“No Slick Measures” is the title of the editorial in “The Listener” June 19-25th 2010

The main message is that “the era of excessive consumption needs to be curbed.” Later in the article the editor, Pamela Stirling, points out that “if people rein in their spending and concentrate on repaying debt, they pump less money into the economy.” This cautionary, “catch twenty-two” message has become familiar enough since the 2008 credit crunch and no one doubts the essential truth of it. But, this article, and many like it, identify the problem but seem to offer little that is constructive to individuals about how they can survive or even succeed within this difficult economic climate.

For most people on a fixed income with a 20 year mortgage contract, the main preoccupation is staying afloat on a day to day basis without stressing too much about the possibility that the world-wide fiscal crisis might still have some unforeseen consequences on their domestic economy.  As a result many believe they have such little control over their current cashflow that saving for a secure future seems as remote as the idea of personally averting Global warming.
 
So when considering the alarming nature of these odds, do they become emotional about the unfairness of the situation? Or do they decide that they may as well live for the day as they have little or no control over the effects of a global economy? Or do they decide to find out whether there is a smarter way of managing their domestic economy?

If you, your friends or other family members are genuinely interested in affecting a change in the way you manage your income, it would be worth investigating the Equitus Mortgage Management Programme.

The Equitus solution is to restructure debt to our client’s advantage. This restructure does not alter the cost of the debt or cause our clients to go on a lifestyle diet, it’s designed to minimize the amount of interest paid. The saved interest compounds at lender’s rate of interest and our clients can use these savings to increase cashflow, help achieve monetary goals i.e. update the car, renovate the house, have holidays and educational and recreational choices, have a rainy day savings and get rid of the mortgage much sooner than doing it the bank’s way.

But what really makes it work for our clients is our on-going monitoring and mentoring service. This is designed to work through time and circumstance to enable our clients to make the most of their incomes by continually reducing their out of pocket debt costs. More significantly, it’s about empowering individuals to set financial goals they can be confident of achieving without creating an even bigger debt profile.

The Equitus mortgage management programme often saves such large amounts of money, some people are surprised or even frightened by the impact such savings could make on their financial future.  However, although some people doubt their ability to be winners on such a grand scale, others recognize what Equitus can offer is the reality they want for themselves and their families. Generally speaking, the clients who chose our solution are people who do not accept the status quo but are prepared to research their options, take responsibility for their actions and set goals with the full expectation of achieving them. 

So find out more about what Equitus can do for you by going onto www.loanfree.co.nz  If what you find appeals you can a) subscribe to our newsletter b) have an obligation free generic projection about how much of your current and potential income is locked up in your mortgage or c) contact us to have an obligation free presentation to see whether our solution to the current economic double bind is your solution.

Our mortgage management programme is no “slick measure”. We’re not lenders or mortgage brokers but have been working for people for over ten years and our mortgage management programme has freed up millions of dollars of unnecessary mortgage interest in order to support clients to get the maximum value out of their incomes.

If this article makes real sense to you, why not forward it to a friend. Ours is a good news story worth sharing!

Contributor: Linda Hart