Disarming the Money System

Everyone seeking to escape Debt Bondage must overcome the Money System to achieve true financial freedom.

We define the Money System as a system of beliefs, actions, institutions, customs, and attitudes built around the power of Money. The purpose to which the power of Money is directed is the taking of the productive efforts of Borrowers through interest and other charges. Money is…

Keep Hope Alive This Easter

Some years ago we counseled with a young man who considered suicide because of a $5,000 debt. That’s when we learned that its not the amount of debt that matters, it’s the burden of the debt on the soul.

Studies show that hard economic times are being blamed for a 31% increase in suicide from 1999 to 2010. Since the beginning of the 2008 recession more people have died in t…

National Panic Week

Tax filing time is upon us once again.

Millions of Americans are suddenly realizing that the dreaded April 15 deadline is next Monday. Its National Panic Week.

The Panic can be particularly acute for people struggling with debt burdens and unexpected tax liabilities. So lets review some tax wise ideas which we hope can help relieve the Panic:

1) Don’t forget to make sure you…

Work and Retirement

More and more people are not asking themselves when to retire, but if they can retire.

Most of our ideas about retirement were based on the 50’s industrial model, with a company pension after a lifetime of work supplemented by social security. That model began to break down in the 70’s, as old fashioned pension plans proved to be unsustainable, companies downsized, workers changed jobs…

Scamming the Poor

Every year we see a new crop of people who have been robbed by scammers preying on the poor.

Most scammers target the rich because they have more money. These types of schemes often feature phony investments. Examples include non-existent oil wells, worthless companies, useless inventions, and underwater (literally) real estate. The biggest scam of all time was perpetuated against ric…

Reaching Your Savings Goals

Last week we reported that a major financial company has recommend a savings goal of 8 times annual salary by the age of 67. Now people want to know how an average family making $60,000 per year can possibly save 8 times that, or $480,000

The key is to break down the savings goal into realistic components and tackle them one at a time.

First you should own your own home, because then…

Savings Still Key to Financial Freedom

In a recent survey, it was found that the average 60 year old has only $114,500 in his 401(K) account. However, because of those with high savings balances, the average actually overstated the situation. In fact, half have less than $37,300 in their 401(K) accounts.

A major financial company advises that an individual should target savings to be 8 times annual salary by age 67 in order to…

George Washington’s Secrets for Winning Your War of Independence


Debt Relief News
February 12, 2014
Emancipation Network

George Washington’s Secrets for Winning Your War of Independence

With the President’s Day holiday coming up on February 17, we thought it would be a good time to apply some wisdom from our greatest President, George Washington, to your financial war of independence.
Like you, George Washington faced a much stronger and richer…

Income Inequality and Prosperity


Debt Relief News
February 5, 2014
Emancipation Network

Income Inequality and Prosperity

The Big Government people say that the rich are getting richer and the poor are getting poorer. They want the Government to do something when, in fact the Government is the cause of the problem.

It is true the spread between the richest and poorest Americans has been widening. The Government has…

More Tax Tips


Debt Relief News
February 3, 2014
Emancipation Network

Tax Tips
Not all income is taxable

Some examples:
1. Employer provided Health Insurance is not taxable
2. Gifts and inheritance received are not subject to income tax.
3. Interest on most state and local bonds is exempt from tax.
4. Child Support payments are tax free.
5. Proceeds of Life Insurance policies are not taxable.