Re: SPEND YOUR WAY TO WEALTH!!!!!!!!!!!!!!!!

Thanks for the message. In response to this message and the other one with the "are you in there?" quote:

I refrained from posting everything I've learned about the program thus far b/c I was more just wondering if anyone's tried it. But basically, there are five levels of coaching, which include showing you how to free up about 300-500 a month in cash flow, paying down debt with a concept they call the accelerator margin, learning how to reduce your taxes, learning how to start a home-based business (optional, don't want to do it), and learning some basic investment principles. The accelerator margin I mentioned above is basically allotting a certain percentage of your monthly income (usually 10%) to paying off the highest credit card debt, while continuing to pay minimum payments on the rest. When your first credit card gets paid off (which can be pretty fast if you're making payments equivalent to 10% of your income), you take the minimum payment you used to be required to pay on that card, and add it to your 10% margin. This margin gets bigger as you pay off cards and has kind of a snowball effect on how quickly your cards get paid off. I have tried this for 2 months and am on my way to paying off cards much sooner, NOT because the money was not there before, but because I'd never heard of that concept and would not have made myself free up 10% for just one payment. I always tried the classic 'pay 10/20/30 bucks extra on your highest card' but it didn't work fast enough.

All this to say that I don't think the program is ground-breaking, it's just an effective tool for learning how to manage and eliminate debt. This is the logical part I was referring to. Basic principle, works if applied.

So, I was just wondering if anyone knew about the program, since they claim so many people use this program or ones like this and actually succeed. I want to know if you're out there. Or, if you're someone who has been in huge debt but learned how to get out of it through more cost-effective resrouces (i.e. Barnes & Noble), I'd like to know that, too. Thanks again.
>
> ****************************************************************************************************
> DISCLAIMER: This is NOT legal or financial advice. Just advice from
> someone who has nothing to sell you and is thinking with his head.
>
> ****************************************************************************************************

> There are radio ads out today for Commuta's program and it is advertised
> as

> "SPEND YOUR WAY TO WEALTH"

> PAAAAAAAAAAALEEEEEEEEEEEEEEEEEEEEEEEEZ!

> The only way that one could possibly spend their way to wealth is to spend
> they money on investments, like in their own business or other
> investments. But nothing is guaranteed, EVER. And if you make the wrong
> investments OR the wrong decisions, your "investments" get you
> DEEPER in debt, not closer to wealth.

> Look, I don't know if you are in debt or not, but if you are and that is
> you main motivation, the last thing you need to do is buy hyped up, over
> priced products and services to get your self out of debt.

> Now, I have no idea what Commuta's program and products are about, but to
> spend 4 payments of $69.95 and THEN to have to spend thousands more to
> actually (supposedly) reap the "benefits" (MAYBE) of what they
> have to offer you is just plain silly for anyone to do and it also borders
> on SCAM (if it's not a total scam)!

> Don't think with your heart, think with your head. When you think with
> your heart, you get into all kinds of trouble because it is too hard to
> decipher when your heart is telling you the right thing to do or not. In
> other words, it's too hard to tell when your heart is engaging with your
> brain or when it is totally trying to make decisions on it's own, based
> purely on emotion. The heart is very unreliable because it cannot actually
> think. All it can do is rationalize things to death and usually only
> taking your emotions into consideration and throwing reality and your
> brain right out the window.

> If you are in debt the only sure way out is to spend less and start paying
> them off one by one and start with the smallest debt first, working your
> way to your biggest one. No, you don't have to do it that way, you can
> start with your biggest one first, but starting with your smallest ones
> helps to prepare you mentally in tackling the bigger debt. And if you are
> so deep in debt that you cannot think straight, then bankruptcy is always
> an option. But only use it as a last resort. It is usually best to default
> on your debts and pay them off later (and often at a discount) than to
> declare bankruptcy, but bankruptcy is always an option (but with the new
> bankruptcy laws, it isn't as appealing as it once was for most people).

> But for god's sake, don't spend thousands of dollars on companies that
> tell you that they can "possibly" get you out of debt and hep
> you to retire within 10 years without actually letting you know how they
> are going to do that before you spend the money. This is a sign that what
> they are going to give you for your thousands of dollars is not very
> appealing so the only way they can actually sell their program is to play
> on your emotions and be very vague about what it is they actually do for
> you. What you will often find is that they plan will be something like..

> "START A MULTI-BILLION DOLLAR CORPORATION AND THEN YOU CAN MAKE
> ENOUGH IN 10 YEARS TO RETIRE FOR THE REST OF YOUR LIFE!"

> Well, duh!!!!!

> That's hardly a plan, but they will twist it and turn it to make you
> believe that it is viable. Then they will tell you to get more info on how
> to easily achieve this you have to spend ("invest) another couple
> thousand. And it goes on and on and on. Meanwhile, not only do you not get
> closer to being debt free but you way further in debt than you were before
> you started buying into all these slimy programs that promise everything
> but offer nothing but more ways to spend your money on things that will
> only make you more poor, meanwhile making the scammers more rich.

> THINK WITH YOUR HEAD, NOT WITH YOUR HEART!

> That said, you said....

> "I think Cummuta's program sounds logical"

> Well, what about the program exactly sounds logical? Please tell us. So
> far you told us nothing which makes me think that you actually don't know
> much about the program yourself in order to realistically think that it
> "sounds logical". Do you really know exactly what they are going
> to tell you to do or is your heart only making you think that you do?