Dumping Credit Card Debt Forever

Peace & Prosperity,
     I had numerous recent conversations regarding credit card and other debts. I help folkout out debt on the daily. While I pray and pour libation for your financial-FREEdom I submit this for your consideration. Here's the road to FREEdom. Let me start Biblically.... Romans 13:8

"Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law." - KJV
"Let no debt remain outstanding, except the continuing debt to love one another, for he who loves his fellowman has fulfilled the law." - NIV

     If you are one who follows the Bible I invite you to consider that passage.........Cool..... Time up. I'm not pushing a certain translation or interpretation. However, it seems pretty clear that this particular passage warns Bible-followers to remain away from debt and to pay their debts. What's crazy to me is I've met and interacted with numerous self-described Bible-followers who aovid creditors calls, who have crazy amounts of debts, who have gone to court for collections, and who have had to move numerous times due to not paying their rent. One of the most difficult moves in acheiving financial FREEdom is dealing with debts. Here's one solution:

GET OUT OF DEBT !

My debt-destruction partner Dinh Nguyen and I provide a service that can reduce the amount and interest rate on debts. The ability to assist clients is fact dependant (It doesn't work for everyone - it depends on a few considerations) but when it works it works. To learn more about the process contact Dinh by calling 1-800-470-8155 ext. 141 and he will review the terms and see if it will be a good fix for you.

If your debts are greater than your income I would suggest considering our strategy and also considering the National Foundation for Credit Counseling (http://nfcc.org/) and requesting a Hardship DMP (Debt Management Plan) which may reduce your interest to 0%. Today I listened to a Clark Howard episode (01.24.13 - Here is the download link)  where he correctly advised the same. Currently my family is using the Debt Snowball approach,  as described by Dave Ramsey and my financial fav' Michelle Singletary, which sets one in a process of payiong off the smallest debts towards the largest debts to effectively 'Flee From Debt !" Whatever approach one uses, GET OUT OF DEBT. The good life awaits you ! Be blessed, stay blessed, be a blessing.

One last thing, If you know me personally.......Yes I do read and refer to the Bible. Don't be shocked ! I follow tried and true approaches.............. Hotep & Ashee !
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Seko Varner is from Positive Vibes Financial, a World Financial Group team of financial services agents. They specialize in debt reduction, investments, and insurances. Seko is also in high demand as a special events DJ and owns an event marketing service. Seko has diverse background in business, real estate, counseling and education. Seko is active with numerous Youth Mentorship programs and has a background in radio and television. Visit www.HappilyEverAfter.Be or call 757-248-3820 for more details.

Self Determination - I am wealth - Kujichagalia

"To name ourselves, define ourselves, speak for ourselves...."
    I grew up with this principle and transliteration being my favorite. As a youth involved in early Hip-Hop culture it was important to name yourself and to define yourself. I had various names and definitions from The Stingray, Shy-Ben, D.J. Mastermind, and The Graffiti Ratt ! During the same time I spent great amounts of time in various church choirs, bands, and youth activities. In each of these venues I was able to display and explore various aspects of what I became to understand was my growing-totality. I also was guided into understanding what I wasn't as well as what I was. Even as all of my nearly 95% white neighbors in Columbus, Ohio moved out of the area as soon as my family moved onto the court. I saw "For Sale" signs going up while we were still unpacking the moving van from New York Those moving neighbors called me all types of names and attempted to define me in many ways. One of the things which saved me, in addition to watching the paradoxical events of some of those neighbors seeking out my Father's advice and guidance on religious and addiction matters they were struggling with, was the principle of Kujichagalia. I was later able to hang-out with peers who were involved in very negative behaviors and overcome the peer-pressure because I refused to accept their assumptions and definitions for me although I didn't refuse their friendship. On numerous occasions my friends would warn me when they were going to engage in something that didn't fit in my definition of myself or my activities. After they warned, I simply left the scene and found something else to do. Since our family lived the principles of our seven candles daily along with our Christian values, leaving my peers and publicly sharing my reasons for leaving them during those moments provided me with valuable leadership skills.

