&194;–According to a report issued by the U.S. Bankruptcy Court, 1.65 million bankruptcies were filed in 2003. One would think with that many consumers finding relief from debt that credit companies would not be able to afford offers of easy credit but just the opposite is true. The large number of filings exemplifies a much deeper problem rooted in the fabric of free enterprise&194;—greed. Jolley warns; &194;“Don&194;’t be fooled by all the easy credit offers out there.&194;”
The large numbers of bankruptcy filings are more than offset by the larger number who faithfully continue month after month paying minimum payments on high interest credit cards. And the ones who do file bankruptcy are often wooed back into the debt cycle with interest rates reaching nearly 30%. For the credit card institution it&194;’s a &194;“win&194;—win&194;” while the consumer merely struggles to stay afloat.
The encouraging news, according KFP statistics, is not everyone is falling for the old &194;“bait and hook&194;” tactics arriving daily in mail boxes. Jolley points out &194;“There is a solution that will save you lots of money and bring true financial freedom.&194;” That solution is the principle of &194;“debt stacking.&194;”
Much of Gene Jolley&194;’s time is spent traveling while giving seminars to reeducate consumers on sound financial principles. &194;“We are in the business of helping people live better lives on less money.&194;” And those who have been helped by Jolley know the sincerity he places in that business. Jolley will tell you of his own experiences while growing up where money was a scarce commodity. He fully understands how debt can create stress capable of wreaking havoc on marriages and health. As a devout Christian with his own family, Jolley recognizes the importance of proper money management.
The question ultimately comes down to who will have control over the spending of consumer finances. Advertisements aimed to make you discontent with what you have are driving Americans out to an endless cycle of spending. When it comes to spending, bigger, better, and more are attitudes the credit industry wants consumers to adopt. But being caught up in these habits is like handing your wallet each week to the smiling face of the man at the bank. Bigger, better, and more doesn&194;’t bring happiness but frustration and stress that continually contributes to health and marriage problems. Take back the financial control in your life.
Contact:
Gene Jolley
Kingdom Financial Principles
http://www.solongbills.com
http://www.rapiddebtreducer.com
http://GeneJolleySeminars.com
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