How to Get Out of Debt

How do you get out of Debt

 

 

How do you actually begin to get out of debt, to begin face up to the debt. Debt is split into two categories sometimes referred to Good debt and Bad debt. An example of good debt is a mortgage unless you cant afford to keep up with the repayments that is and a bad debt would be an expensive APR credit card maxed out with overspending on consumables or doodads often  referred to in Robert Kiyosaki Book Rich Dad Poor Dad  a great read by the way well recommended by me.

 

 

Reality Check Mine and Maybe yours

 

You are waking up every day dreading the day, dreading even going to work, you have a constant dry throat, you have feelings of guilt shame and general dread. You dread the phone ringing again because you know its another credit card company calling you up for a payment you have missed again with difficulty or in some cases no hope of finding. If the doorbell rings you need to know who it is in case its the bailiff calling un announced. Worse still although you have family around you you haven't told them whats going on maybe they sense something is wrong. Maybe you have be laid off from work lost your job watched your business collapse in front of you. To make yourself feel better you return to the debt spiral and take out the credit card and going shopping or maybe just log on to the www and start to add and fuel the problem. Deep down you know you need help you don't have the answers and you wonder is there any way out of this mess.

 

I know because I have been right there having covered up my debt problems from my wife

and family and worse still being in Financial Services i was supposed to know better.

 

August 2007 came along the new modern day  equivalent of the 1930s Crash, that's still hurting us all in 2012, its actually going to be longer and more painful for many people than the 1930s. Does the government have the answer? Are we on the right track?

 

How will this help you?

 

My Business Mortgage Advice collapsed, those wonderful banks that we had to bail out as taxpayers would not or were unable to lend any money. My customers who needed mortgages couldn't get them, I couldn't supply them  and I couldn't get paid and couldn't earn a living my world had imploded.

 

Rather than get help or advice or face up to my problems i chose to hide them and carry on as if nothing had happened yet it had the world of credit had changed overnight, the rules had changed i needed to change.

 

Eventually sat down by a friend and advised that i faced loosing everything i took immediate action. When he gave me a reality check i could lose my house i had to face my wife and explain why i had lost the money the 2  buy to let property  investments we had and how I was going to start all over again. When he told me i could lose my house i made a decision to know everything about debt and debt recovery i could and then i set to work. To date i proudly can say i have helped at least 4 families  faced with losing  their homes, by repossession by the Mortgage  lenders in court up against it  and without a solicitor, they couldn't afford one and I  had to do. it was a wonderful but challenging learning curve, for me and for them. For some it was the last week of their house being their home and the last week they had to get the wake up call, i refer to that something has gone drastically wrong. Its the old Ostrich principle of head in the sand it will go away,

 

Sorry it just wont. 

 

.In one case I  had just 6 days to stop a family being put out on the street for £6500 of mortgage arrears. By the way for all readers this is leafy Surrey we are talking about is this supposed to happen in 2012 in Surrey. Well frankly yes and to deny that in Surrey and any other County in England people are really struggling right now and looking  to themselves for answers, is an injustice.

 

So yes I am still in recovery getting free and well from my sick finances and making them well again even rebuilding my broken business so yes i feel very qualified to write this piece and help you out it can be done can be fixed can be mended.

 

 

The Beginning of Facing up to the Mountain

 

Facing up to whether you are over extended or whether its good or bad debt isn't really the problem its the guts to face up to the fact you have a problem you know it, haven't in the past faced up to it and the quicker you do accept and turnaround and make a decision to face up to it you will start to deal with it. in my experience we all leave it to late to talk about it talk about the guilt the shame the difficulty, its not cool and it leaves your street cred in tatters but it is the beginning of the face up to reality and the cry for help is the start of the healing process, so its necessary.People i have worked with like myself should have done this much earlier. The family i worked with in 6 days to file a court hearing and draw up a plan with  to  get to court to fight a warrant of repossession order left it to close to the wire for me and for them, even though we were successful it could have gone horribly wrong.

