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Saturday, November 26, 2011

Debt Cures

Debt Cures: A Review

'Debt Cures They Don't Want You To Know About' is a book by Kevin Trudeau released May 2008 which claims to blast the hat off the finance industry. It is a follow up to his 2007 book, 'Natural Cures They Don't Want You To Know About' which exposed the pharmaceutical industry and medical practitioners for covering the fact that there are elementary natural treatments for many conditions that are just as efficient as prescriptions, but 'they' (the medical administration) are perpetually driving us into getting dependent on pharmaceutical company products.

'Debt Cures' follows the same sort of pattern in claiming that the banks and other finance institutions are virtually ganging collectively in a conspiracy to drive the population deeper and deeper into debt so that they can make profit from all of the interest that we owe.

This is an magnetic idea for many people who are in debt since it takes the fault securely away from our shoulders and sets it on the charge card and loan companies. It's not your mistake - you were almost pushed into the helix of debt that you find yourself in. That is Kevin Trudeau's debate, anyway.

We grow up accepting that it is normal, natural and even sensible to be in debt. Maybe in some examples it is. Take mortgages for instance. Your parents and grandparents may have admonished you about living within your means, but did they ever indicate you shouldn't take out a mortgage because you would be getting into debt? I doubt it.

For most people, a mortgage is a very beneficial financial proposal. It frequently works out cheaper than paying rent, at least after the first few years, and at the conclusion of the time you own the home. It's almost a no brainer, if you have the earnings to afford it.

The trouble is that most of us do not understand the difference between taking out a loan to purchase an asset that will increase in value, like a home or maybe a business, and acquiring credit for things that will never again be worth what we paid for them. That includes automobiles, furniture and all the trivial things that we put on our credit cards.

When you move into debt, banks will propose you more cards and loans until the point where it gets almost out of the question to pay. Then they rip the carpet out from under your feet. No more loans, your cards all of a sudden don't work, and the credit score system makes a point that all of the other finance companies immediately know that you are a bad risk. That's where the conspiracy thought comes in.
Finally though, we could say that it doesn't actually matter whose flaw it is. If we are in debt then nobody is going to help us get out, that's for certain. For sure not unless we pay them for their advice.

'Debt Cures' is a little repetitious in places, but it commits you a few good ideas for bringing down your debt and even eradicating parts of it. There are domains for internet sites where you will be able to pick up free reports on how to cut down different types of debt. Some of the maneuvers he advises are not feasible in every situation but you should discover some tips in there for contending with all types of debt.

There are more comprehensive debt management books out there but this one is uncomplicated to read and excellent for anyone who doesn't know where to begin. If you have not begun tackling your debt yet, 'Debt Cures' by Kevin Trudeau should give you some ideas that could rapidly help you save much more than the buy price.

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