My Visit to Wall Street - Manhattan

After the hectic time of releasing my eBook on 'How To Turn Your Debt Into A Fantastic New Life', I flew to America. Manhattan in New York city was the first stop on my visit to USA.

Visiting Wall Street was a dream come true. Having seen the photographs in books and magazines since I was a small child, to eventually be standing in the middle of all the magnificent streets, gave me a feeling of great satisfaction and achievement.

The New York Stock Exchange building was another place I wanted to see, as well as 5th Avenue, Central Park, the Brooklyn Bridge and many other places. But there was not enough time to take it all in, in just seven days - which means another trip has to be ear marked!

To think that I had lost my own home, business and all financial security in the last recession and here I was standing in awe of the tremendous financial institutions?

Outside the Stock Exchange Entrance - Note the sign to Wall Street!

I met some of the most amazing women in Manhattan. Women who were so generous in sharing their live experiences with me. Women, I will never forget! Who knows, I might even write about them!

It was incredible to think that just days before, I was living on 3 to 4 hours sleep with putting the finishing touches together on my eBook about debt.

I was using new software and one thing after another kept going wrong but I took solace in the fact that it happens to nearly everyone as they put the finishing touches to a product launch. When you are in the throws of the pressure of time restraints, technical problems and sleep deprivation, you have no alternative after travelling down such a long road than to just get it out there and make changes later, if you have to.

The feedback has been excellent and all I have to do now is to promote it.

Do help yourself to the free report at http://www.debts-challenge.com/ or if you want to go direct to the salespage it's www.debts-challenge.com/NewLife - at the moment, you will find it for $7.

$7 is a price everyone can afford and that was my reason for pricing it so low. The more people who can get out of debt, the better.


Debts Challenge - Turn Your Debts Into A Fantastic New Life

Yahoo Headlines on Home Repossessions

Just as I was about to open my yahoo mail account last night, I noticed with horror the Yahoo headlines stating that home repossession orders surge. You can read the full article here.
http://uk.news.yahoo.com/rtrs/20080509/tpl-uk-britain-repossessions-orders-20b2d2f.html


Briefly, this is truly the worst news possible for all those with debt problems because they state that there are more people on the verge of losing their homes than in the early 1990's recession and according to experts, it is going to get worse.

Having lived through that particular recession, I am shocked that this is the case. Why on earth hasn't someone sitting in the comforts of Parliament or The Bank of England come up with a prevention strategy before debt problems in the housing market reached this level of disintegration? These, after all, are the people who are paid handsomely to ensure that people living in the country are protected from disastrous financial events.

I have actually heard someone recently say that a lot of people deserve their mortgage problems because they gambled on buying a house when prices were high, in the hope that they could afford it if the mortgage interest rate increased. My answer would be, with approximately 12 million mortgages in Britain alone,

1. why were house prices allowed to treble in a decade?
2. why were people allowed to borrow so much more than they could afford to repay?
3. why had the government not addressed this, knowing full well that history repeats itself as it surely has done with home repossessions?

Europe, America and all countries world wide are in similar positions with their debt problems and home repossessions. Surely one day, someone will get up and be counted and help all those who wake up every morning in the bleakness of living with their debts challenges of which home repossessions is just a part.

US home repossessions hit record high

Business & money: Slump in housing market and impact of credit crunch affect country's poorest borrowers.

Mass Home Repossessions In Our Future in the UK

Vince Cable, the deputy leader of the Liberal Democrats, has given warning of a “very real possibility of mass bankruptcy and home repossession across the country”. More borrowers could be thrown into difficulties by the abrupt ...

Australia: Families hit by rising bankruptcies and home repossessions

... broadcast on Australian television provided a timely insight into the desperate circumstances afflicting a growing number of ordinary Australians who are mired in debt and threatened with bankruptcy and the loss of their home. ...

This depressing news has to stop - and with the right frame of mind, the right tools, it can be turned around. The opportunities which are available today, where not there in the early 1990's - so for the majority of people there is a way out of the darkness of home repossessions. Click here for the free report.

Debts Challenge - How To Turn Your Debt Into A Winning Challenge

Debt Can Lead To Suicide

How does someone who is living with the sheer panic and desperation of constantly trying to get through each day, because of their debt problems, stop the thoughts of their contemplating suicide?

