USA ECONOMIC CONDITIONS:
Today’s sluggish economy has left millions of people struggling
to financially make ends meet. Lou Dobb’s coined phrase “Assault
on the Middle Class” continues. Virtually every corner you turn
screams inflation and rising expenses. The sky-high cost of fuel
and other commodities is ultimately passed to us weary
consumers. Salaries once adequate for providing comfortable
family living are now stretched to the limits, leaving many
people in search of additional income sources to help bridge the
gap.
LIVING EXPENSES:
If you look at major expenses in the average person’s life, it's
easy to identify mortgage or rent obligations at the top of the
list. Home ownership is one of the biggest living expenses and
frequently the hardest to obtain.
According to the the Federal Housing Finance Board, and data
analyzed from over 23,000 home loans from over 75 lenders, the
U.S. national average purchase price for a single-family home
reached $264,540 in October 2004. This average is up from the
$243,756 average for October 2003.
A $260,000 home loan financed at 6% interest will cost the
consumer an estimated whopping $301,179.29 in interest over the
course of 30 years. Shorten this loan to 15 years and the home
owner will be paying an estimated $2,200.00 per month with
approximately $135,000 going to interest. These figures do not
include taxes and insurance estimates so the actual costs are
even higher.
With figures like this it's no wonder people are working their
butts off just to have a roof over their heads to protect their
family and loved ones. Day after day they continue the grind: up
early, work hard, stretch the budget, work, work, work, and work
some more. Then along comes payday and... YIKES! Lots - if not
most of that hard earned money needs to be set aside for the
dreaded mortgage payment. If only there was an easier way!
MORTGAGE REDUCTION & FINANCIAL FREEDOM:
Lots of people dream of increasing their wealth and the ability
to pay off their homes and live mortgage free. Now, more than
ever, people are turning to network marketing opportunities to
reach these goals. For some the dreams of financial stability
turn to reality but for many others it remains just a dream.
Financial freedom doesn’t come from osmosis or wishing, you have
to get out there and FIND IT! A current search on Google for
'home business opportunities' produces about 125,000,000
entries. Do all these entries provide income AND innovative
mortgage reduction solutions that work? Absolutely not!
© 2005 Equity Zip Financial - All Rights Reserved
Reprint okay with all links active and published in it’s
entirety including full signature box & reprint rights in tact.
Although not required, a courtesy email notification is
appreciated. Thanks!
|
