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For some time I’ve been aware that being able to share wealth creation breakthroughs and issues really helps encourage students! It helps you feel part of a very special community (which you are!) – a community that isn’t much evident in the outside world. The M for Mindset in TEM$ is the most important aspect of wealth creation, so keep yours positive, motivated, learning, and talking! Post your blog today!

Thursday, July 24, 2008

Free Yourself From Debt In Less Than 8 Years

Contents:

1.) Get rid of all your debt in less than five years
2.) Life changing events

New posts on my blog

Don’t give up
What Goethe saw nearly 200 years ago
Look after this very moment as if it were gold, and all future ones will take care of themselves
Abundance is a natural law of the Universe

Interesting article on why most people work hard, and get nowhere
A short history of consumer credit

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1.) Get rid of all your debt in less than five years
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Let me tell you a story!

“In 1984 my life was going well, as I saw it.

I was happily married to Tanja. I had bought her a house. I had bought myself a nice new car. I had put new wooden garage doors on. I was the top-selling Old Mutual salesman in my branch, which was Rustenburg. Tanja was a magistrate. We were a two income family, doing nicely. For a boy who sometimes went to school without shoes, and who failed his matric (Gr 12), I was doing more than nicely – I was doing brilliantly.

You could say we were solidly middle class. We had the cars, the house, the income, the lifestyle.
We also had the mortgage, the debt, the car payment plans. But we didn’t worry ...

Like I said ... middle class.

We felt secure. Like the middle class do. And that house of ours was central to our feeling of security.

As a good salesman I was in a strong position. I knew I could easily bring in enough to pay for all of this, every month.

Until something changed.

One of my clients, who had been buying policies from me for two years, was ready to sign for a new one. We’d discussed his needs, agreed on a product, worked out the figures, and all we needed to do was write out the policy. But before we could do that, a colleague of mine from the same branch knocked on his door and offered to do it for him.

“Did Hannes send you?” the client asked.

“Yes” was his answer.

So, knowing that the client thought he was there on my behalf, my colleague stole the sale. And got the commission.

I was more than a little angry, as you can imagine. I was not going to be stolen from like that. I told my boss what had happened but he was not prepared to reverse the commission. Nor was his boss.

The client was just as angry at being duped. He came with me to the police station and signed an affidavit. I took it to my manager.

I was called into the manager’s office.

Confident that justice would finally be done, I marched in.

He told me to tell the client I had been wrong – or hand over my car keys AND my house keys and leave, because I was fired as of that minute.

I was paying for the car but it was officially a car allowance and therefore theirs. And they were standing surety for my house, so, like the car, while the bond was all mine, the asset was not!

And I only realized it at that very moment!

Well, I went from hero to zero in 10 seconds. Maybe 5.

They had me over a barrel and they knew it. In the short term, it worked because I had to back down.

In the long term, it was a mistake on their part, because in a flash I saw how they worked, and I never went back to my state of “ignorant bliss”. And I try to make sure that I liberate as many other people as I can!

It was the end of me being a donkey in harness, reaping them great profits, and minding my business. I determined that night, firstly, to get back at them in the most positive way I could: get free of them; and secondly, to make sure I could never be controlled again.

How could I do that?

By making sure that nobody could take my car, my house, or anything else. And the only way to make sure of that was to eliminate my debt.

They were controlling me through my debt.

It was my debt that gave me the illusion of wealth, but overnight that would have vanished once I lost my job.

And they encouraged the debt! We were advised to drive the smartest car we could afford to make a good impression.

And I, until that moment, had thought nothing of it.

So when my boss did that, he exposed the game to me.”

And this is the game, in short:

Employers have a vested interest in keeping their employees in debt. I saw it at that moment! The person in debt has to keep his job or he loses his house, car, etc!

So do advertisers, banks, retailers, the media, even the educational system.

It’s not a conspiracy – it’s worse. It’s a system. Our entire economy is based on it! So every element plays its part:

Our parents pass along the habits – but just in case they remember when it was not normal to live on credit, society has taught us not to value the wisdom of older people anymore – and it’s a short step from there to the neglect of the elderly.

The educational system perpetuates the myths that keep us in debt. Why? Ask yourself who sponsors them? Who do they serve? Increasingly, it’s private enterprise.

Merchants want you to want things, whether or not you need them, and they want you to buy them now, whether or not you can afford them.

The media’s role is to deliver a captive audience to its advertisers so it’s not in their interest to teach the truth - or disgruntled advertisers simply withdraw their money. Most of what they give you is distraction and entertainment even if they call it the news.

Governments, since being persuaded to stop spending money on looking after their people, are partners in fleecing the population.

And then of course banks and other financial institutions make big profits on lending us money.

Everyone in the system has something to lose if we find out the truth. Worse still, even we collude in our own slavery because we prefer ignorant bliss to change! (That’s what Kaizen Wealth™ is all about!)

Do you know that the word mortgage comes from the Old French words mort, "dead," and gage, "pledge." It literally means death pledge. Apparently it was called that because of the doubtfulness of whether the debt would ever be repaid!

How about we start calling a mortgage a death pledge! Might make people think!

What did I do? I took the steps that liberated me, and that I share with you in my Warriors Debt Eradication Seminar

Now is a great time for you to attend, and find out how to live a life of abundance!

Wealth insight: your debt is tying you to your job and servicing it is taking up all your energy – this is wage slavery. Be debt free - with even your bond paid up – it can happen much quicker than you think.

Attend my next Warriors Against Debt Seminar!

Please visit my new warriors agains debt website en tell me what you think

As always - committed to your success

Dr Hannes DreyerWealth Mentor
http://www.learn-to-invest-money.com/
http://www.hannesdreyer.co.za/
http://www.referralserver.co.zawww.warriorsagainstdebt.com/

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2. Live Events and Public Talks
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**NEW** – Warriors Against Debt Seminar
Get completely out of debt (including your home mortgage) in just 5 to 8 years - and start building real wealth from the first month
using nothing more than the money you already make!

Johannesburg – Centurion - Cape Town

For more information
http://www.warriorsagainstdebt.com/

For bookings
http://click.icptrack.com/icp/relay.php?r=1294153&msgid=136826&act=FID8&c=181085&admin=0&destination=http%3A%2F%2Fwww.hannesdreyer.co.za%2FFreeSeminar.asp
or phone my office (012) 542 4560

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THE LAST LIVE - Property Investments in an Uncertain Market - SEMINAR
Cape Town

For more information and bookings
http://www.learn-to-invest-money.com/Property-Seminar.html
or phone my office (012) 542 4560

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Quantum Leap Your Life To Quantum Wealth
Midrand – Centurion - Cape Town

For more information and bookings
http://www.hannesdreyer.co.za/FreeSeminar.asp
or phone my office (012) 542 4560

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Kaizen Wealth™ Transformational Weekend
Pretoria - August 30 – 31
Cape Town - October 4 - 5
For more information and bookings phone (012) 542 4560

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"The Wealth Insights" is Published by Dr Hannes Dreyer,South Africa s number one wealth mentor
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