Changes in Throught Processes

The first time I heard a radio commercial for John Cumuta's "Transforming Debt into Wealth" ( TDIW) system, I was a bit skeptical. Especially when I heard the customer testimonial claiming to have completely paid off an enormous amount of consumer debt and a mortgage in something like 5 years. But when Amy called, the company was willing to give us trial of the system, and even included the additional materials for "Wealth Masters" and "Seven Steps to a 720 Credit Score," so we said, "What the heck, lets try it."

Cumuta's "system" is really rather simple, and yes folks, it can work. The math is rather straight forward, and the sytem comes complete with computer software that you enter your debt information into and, yes indeed, it will tell you the exact day your bills should be paid off.

"But what," I asked, "is the purpose of all of these audio CD's?"

Last night as I was doing my evening reading (in Kiyosaki's Cash Flow Quadrant) it occured to me why John Cumuta's "Transforming Debt into Wealth" series came with a total of six CD's rather than just providing a roadmap to focused debt reduction. And it is a key piece of the puzzle that explains why the rich get richer and the poor get poorer. The audio CD's are more important than the software or even the debt elimination system itself.

The key to Cumuta's "system" (and in fact, the key to becoming wealthy) is not in the "doing" but rather in the "thinking" or "being." Unless we changes our thinking about debt and about money, we will still be susceptible to the advertising and mythology about money that got us into debt in the first place.

The TDIW system is designed for people in the middle class that have acquired large loads of "consumer" debt. Consumer debt is debt that you acquire without acquiring assets that generate cash flow to make the payments with. As such, Cumuta's program is designed to help folks who are employees of someone else's company or that are "self employed." It first aims to eliminate all debt, then it trains the listener in some basic strategies for increasing income. Our half.com store and the affliliate marketing we do on this blog were ideas that started from Cumuta's program.

Consumer debpt is significantly different from "leverage" or debt incurred to acquire assets that will increase your wealth and that have a positive cash flow. There are differences of opinion between the different authors and experts I will be discussing on how and when to use leverage, and I'll cover those subjects in more detail in future posts.

For now, if you are swimming in consumer debt and can't find a way out, then I highly recommend John Cumuta's Transforming Debt into Wealth system. Get it, listen to a CD every night, and follow the plan!