Do you even remember what you are paying for?

By
Services for Real Estate Pros with Rising Point Solutions LLC 2007 NACSO Certified

Do you even remember what you are paying for?

Debt is not that hard of a concept to grab.   You need it, you borrow it, and you owe it back.   When you give it back there is no more debt.  Now when you throw in the idea of adding interest to what you've borrowed ... that's when the Kool-Aid begins to stir.

Now when you borrow you are required to give back more than you received.  If you don't, you pay a monetary punishment with exorbitant fees, late charges, over- limit charges, teller fees, withdrawal fees, deposit fees ... you get the point.  Not only do you get the point but you most likely pay most or all of these fees yourself and will again.

Interest rates are ever-changing and with the way the different ways interest is calculated it's not bizarre for a borrower to have to pay several times the amount borrowed just in interest.

How many people use the money on things with substance over the ones with short-term benefits?  The ones who choose the latter are obviously paying for something long after the benefits are gone.

Do you even remember what you are paying for? 

  

Posted by

Brian C. Aber
President
Rising Point Solutions LLC

Office : (844) 439-9475
Direct : (727) 364-2841

brian@risingpointsolutions.com
   

"View yourself as you should ... as a steadily increasing entity with limitless potential."

           NACSO         

 Brian C. Aber is a co-creator and a Charter Board Member of NACSO

close

Re-Bloggged 1 time:

Re-Blogged By Re-Blogged At
  1. William Gluck 09/10/2010 06:39 PM
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cat to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community
Location:
Florida
Groups:
Addicted to Active Rain
All About Mortgages/Mortgage Networking
Almost Anything Goes
Arizona Mortgages
Realtors®
Tags:
credit repair compliance
debt
do you even remember what you are paying for
debt education
credit education

Comments 4 New Comment

Show All Comments
Rainmaker
674,666
Patrick White
Put our 28 years experience and technolgy to work
Home Driven Realty, Inc

Well said Brian.

May 18, 2010 04:44 PM
Rainmaker
58,989
Brian C. Aber
Rising Point Solutions
Rising Point Solutions LLC

Thank-you sir.  Much appreciated.

May 19, 2010 11:06 AM
Rainer
1,457
William Gluck
Nationwide Financial Advocates

Great articles Brian.  I've been going through your whole BLOG and I'm very impressed.

I'm definitelty re-blogging this one =)

September 10, 2010 06:38 PM
Rainmaker
58,989
Brian C. Aber
Rising Point Solutions
Rising Point Solutions LLC

Thanks Bill. 

September 15, 2010 10:57 AM
Show All Comments
Rainmaker
58,989

Brian C. Aber

Rising Point Solutions
Contact Me Directly
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the house to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: