has any one heard of the debt program transforming your debt into wealth by john cummuta? i have heard aboput it on the radio and online and i want to try it so bad, but i just don't have the money to pay for the course? does any one know where i can get it any cheaper or maybe someone has it and has used it and wants to pass iton to someone who really needs it... i know that sounds so weird but if that was the case i promise i would give it back, I'm just so desperate and i'm trying to get a handle in my life and im barley making it as it is, and i dont even have anything put away for teh future because i don't make enough. can anyonme please help me!!!!! thankyou so much
2007-07-13 07:00:19 · 6 answers · asked by Jesus luver 2 in Business & Finance ➔ Personal Finance
I really do not think that any other place sells it cheaper but the system is a lot of common sense stuff. I baught it as well out of curiosity and I was a little impressed but not a lot because the stuff I was already doing to eliminate my debt is what he was talking about. For example if you have 10 creditors you need to eliminate it just tells you to send any extra cash you can and when your done paying that one off move on to the next one send the next creditor on your list what you were sending the last creditor plus what you are currently sending them. Lets say you were sending the creditor you paid off $150 and you are sending the next creditor in line $50 dollars then you will be sending them $200 dollars the other creditors you just send them the min. until you get to them. You also need to cut up your credit cards as you go or before just to keep one for emergancies but freeze it so that you can not get to it right away. It is just stuff like that which is common sense. Now after you pay off all of your debt than you have money to invest and he goes on to show you how you can invest smartly and so on.
2007-07-13 07:13:30 · answer #1 · answered by KITTY44 1 · 0⤊ 0⤋
Don't pay for financial "classes" that sell plans. The only financial services you should pay for are those that actually do something for you, not give you information. Information is free, and John Cummuta's information is easily found in lots of places.
The idea is that you pay down your debts and start to accumulate wealth by not getting into more debt. It's a simple plan, it's just hard for people to implement because of the current trend to buy now pay later.
2007-07-13 07:11:58 · answer #2 · answered by J P 4 · 0⤊ 0⤋
I would start with Amazon or Ebay.
Personally, I've never heard of it, but I know how it feels to struggle to make ends meet. My suggestion would be to track your spending and create a budget. Find your lowest balance item and pay your minimum payments on everything. After you pay off that one item, take that payment and add it to the next lowest and so forth.
Good luck!
2007-07-13 07:13:31 · answer #3 · answered by reandsmom77 6 · 0⤊ 0⤋
Sounds like a real scam. I'll bet he turned his debt into wealth by scamming people like you who are desperate for a better life.
2007-07-13 07:03:48 · answer #4 · answered by PRS 6 · 1⤊ 0⤋
Giving a hustler your $$$ is the opposite of the direction you need to go .
You can listen to ( or read ) Suzy Orman for free . .
http://finance.yahoo.com/expert/archive/moneymatters/suze-orman/1
or any of the other experts . . .
http://finance.yahoo.com/expert/index
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2007-07-13 07:08:54 · answer #5 · answered by kate 7 · 0⤊ 0⤋
Why not start with one of his books? $10 - http://www.amazon.com/Debt-Elimination-101-John-Cummuta/dp/0785287930/ref=pd_bbs_sr_1/002-4169961-4782455?ie=UTF8&s=books&qid=1184350119&sr=1-1
2007-07-13 07:10:09 · answer #6 · answered by Anonymous · 0⤊ 0⤋