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    Debt Elimination and Wealth Creation for Beginners: The Easy Way to Get Out of Debt and Build Wealth from Nothing
    Debt Elimination and Wealth Creation for Beginners: The Easy Way to Get Out of Debt and Build Wealth from Nothing
    Debt Elimination and Wealth Creation for Beginners: The Easy Way to Get Out of Debt and Build Wealth from Nothing
    Ebook68 pages41 minutes

    Debt Elimination and Wealth Creation for Beginners: The Easy Way to Get Out of Debt and Build Wealth from Nothing

    By Instafo and Michael Wells

    ()

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    About this ebook

    The Beginner’s Guide to “Debt Elimination and Wealth Creation”

    Welcome Newbie - who wants to get out of debt and build wealth from nothing...

    Imagine receiving your upcoming bill and being afraid to open it due to your recent abusive, compulsive, and impulsive spending habit on top of poor money management and missed payments, thus increasing the existing damage from incurred interest rate - welcome to Debt Land!

    D-E-B-T...the word itself strikes more fear in the heart of many than death and taxes; as a matter of fact, it does appear that nothing is certain, except for DEBT and taxes in our modern, obsessive consumer-driven world. Yet, nobody prepares for debt because nobody expects it and definitely nobody wants it, but it could happen to you...like if it hasn’t already. Being in debt could happen to anybody, even to the most responsible and disciplined individuals; these are the “accidental debtors” who fall into debt unexpectedly when life throws a curveball - like job layoffs, failed businesses, personal accidents, hidden expenses, extra loans, and other unforeseen circumstances.

    Rather than debt, how about opting for WEALTH instead? If debt doesn’t apply to you and you’re pretty financially stable, would you like to create more wealth? Of course you do! First, not only consider yourself lucky but fortunate that you have money that would have gone to paying off debt to now being used to amass wealth the sooner you get started.

    Let’s put it this way, accumulating debt is no fun, but accumulating wealth is. But you can’t have wealth while you’re in debt. Or can you? How about turning debt around into wealth? Have you heard of the term “good debt”?

    That’s exactly what “Debt Elimination and Wealth Creation for Beginners” will reveal to you and more, whether you’re in debt and want to get out of it or you’re already living the good life without debt and want to obtain wealth.

    “Debt Elimination and Wealth Creation for Beginners” will guide you through:

    - The many different ways to increase your financial streams to generate wealth passively

    - The common mistakes to avoid from getting in and deeper into debt in the first place

    - The simple behavior adjustments needed to secure your finance and stop its leakage

    - The truth about debt collector and creditor and dealing with them unlike in movies

    - A five-step process that paid professional financial advisor gives to eliminate debt

    ...on top of everything else that beginners need to know.

    Essentially, this is two-guides-in-one covering both sides of the spectrum regardless of which side you’re on: If you’re in debt, you’ll get the easy and fast way for debt management and relief. If you’re NOT in debt, great, now use the information for wealth building and creation. The knowledge contained is applicable to every person.

    Be debt free and reclaim your finance and life now!

    LanguageEnglish
    PublisherInstafo
    Release dateJun 3, 2019
    ISBN9780463939857
    Debt Elimination and Wealth Creation for Beginners: The Easy Way to Get Out of Debt and Build Wealth from Nothing
    Author

    Instafo

    "Indulge Instant Info."Information is power, and here at Instafo, our mission is to reach a particular group of individuals who are committed to improving their lives, those who have always craved a platform that focuses on truly improving its community.What differentiates Instafo, is rather simple: with a wealth of all-encompassing knowledge, Instafo is the go-to instant information media to providing only the most helpful and useful information that matters - to instruct, inform, inspire, and innovate in order to enhance one’s abilities, life quality, and/or happiness.Elevate your lifestyle. Refine your mentality. Foster your individuality. And exceed even your own expectations through Instafo.For more information, visit https://instafo.com - and join the community.

    Read more from Instafo

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      Book preview

      Debt Elimination and Wealth Creation for Beginners - Instafo

      Baby Beginners Presents

      Debt Elimination and Wealth Creation for Beginners

      The Easy Way to Get Out of Debt and Build Wealth from Nothing

      Michael Wells & Instafo

      Copyright 2019

      Smashwords Edition

      It is impermissible to reproduce any part of this book without prior consent. All violations will be prosecuted to the fullest extent of the law. While attempts have been made to verify the information contained within this publication, neither the author nor the publisher assumes any responsibility for errors, omissions, interpretation or usage of the subject matter herein. This publication contains the opinions and ideas of its author and is intended for informational purpose only. The author and publisher shall in no event be held liable for any loss or other damages incurred from the usage of this publication.

      Table of Contents

      Chapter 1: The Unexpected Emergency Deficit

      1.1 Debt Cycle

      1.2 Accidental Debtor

      1.3 Business Venture

      1.4 Human Frailty

      1.5 Natural Disasters

      1.6 Plastic Plague

      1.7 Money Ignorance

      1.8 Indiscipline Unnecessity

      Chapter 2: The Real Financial Freedom

      2.1 Creditor’s Chained Collection

      2.2 Secure Financial Future

      2.3 Easier Enjoyable Life

      2.4 To-Do: Obliged Obligation

      2.5 Dealing with Debt Collectors

      Chapter 3: The Debt Management 101

      3.1 The Game Plan

      3.2 Minimalistic Makeover

      3.3 To-Do: Patch Up Self-Inefficiency

      3.4 Financial Intelligence

      3.5 To-Do: Become Financially Savvy

      3.6 Economic Resourcefulness

      3.7 To-Do: Calculate, Budget and Pay

      Chapter 4: The Financial Income Stream

      4.1 Working for Money

      4.2 To-Do: Extra Work for Hire

      4.3 Investing for Money

      4.4 Bonding for Money

      4.5 Banking for Money

      4.6 Lending for Money

      4.7 Owning Assets for Money

      4.8 To-Do: Profit from Possessions

      4.9 To-Do: Determine Your Route

      Chapter 5: The Personal-Solid-Action

      5.1 The Con in Consolidation

      5.2 The Credit Score Factor

      5.3 A Simple Three-Step Process

      5.4 To-Do: Apply Snowball or Interest Rate Methods

      5.5 A Financial Advisor’s Five-Step Process

      Chapter 6: The Debt-Free Living Destination

      Chapter 1:

      The Unexpected Emergency Deficit

      Debt Cycle

      Are you stuck in an endless, vicious cycle of debt? Do you dread the arrival of bills each month because you feel like you’re digging yourself deeper into a hole and will never be able to climb out?

      It’s time to sort out your finances once and for all and eliminate those debts hanging around your neck. We’re going to help you. But first, let’s analyze the problem.

      One of the biggest challenges with getting out of debt is the interest you have to pay on your unpaid balances. The longer you remain in debt, the more you will have to pay in the long run.

      If you’re like a majority of people, you get trapped in debt that you never really planned for. You spend freely and impulsively then find out that you are unable to pay.

      Here are some examples:

      A young manobtained a student loan to finance his education, struggled to pass his courses, and then he couldn’t find steady work to pay off the loan.

      A businessmantook out a loan to expand his production cycle, but sales dropped and he was unable to pay off the loan.

      An entrepreneurgot financial assistance from a colleague or bank to start a tech company and had a plan to pay the money back once the business turned

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