Posted on March 12, 2008 at 10:30 am It is interesting to me that so many people are in debt, but don't even understand how they got so deep into debt.  The people are different, but the stories are all eerily similar.Does it really matter why or how you are in debt?  No.  Not really, but you need to ask yourself the question.  What have you learned about debt and how to get out of it.  If you've learned nothing, then this article is for you.Believe it or not, but creditors are not your friends.  I know shocker right?  This might shake you up a bit, but creditors want nothing more than you to make your minimum payment and get you comfortable managing your debt.  They sure don't want you to pay it off quickly.Understand this truth: Creditors are playing for the long term payoff.  Just like casinos, they know if you play long enough the house always wins.  Think about it an average home-owner in America will pay three times the purchase price of their home by the time it's paid off.You debt should not be something you manage, your debt should be something you attack!  There are no ties in battle, their are winners and losers, and right now the creditors are winning.  You need to know the weakness of your opponent.Debt understands it is at war with you, and it will do everything under the law to destroy you.  When you recognize this truth and arm yourself with understanding only then will you be able to ward off its advances.The monster's secret weapon.  Did you know interest is accrued based on the principle balance?  I'm sure you did.  Everyone does right?  Then why do we all make only one payment per month on our debt?  Wouldn't it be wiser to make many payments?I know what you are thinking. "Of course I would like to make double payments, but I don't have the money to do that.  Aren't you listening to anything I've been telling you!!  I'm in DEBT.  I can't make any more payments!"I can understand your pain as President Clinton would say.  But listen you can make extra payments.  If you make your car payment once a month every month then you are following the plan your debt has laid out for you.  Does that make any sense to follow the plan of your enemy?Hopefully you are connecting the dots.  Take one of your debts as a for instance. Instead of making one big payment, take the same amount of money and divide it up and use it to make multiple payments.  You are attacking your debts interest!No be honest.  Did you know that? Most people don't know how interst is accrued so they don't know how to attack it.  This is just a basic way to illustrate to you how to start attacking your interest and elimate your debt.

Posted on May 3, 2009 at 1:48 am Uwin Fianancial is nothing but a fraud.  Investors lost thousands of dollars in this company and families were broken up because of the loses.  Hope the higher ups are happy!

Posted on March 8, 2010 at 3:07 am What are the other creditors secret weapon you think?

Posted on April 7, 2010 at 7:39 am I am also waiting for other weapons.