[Part] Videos
Rob thinks that Sharon’s volunteer dog rescue operation only costs them about $100 a month. Sharon thinks Rob’s brother only pays $150 a month in rent. The real numbers are just two of the secrets this couple keeps when it comes to finances. Now, they’re facing more than $70,000 in consumer debt alone – and the stress is almost too much to handle. To come clean and fix the mess they’ve made, Sharon and Rob will have to communicate honestly. But can their relationship handle the truth?
Sometimes it is difficult to know where to turn to for help – it is important to know the difference between a debt counsellor and debt consolidation.
Support Money Smart Week South Africa
#MSW2021 #MSWSA #debtfreejourney #financialeducation
On this video, we explain the consequences of Reckless credit/lending and its implications for the credit providers. I also highlight the importance of keep a hands on your profile by monitoring your payment progress with your Debt counsellor.
I also explain the importance of choosing the right Debt counsellor (DC), as some Debt counsellors tend to prey or take advantage of ill-informed and vulnerable consumers, which is one of the reasons you need to SUBSCRIBE to my channel so that you do not fall prey to such individuals. I cannot stress enough the importance of staying informed.
Send me your comments and questions if you have any, and I will get back to you soonest.
Thank you for watching.
Sellina
This is PART 1 of our informative video series on things you need to know about Debt Counselling or Debt Review as a relief measure to curb the scourge of over-indebtedness. In this video we define the terms “Over-indebted” and “Reckless credit or Reckless lending”.
Remember to watch our upcoming video series on Debt Counselling/Review to stay informed on how the process works as well as some of its pros and cons. We would like to hear from you.
Cheers!
Jacqueline and Grant are both huge fans of the band Queen. That’s where their similarities end. To get their finances in tune, Gail has to slash their spending and step up the debt repayments.
Til Debt Do Us Part offers tough love solutions to those in financial crisis.
Barry Davis, Divorce Mediator in Manhattan Beach, CA
www.davismediation.com
Learn more about how to become a Valcor Licensee providing small business restructuring, debt mediation, and capital acquisition.
http://ValcorWorldwide.com
Until debt do us part. The rate rate of people choosing to get married, in western countries, is shrinking while the divorce rate is increasing. Also, people that choose to get married are waiting longer. Men within the MGTOW movement (men going their own way) seem to indicate that the divorce laws, including child custody and asset placement, strongly favor females. Weddings, as well as divorces, can be financially straining for those couples who seek to go the traditional marriage route. Also, more and more woman are choosing to stay single and focus on their career first as well as the woman that do get married are waiting until they are over 35 years old, on average.
While our inflationary, debt-based economy (roughly 1.5 trillion student loan debt in the United States alone) is a big factor, there is a large movement of people that are breaking the traditional mold and choosing to go their own way for reasons other than financial concerns. People are waking-up to the fact that happiness doesn’t always come with a shiny ring and a promise to hang around with each other until the end of their lives.
Links to news sources discussed in the video are posted here: https://bullboom.blogspot.com/
Also, please help our channel grow by clicking like, commenting, sharing our videos and subscribing to our channel.
Thank you to all viewers and subscribers. I apologize that I do not typically have time to answer questions that are posted in comments.
Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone’s personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often “one man’s opinion” and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due diligence prior to making any significant decisions regarding financial and investment matters.