As mention in my article http://debts-challenge.blogspot.com/2008/03/fear-and-worry-of-being-in-debt.html, these are the thoughts of many people who are living daily with the stress and worry of mounting debts and knowing that they cannot even afford their every day living expenses. Every second, their thoughts are of how they can get out of debt.

As a result of this constant stress and anxiety, they may not be eating or sleeping properly. The consequence of this will be their inability to work at their normal productive level and also to make good judgements. Without realising it, they will have slipped into a severe state of depression.

In this state, not only will they become pessimistic, but they will also become obsessive over their debt problems. Everything will look hopeless and they will eventually reach a point when they will not be able to see a light at the end of the tunnel. They will start to see suicide as their only way out.

Once a person reaches this point it is imperative that they be taken seriously.

If you know someone who is threatening suicide for whatever reason, get them to seek professional help right away. Go with them for support and encouragement, if you can. At the very least direct them to The Samaritans. Talk to them. Give them your time.

Going back to the original question of this article, the way to stop people considering suicide as an option to eliminating debts, is to help them put their debt problems into perspective.

1. Spend time talking to them positively about their debts solutions. Contact a debt agency and make an appointment for them. Help them prepare for this appointment. You can do this by following the tips listed here.
   
   
2. Encourage them to list all their achievements up until this point in their lives. This will help to reinforce their capability of dealing with their debt problems by way of reminding them of what they have successfully achieved in the past and putting their debt problems into perspective.
   


3. Show them that you care by telling them what you like about them as a person. Their confidence will be at their lowest, so truthful but genuine compliments can only help to restore this.
   


4. Enlist their family for more support. Some family members, who know nothing about the stress this person is going through, may well be in a position to and also, want to, help.
   


5. Encourage them to make an appointment to see their doctor and go with them for moral support. Just the small act of driving them there and waiting for them while they are in their meeting, will help, not only them but also you. You will have knowledge that you have done everything in your power to help this person at a time of great need.

Music is another way of motivating and uplifting a person ...

The Fear And Worry Of Being In Debt

Every day thousands of people are waking up to the immediate thought of how they are going to survive yet another day of mounting debts. Will this be the day that they decide they cannot take it anymore?

People from all walks of life are coming to the conclusion that they have no alternative other than to destroy their own lives by committing suicide.

You just have to do a Google search for debt + suicide and you will come up with some horrendous cases of people of all ages and even in the 70's thinking about committing suicide but concerned with leaving the debts to their families. Cases include a 58 year old Mayor and the Reverend Mr Miller.

They are in such a desperate state of depression that they cannot even comprehend the pain they will be giving to the families that they leave behind – and all because of lack of money.

What a sad indictment on the rest of society that people who are going through this terrible situation, feel that they have no alternative. We have all been guilty at some time in our lives of judging a situation through our own ignorance.

In a lot of cases, they cannot comprehend the stigma of going along to get advice from the appropriate advice agencies, on how to get out of the debt and this can be because of the shame they feel. But, if only they would put their pride aside, because within no time they could be on the road to debt recovery.

A very slight change in the way that a person looks at each problem can make all the difference between life and debt. If people could just detach themselves from the emotions of the pain of being in debt and instead looks at the situation as a temporary challenge, which they can win – how much better life would be?

YOU CAN Win The Debts Challenge - CLICK HERE for FREE REPORT

Debts Challenge - Relaunch

I am in the final throws of relaunching Debts-Challenge's Help With Debt Problem System.

In the new edition there will be more information to help anyone who wants to get out of debt and at the same time, even have fun while you are in debt. Just because you have debts does not mean that you can't afford to have fun as well. Believe me, there are loads of ways that you can give your family memorable days without spending a fortune, even holidays ...

I've also written a new large section within the ebook which shows a method you can use for earning money without any assistance from anyone else other than yourself and working at home online. It is completely free to get going. It doesn't require you to ask anyone to sign up etc, as so many internet marketing systems do.

For all those who have previously bought the original eBook, I shall be sending each and every one of you a free copy. It's my intention to update this eBook yearly and anyone who buys will get an update, as long as they send me their receipt.

Wishing you debt free happiness.
Aine

Debts Challenge - Have Fun in Debt