Saturday December 5, 2009
Debt Free America Provides A Different Approach To Debt Counsel
Posted by admin as Counseling, Debt
One interesting facet of free enterprise is how businesses get started. Some people have dreams of doing a particular vocation. Others find themselves doing work that veritably fell into their laps. Yet others look at what the marketplace is demanding and proceed to develop a business to meet that need.
The founders of Debt Free America have developed their business due to a huge increase in the financial world of debt problems. Many consumers are faced with dilemmas for many different reasons which are compounded through the recent economic downturn our country is experiencing. Debt Free America has approached this service need with an interesting tool. They have developed an interactive website that succinctly brings advice and economic training to those who need it now.
The website is found at debtfreeamerica.com and is a guide for debt eradication and re-establishment of positive personal economics. The consumer has the option of calling a toll-free number listed on the website or to use the ‘Guide me online!’ link to begin their process. There is also a registration for a free newsletter from the company.
The “Guide me online!” features four modules or steps that introduce some basic economic facts to the consumer. Ray Noftsinger, the owner of Harbour Credit Counseling and NewSuccessPath.com presents a video and basic financial news articles in the modules to begin the process of debt free living.
The Modules are as follows:
- Module One – Spending Plan and Net Worth
The video and written script describe the two basic measuring points for a family’s financial health. - Module Two – Net Worth – Details
This module discusses what assets and liabilities are and how each of those affect a families cash flow. - Module Three – Cash Flow Concept to Lifestyle
The third module defines cash flow concept. The video and script explain how a lifestyle concept is developed through understanding and improving one’s cash flow. - Module Four – Compound Interest and Asset Categories
The last module provides an interesting lesson on how compound interest can work for you and how to pursue a cash flow engine that will produce for you. It also talks about three categories of status: Employee, Small Business and Self-Employed, and Business Owner and Investor.
The use of an interactive website with interesting videos and graphics is a novel approach to introducing debt eradication and wealth building to a needy public. It is a good way to learn personal family economic basics and to introduce you to the world of debt counseling.
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Tags: cash flow, debt counsel, debt free america, net worth, spending plan