How to Look At Debt
In the current economic climate many people are looking for quick ways to eliminate debt and restructure their financial picture. This is a great concern held by many who were caught short during this financial crisis. Because many are paying attention to their finances now they are focusing on getting rid of debt when they should be focusing on creating wealth. Now, I know when you are in the middle of owing money you think that is the most important focus but at least try to look at it differently.
Having a focus on debt reduction or elimination, without focusing on wealth creation is like trying to eliminate war by always fighting. The best way to eliminate war is to focus on peace, and the same principals apply in finance.
With a focus on wealth creation and efficiency you will be able to see debt in a whole different light. You will be able to see how it relates to your whole economic picture and not just how is fits in a micro view of just looking at debt singularly. The best ways to look at your whole financial world is through a macro economic simulator and see how the debt relates to your whole financial picture. It’s always better to look at the whole first then the parts.
It’s like putting a jigsaw puzzle together; it’s difficult to put the puzzle together looking at only one piece. You have to see the whole picture first before you can put the puzzle together efficiently. If you try to put it together without understanding the big picture you will spend unnecessary time and effort and probably never get the puzzle together. But if you were successful in getting the puzzle together it would be tedious and inefficient. Seeing the big picture first will give you a better advantage.
You must look at your financial world the same way; you must see the big picture first before you can understand the pieces. To focus on debt is like looking at one piece of the puzzle, its not the whole puzzle. You might think it to be the biggest piece of the puzzle at the time, but it is still only one piece of the picture.
With our economic simulation process we are able to see the whole picture first and then understand the pieces. We are able to see how to fix the debt specifically. When you look at the whole picture first, you can see how all the pieces fit together. Your debt is easy to fix when you can see everything, but unless you are able to see everything at one time, you will think the debt is the most important part when it might not be. Its only important in your mind!
The so-called financial experts attack specific financial problem by creating additional problems. The traditional method of eliminating debt is to create more debt, but stretch it out farther. Before this economic crisis, the way to solve the debt problem was to use real estate as if it was an ATM machine and look what happened, the real estate values dropped and now there is less equity to do it again.
There are other methods that are equally as painful when only viewing the problem as one piece of the financial picture. When focusing on the whole picture and wealth creation you will be able to see how to recover lost dollars that are eroding away and applying these lost dollars to debt recovery. Through economic simulation many times you can recover debt with interest and put it to growth even making you wealthier.
So next time you look to paying attention to your debt ask yourself the question, How does the debt relate to my whole financial picture? If you want to learn how to understand your financial world and hear information that you will never hear from any financial institution, financial planner, or many accountants then go to Money Teleseminars and sign up for a 2-hour tele seminar about “Wealth Recovery”. You will see the financial institutions and financial planners in a whole different light, I promise!
Thanks for reading,
Dr. Raymond Jewell, Economic Advisor
"Money Talks" is a newsletter from MoneyTeleSeminars.com
Are Financial Loses Recoverable?
Today I want to point out that the many people who have lost huge sums of money to the financial institutions and financial markets, will never recover these dollars again. The losses are gone! Many financial planners and financial institutions are telling people that if they stay put they will get their losses back. Never in a million years will that happen!
Here is why. A loss is always a loss, that will haunt you until you die. Whenever you lose any money you lose the entitlement of those dollars forever. You will lose the ability to derive growth from the dollars for the rest of your life. Just look at it this way, if you had $100 in the market and the market dropped to $50, you lost $50, correct? If in a few years the market returns the $50 back and you are back at $100, you should have had $150. You lost $50 and will never get it back, it is gone forever.
No matter what you do you will always have the loss, and further to compound the problem you will lose the growth on the loss forever. So when anyone tells you that you will recover your loss they are wrong. But this is another piece of the miss-information that the financial people and the financial industry put out, expecting the public to not pay attention and take the information as fact.
Our MoneyTeleSeminars give you basics to know how to understand the real truth. If you want to be able to know how to win in these current economic turbulent times than you will want to come to our MoneyTeleSeminars.com "Wealth Recover" Teleseminar. We are processing 10,000 people in 2009 so you will want to get registered ASAP and guarantee your place. With the economy in the position it is, many are looking for ways of becoming more efficient so don't wait.