     A few years ago I decided that I wanted to change the experience of my family. My parents believed that if one received a good education, everything else will fall in place. While my parents, and those in their time made great strides to transform America into the America that I'm enjoying, this approach has left some of the crusaders of those times in poverty, depending on social security, or just making it. While most of family's elders seemed to be doing well I began noting as I grew older a deep seated concern on their finances. Many were living too long, and were outliving their retirement plans or outspending their pensions. While all of my father's siblings seemed to be doing well, few were in a position to "employ themselves and employ others", which is a sure sign of empowerment. After much research I found the writings and books of Dave Ramsey, Clark Howard, and my beloved Michelle Singletary. Soon I began a process to rid myself from any forms of debt, and then the Wifey-Fo-Lifey joined me as we moved towards a total money makeover. We're still in the process and not enjoying the process, but we are reaping the benefits of the process. We are winning. Our household mantras went from "No New Debt" to "Destroy all past debts". Although we have a 30 year loan on our house, following the strategies from the aforementioned gurus, and using other strategies I learned after I joined World Financial Group and became a financial services professional, we will save hundreds of thousands using these approaches versus following the normal dictates of the mortgage.

     We should be able to pay for our children's college costs easily out of our pockets, and we have multiple strategies which will safely yet bountifully fund our retirement years.  This year we were able to  go over budget on our Christmas gift spending without using a dime of credit, and our budget overage will not affect our operational budget. As Dave Ramsey states "Live like no one else, and later you can live like no one else." In this upcoming New Roman Calendar Year, I pray that you may begin living like no one else. Debt is the new Slavery.............. And we ain't going back ! I pray that you leave the credit-devil alone. I pray that you stop believing the lie that a person needs credit to get ahead. Define yourself as wealth and act in that manner. Wealth invests it's resources, honors it's commitments, and then spends on the non-essentials. As KRS-ONE states "Visualize wealth, and put yourself in the picture." Habari-Gani ? Kujichagalia !!!!! Light that 1st green candle son.
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Seko Varner is from Positive Vibes Financial, a World Financial Group team of financial services agents. They specialize in debt reduction, investments, and insurances. Seko is in high demand as a special events DJ and owns an event marketing service.

Seko has diverse background in real estate, personal finance, business, counseling and education. Seko is active with numerous Youth Mentorship programs and has a background in radio and television. Visit www.HappilyEverAfter.Be or call 757-248-3820 for more details.

How much do you need to save for retirement? - Clark Howard

I'm a big fan of Clark Howard, Dave Ramsey, and Michelle Singletary (obvious bias for Michelle..eye-candy). While listening to Clark the other day he noted that Fidelity has a new way of guiding people into the the amount they need to "retire with dignity" (As Dave Ramsey says). I wish I would have listened to this particular show a day earlier as I met with a couple the night before to prepare their retirement planning. As I noted that they might need to save 10% - 15% of their current take home pay to be able to have a similar or possibly higher amount of income from their retire-investments they both glazed over in the eyes. "We haven't done that, how do we know how much we need ?" was their question. We began to complete a full analysis just to answer that question. We still have work to do. Then the next day I hear Clark Howard share his recent find from Fidelity Investments (who handles one of my 401-K accounts) which easily provides an answer to that couples question. Here is the simple approach from Fidelity. To "Retire with dignity...."

• By 35, save 1x gross annual salary
• By 40, save 2x gross annual salary
• By 45, save 3x gross annual salary
• By 50, save 4x gross annual salary
• By 55, save 5x gross annual salary
• By 60, save 6x gross annual salary
• By 67, save 8x gross annual salary

Here is the link to the full post by Clark Howard:

http://www.clarkhoward.com/news/clark-howard/personal-finance-credit/fidelity-issues-new-guidelines-about-how-much-save/nSDFY/

  

Keep in mind to keep your retirement planning diversified. In addition to putting 6% in your company's matching 401-K plan, be sure to fully fund a Roth-IRA (if you qualify) and consider a 7702 plan as both the 7702 plan and the Roth IRA are financial products that do not currently face taxes on the growth of the investments.With 401-K and similar plans one will pay taxes on the seed and the growth of the investment. If you are not preparing for your retirement, it's never to late. Contact or obtain a financial planner, contact me if you feel comfortable, or I can refer you to another financial planner in the United States. Be ye' prepared !

Seko

Enjoy a lil' Michelle !
http://www.youtube.com/watch?v=MCvdS8aKhTM

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Seko Varner is from Positive Vibes Financial, a World Financial Group team of financial services agents. They specialize in debt reduction, investments, and insurances. Seko is in high demand as a special events DJ and owns an event marketing service. Seko has diverse background in business, counseling and education. He has been real estate agent, a school counselor, a teacher, and an Intensive In-Home Counselor. Seko is active with numerous Youth Mentorship programs and has a background in radio and television. Visit www.HappilyEverAfter.Be or call 757-248-3820 for more details.