Discover Top Debt Settlement Secrets

Published: 18th February 2011
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In this article I will give you two great secretes that you can use in your steps to financial freedom. First, you will want to make sure you do not own anything. That is correct you read that right. If you own something in your personal name, it's unsafe from risk and cannot be managed as it should be and it can be taken away from you. Possession or ownership of personal or real property is a fiction anyway. We must view our property, precious stuff and money like the affluent wealthy. We must not be owners, but stewards and the property and money over which we are stewards and we have a duty to properly manage and maintain for ourselves and the benefit of others like the next seven generations of people. The money and property are mandatory tools for hale and hearty living and they will provide for us, and they must continue to serve and provide for others who follow after us. I recognize that sounds so idealistic, but I include it as a secret you must know because you'll perhaps never hear it unless you are serious about taking care of your wealth and using that wealth to take care of your family and friends. Most people do not express these serious feelings or speak this type of language.


The second great secrete that you can use in your steps to financial freedom is to learn to acquire debt to purchase assets. By find ways to acquire debt you can begin to purchase assets faster than you ever imagined possible. Most of us would agree that we have will have only so many years to live on this earth, so the quicker you can begin to build your income and net worth, the more time you will have to enjoy your wealth and money. Well okay, so you're maybe thinking that I'm crazy, and what I'm talking about contradicts it, because in one minute I am saying stop thinking about debts but go out and get more debt. Not so fast, your personal debt was probably a surprise to you, and it's going to be your nastiest enemy and keep you awake at night unless you change your mode of thinking. There is a huge difference, consumers are always surprised by their personal debt, it just slowly creeps up on them, but the wealthy affluent people plan several ways to continue to acquire more and more debt so they can buy more and more assets, invest and create additional new investment opportunities for others and themselves.


You can continue to acquire more debt to finance the purchase of more investments, or you can sell a stock share of the company behind the investments and use that generated money as financial power to increase the net worth of the company. I am not just talking about conventional, brand named bank lending; I'm talking about selling stock shares in your own controlled privately held company. This is known as a private placement or private equity ownership opportunity. There are so many ways to attain debt; in fact there are more ways to get the same benefits as acquiring debt without ever acquiring debt. Joint ventures are a great example. One of our clients recently came to us with about a half a million dollars of debt. We made it uncollectible for him and he then saw his way to purchasing a $500,000 Apartment complex without one penny of his own money.


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