So much to say...

I've been very busy over the last week. People are truggling and they are doing what ever they can to survive or to end the stress of their financial problems.

My week started out with one of my delivery vans getting vandalized and robbed of its precious fuel. The theif didn't want to steal the gas the old fashion way with a water hose, they just poked a hole in my gas tank and let the gas pour out.

They it had more than they could carry so the fuel poured all over the ground after they left.

Later that day I was fueling up my car and I noticed an advertisment on the gas pump for a plasma donor center. I had a good laugh because they want to our money and our blood.

By the way all of the blood plasma centers in the inner city are for cosmetic companies. The plasma helps the makeup stick to your face. How do I know this? We'll I've done the marketing for several of these companies for more than 17 years. After I got to know the managers I just asked and they told me.

MONEY, MONEY AND MORE MONEY PROBLEMS...

The US markets are still suffering, but they are currently constructing a plan for all of the worlds central banks to agree to insure all loans made to each other.

I'm coming to a realization about our money. That realization is maybe not the answer you might expect me to have. If you've been reading my blog postings I've had some reservation about the US Dollar. I've been watching some online videos explaining that the US dollar and all currency that is not backed by gold or something is really not worth anything.

These videos have also been talking about how debt it used to enslave us and make us work like dogs to pay the loans back. But there is a major flaw with these opinions.

The flaw is the need for us humans to "GROW"! Even if we were back in the stone ages, we would have a need to invent and grow to live an easier life.

I think what has happened is on one hand we have the people with money. These people are at a level of knowledge that has them growing to keep power and on the other hand we have people that have no "Will" to succeed or achieve.

95% of us is in the middle. Struggling to either stay at our level, or advance or not to fall back. Believe it or not we need this struggle or we would cease to exist!

No my feeling about debt has not changed. I think that all of us can get ahead if we became debt free. Debt free allows you to own what you buy without just having an equity position.

We need money to survive, people who loan money need to make loans to survive. This is a game! Who will win? Up to know the lenders have been winning, but the lenders have also learned a valuable lesson.

They can't win if we lose! Look at this example: Lender loans you $1,000,000. Your money payment would be about $4,000 per month. The same lender loans $1,000,000 to your friend and their monthly payment is $4,000 also.

The banks has loaned out $2,000,000 and they are only making $8,000 per month back. Now I'm not including interest to keep this example simple.

The bank would have to wait over 20 years to get their money back from you and your friend. This is the formula banks use but they add their interest to make a profit. But they can't make much money doing things this way.

This was the old fashion system of lending. They would only lend to people who could afford it and they were willing to wait years before they turned a profit.

The new system or formula that banks and lenders are using is to sell your debt for a profit and attach all types of fees and insurance type products and services.

In other words they are more interested in selling you either another loan (re-finance), insurance to protect their loan, even though they make it like they are protecting your interest. If things go bad they charge you all types of fees. They love the individuals that pay all the time but they tend to always pay late.

The other secret profit center is the selling (or sharing) of our personal information with other companies. These companies are not always related to the type of business they are in.

For example I just purchase a Laser Shield alarm system for on of my properties. I received advertisments for a clothing company in the box my order came in, but know I'm also receiving mail (junk mail) from that company.

But the funny thing about it I'm already on the list of that company. I've purchased custom made dress shirts from them. So I'm receiving double the amount of junk mail from them.

You might be saying why don't the clothing company update their list which will show that I'm already on their list? There's a good reason why they won't.

Some companies participate in joint ventures, this is when a company will advertise for another and only get paid if their customer purchases something from that specific advertisement.

That's why you'll see "offer codes", "dept #'s" on an ad you receive.

I guess in a round about way, I'm telling you to get good at playing their game. Become more of a seller instead of a buyer.

see you next time...
Steve

PS I need to here your stories about how debt is or has affected your life. Please visit my website and share your story for my upcoming book.
http://www.therealdebtsolution.com