge Account® program from United First Financial®.
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December 16, 2008
- 9 Steps to Getting Out of Debt
If you find yourself buried in debt and you're not sure which way to turn, here are 9 steps for paying off your debt based on Suze Orman's book, 'The 9 Steps to Financial Freedom':
If you're in credit card trouble, cut up all your cards except for one which you should keep ONLY for emergencies.
Pay AT LEAST the minimum each month, if not more.
Pay off the card with the highest interest rate first.
Negotiate the best interest rate possible, even if that means switching cards every 6 months.
Understand how EVERYTHING about your card works - all fees, penalties, interest, etc.
Honor ALL debts equally, and pay it all off - whether it's your VISA or money you owe a family member.
After you've paid off one debt, apply the money that was going to that account to the next debt to be paid off.
If you're not sure if you can manage it all yourself, consider contacting a credit counseling agency. Better yet, if you're at least breaking even on a monthly basis, consider getting on the Money Merge Account with United First Financial. This program will help you pay off your debt in 1/2 to 1/3 the time WITHOUT any extra income.
Once you get out of debt, STAY OUT OF DEBT!Now, there are lots of theories, ideas, and programs out there for how you can get out out of debt so be sure to review your options thoroughly and select the one you feel best meets your needs.
There's absolutely no feeling in the world like the freedom that comes from being 100% debt free!
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December 15, 2008
- Getting Out of Debt Is Easy To Do, But…
This is a saying from a good friend of mine, Michael York, although I think he borrowed it from the venerable Earl Nightengale. He says, "it's easy to do, but it's easier NOT to do it."
While this statement applies to a great many things in life, it most DEFINITELY applies to getting out of debt. There's a myriad of reasons you find yourself currently in debt, but it doesn't have to be this way.
And while it's certainly possible to get yourself out of debt simply following sound financial management principles, far too many people can't make it work for one reason or another.
Here's a short video clip with some great ideas and suggestions for eliminating the debt that's holding you down:
If you're sick and tired of trying to get yourself out of debt and you want to do it in 1/3 to 1/2 the time it would normally take with NO ADDITIONAL income, visit the 'Debt Free At Last' link above to learn about a revolutionary tool that can help you do just that.
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