Thanks for reading,
Dr. Raymond Jewell, Senior Economist
www.FinancialFreedomRadio.info
Learn the 4 laws of the financial institutions by clicking the above link.
Unlock the power of wealth creation within your own life.
Announcing MoneyTeleSeminars.com for Wealth Creation
MoneyTeleseminars.com, created by Dr. Raymond Jewell, the renowned business economist, is designed to inform the Google readers about his new teleconferencing sessions which are designed to educate people in wealth creation. Dr. Raymond Jewell has been in the private business consulting business for over 30 years. He has assisted many people in wealth creation over the years.
FOR IMMEDIATE RELEASE
PRLog (Press Release)
Mar 04, 2009
Downingtown, PA
Dr. Raymond Jewell is one of the leaders in his particular area of wealth creation, and mentoring people in the art and science of wealth creation. His expertise is noted worldwide, and with the introduction of his new MoneyTeleSeminars.com site, he is vitally involved in taking his message to the readers of Google.
Dr. Jewell's Bio is as Follows:
Dr. Raymond Jewell, Economic Advisor, has a doctorate in economics and is President and Chief Economist of Highview Management, Ltd. Dr. Jewell has been coaching clients for thirty years to reach economic success, understanding how to build sustaining wealth instead of building cash that gets eroded away by financial fluctuations. In his coaching practice he has coached may business owners to achieving efficient business models with one of the focuses on converting economic inefficiencies to efficient growth. "In our current economic climate it is essential that everyone become highly efficient economically which encompasses not only finance, but many other variables that make up one's economic world."
Dr. Jewell has published many articles and EBooks about finance and economic strategies that enable consumers to navigate through the maze of financial miss-information. Dr. Jewell is the developer and owner of Life and Financial Imaging, which is an interactive process that enables consumers to build a dynamic model of their life's wants and dreams throughout their life, enabling them to incorporate the "Law of Attraction" into their economic model. With an understanding that wealth is created by individuals, not institutions Life and Financial Imaging enables anyone to put their life in a wealth creation mode allowing the natural laws of economics to create success.
Dr. Jewell also developed Personal Economic Coach, which brings together simulation methods that allow clients to understand the feelings and emotions centered around wealth creation and economic success. Utilizing many processes available, clients are able to feel and understand emotions centered around their personal wealth creation desires. This enables clients to know that they are on a solid path, and verify everything they are doing financially, as to whether they are efficient. Clients are able to simulate their economic future through economic simulation models and see whether they are on the right path or not, then correct their losing strategies.
“Today we are entering a new economic era that requires verification of financial moves before they are made, making sure they are efficient or not. The financial institutions and financial planners are not capable of validation. Anyone who wishes to be successful financially, going forward, must be able to simulate their economic future before it happens and fix the mistakes before they occur. Without this people will continue to fail economically.” Stated Dr. Jewell.
This exciting new approach to assisting people in money management and wealth creation is designed for anyone wishing to know more about money, and how to deal with it effectively. The draw for this program is especially important in today's struggling economy.
Registration for the upcoming Money Teleseminar is located here: http://www.moneyteleseminars.com/Home.html
For more information, please contact:
Rachel Coleman
rccoleman@highviewmanagement.com
or
April Elias
april.elias@highviewmanagement.com
Statistics show that most people are losing between 10%-20% or more of their gross income or revenue to financial inefficiencies and they don’t know it. If you would like to recover these lost dollars.
Issued By : Dr. Raymond Jewell-Business Economist
Country : United States
Categories : Business, Finance, Media
Tags : money teleseminars, money, teleseminars, wealth creation, business consulting, dr raymond jewell-business economist
Shortcut : www.prlog.org/10193320
Have you lost money over the last decade to the financial system?
Statistics show that most people are losing between 10%-20% or more of their gross income or revenue to financial inefficiencies and they don’t know it. If you would like to recover these lost dollars and put them to growth then I encourage you to sign up for my “Wealth Recovery” TeleSeminars.
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