consumer and personal debt is perhaps the number one problem today in most American families. The reasons linked to the huge increase in debt to the new socio-economic models suggest that we are a nation obsessed with the lifestyle and consumption.


America has always been a nation of consumers and the American people have always been one of the highest living standards in the world has enjoyed. Something else has contributed to this national crisis.


What has changed in recent decades is that we have a very sophisticated technology, designed to buy debt. Purchase of bonds is closer to your cell phone or a personal computer and can be performed in a few seconds.


However, we have more slowly in the development of these sophisticated systems to manage this demand at the level of consumers. We have been victims of a technology gap between the acquisition debt and debt reduction.



> Or, more accurately, your creditors to manage your debts for you and they are naturally in a way that is most favorable to them, is not necessarily to be administered.


consumer level, we tend to hold our debt separate, divided and isolated into separate accounts, which makes it impossible, until recently, the strategic management of that debt.


automated debt management were required by banks, insurance companies and other institutions, to maintain cash reserves have been used, but until recently were not available to consumers because the cost of development and support of these specialized systems management cash flow .


many people in other parts of the world to reduce access to various systems had debts. In this country there is a relatively new opportunity for a systematic management of our personal and consumer debt. We now have access to affordable technology to manage the debt, rather than managing us.


Let me explain first what is a modern system of debt management is not there.


This is not a set of instructions or “How …” Book from a variety do from sources well-meaning, that collect too much weight on evidence teaches us, “stop spending so much money,” or “cut off our credit cards. This is not a metamorphosis of the system that assigns difficulty our daily consumption.


This is not a static chart or a plan of debt reduction that does not consider our daily personal finances.


It is not the refinancing of existing debt or consolidation of small short-term debt in greater long-term debt. This is not a self administered or pre-calculated plan to accelerate the repayment. This is not to negotiate with your creditors or other means to reduce debt, that payment of the legitimate demand, dollar for dollar “‘avoids. / P>

the model of the Bank, and modern systems of debt management are integrated into your daily and monthly financial transactions. They are dynamic. Modern systems of debt management have the ability to analyze and manage all your debt including your mortgage, side by side in a single environment and strategic adjustments to your cash daily or monthly basis.


A modern system of debt management is planned for the liquidity. The liquidity is the debt that the water is for the fire. If you have an abundance of cash, you can be out of debt in a short time. On the other hand, if you have a lack of liquidity, it may take decades to get out of debt.


A modern system of debt management focuses on ways to raise cash and current efforts to develop their full potential future liquidity. He uses the money to systematically eliminate the debt. It can develop multiple sources of liquidity and the use of the liquidity of the debt as leverage against.


because of the importance of liquidity, debt management is equipped with modern and efficient systems of debt reduction in full with your current monthly income and cash flow cost integrated. This does not mean that the increase in your income and / or reduce your costs is a necessary condition. > A system of good debt management uses the existing cash flow, not necessarily change.


A modern system of debt management is to monitor relatively painless and require no significant changes in your spending habits into force. It may be adjusted dynamically to repay debts, to maintain a certain level of debt, but bear the costs or reduce fund a retirement or college savings for retirement.


today are sophisticated, versatile and not an efficient system of debt management cheap. But in view of future interest rate savings, they increase the cost of the system in the first months of use and over time to achieve the interest savings in excess of total debt present and future.


an inexpensive system is or do-it-yourself probably not a good alternative. While you may be able to redirect some money and do good, you would not be able to mathematical algorithms embedded prompts a sophisticated system to produce the best results again.



current financing plan worth ‘weight of the paper should address both sides of the balance sheet and a modern system of debt management.



David Haslett is Senior Director of the National Freedom Equity Group. To find out how modern technology in the debt-management can help you repay your mortgage and other debts, go to:>



Debt Management