Friday, May 1, 2015

Software is Awarded for Helping Individuals Find Quickest Way to Eliminate Debt



In an article in Reuters from 2008, they highlighted an up and coming software that does all the work and calculations for you.  It actually gives you an outline to your quickest way to eliminate your debt!  Just as a GPS system guides you to a physical location, this software acts as a financial GPS to guide you in the direction you need to take.  This software was awarded the Entrepreneur of the Year Award by the esteemed Ernst & Young. 

"When we started United First Financial (now maCapital Resources), we didn't just want to help people get out of debt and improve their financial situation eventually, we wanted to help them do it fast and with little to no change in their current spending habits," said Skyler Witman, co-founder of UFirst. "The Money Merge Account solution has done just that, and more. It helps homeowners pay off a traditional mortgage in as little as one-half to one-third the time, it helps clients without a mortgage eliminate other consumer debt and it helps clients without debt build wealth."

Have you ever considered what it would take to eliminate your debt?  To build wealth?  To work because you wanted to, not because you have to?  Have you tried the popular programs out there - Dave Ramsey, Suze Orman, etc?  It can be a lot of work on your part, can’t it, especially when the top programs can’t even agree on the best way to eliminate debt?  I’d like to hear what you have to say.

Personally, I found this program attractive because it makes getting out of debt a no-brainer.  I tell the program how much my family makes and what debts we owe.  The program calculates when I need to make my payments to optimize my finances therefore getting me to zero-debt as quickly as possible.  If my finances change, I plug in the numbers, just like a GPS, and the program recalculates.  If I decide to buy something, like a new car, I can plug the financial info. in before I even make the purchase, and then the software tells me how that will affect my plan to get to zero-debt.

-- written by Dr. Matt Link

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