 

Facing up to it could be alone although it  doesn't have to be. I always recommend you sit down with your close relatives or a friend and admit you have a problem and if they are able to give you space and emotional support seek their counsel and get the help together. There is practical help at the Citizens Advice Bureau (CAB)

 

The problem is you may  have to wait to see the right person, they are suffering cut backs which means in most places they are suffering over stretched resources and immediate help financial and emotional surgery is required on the spot, so as a stop gap or alternative solution i offer my own concept detailed below for immediate roadside assistance

 

 

 TOOLBOX RECOVERY

  Although when I  started this, I worked with people only a few miles away  now finding my self dealing with people many miles away who cant easily meet with me or vice versa so i have built a product service called tool box recovery where I can start to help and work with people in debt distress from a distance. so if you are reading this and want help personally or know somebody who does then get in touch with me

                                         email paulstacey@gmail.com

 

I will be able to guide and connect you to all the right people, help and link a support network  to you whilst guiding you through some simple steps with some simple forms i use to quickly gather the full information required to get professional help right through to Insolvency experts and legal advice, despite having considerable experience i work with professionals who really care about people.

 

Help from a professional Financial Adviser also Licensed Debt Counsellor  so i have the right badges. But whats more important  is I actually  care and  understand the problem and how you feel, your not just another number or another source of a paycheck.
 

The personal help you may be looking for.

All information is treated in the strictest confidence

 

So if after reading this today you want to get help then leave a comment or get in touch with me today don't leave the problem any longer immediate help is available today right now.

 

 

 

 

 

 

 

 

 

 

 

 

 



How to run a profitable Export Business from your Armchair

How to run a Profitable Export Business from your Armchair

Before you say. Yes  heard it all before. Sitting on your couch or Chair at home its another scam its to hard cant be bothered it wouldnt  work anyway. What if the majority of the simple work could be carried out from that sofa couch or armchair, well it just can.

You see last time you heard something like this you did absolutely nothing about it because of the beliefs above

Every night you come home may be so late you just have time to flick on the TV and see News at 10, another round of paycuts layoffs more depressing  gloomy figures and you figure whats the points of running a Business here in the Uk  even the neighbours havent got the ready cash to buy my products. Well you may be right there. But  what about your neighbours on  the other side of the world who are just getting up. They are not  so affected by the recession,in many cases they arent even involved in a recession  they will come home from work  switch on their laptops and phones go  to their E bay site,  looking for items  laying around down the road at your local boot sale in good old Blighty. Guess what they will pay handsomely for them. Not only Australia but America and Germany too. The Germans the rich bankers of Europe love to buy a bargain and they pay cash too. So Why not your bargain.

Willow Tea Caddy Sold in Queensland Australia for £16  Cost to me £1

Question         What did I have to do?

Answer           Push the worldwide button on E bay

 A weather Baramoter Bought for 50p at Boot  Sale sold in France E Bay £24,  7 days later

Question    What did i have to do?

Answer      From the same armchair take a picture write some text push the worldwide export button and sell it 7 days later 

So get out of the Armchair this Saturday walk the dog and locate and find your local Bootsale flea market and get busy sorting through all that old memorabilia and look for items you are interested might know something about that you could describe as Collectible, memorabilia, antique, old. You see whilst your neighbours have no spare cash or interest in you flea market goodies and finds your neighbours in Australia, America, Germany and many more have cash to burn you just need to be able to take a picture push a few buttons and sit and wait a few days its that simple. Every day items sell for many times their purchase price. 

As you look at the pictures I  cant resist the fact  some of you are thinking, but they are just examples of when you were lucky and of course you are absolutely right. You see you make you own luck. Or thats not a great deal of extra money but multiplied by a number going to different countries all from the armchair laptop its a 2nd part time income.

I  could go on with pictures and examples I havent even shown you the better ones like the.

Foden Dinky toy Truck bought at a Village  fete for £2 sold to Germany for £36

or the Bryant and May Tin bought at a Boot Fair for £2 and sold to Usa for £136

and so on ..

Yes I  got lucky because I  planned to.

So back in the armchair flick  open the laptop and start  making money. Make some extra money pay of your debts, build a second income, take an extra holiday, its right in front of you.

Next time you watch news at 10 just think your neighbours in Australia have set of for work to bring you the cash for your scrap bric a brac they dont do recession

Neither should you.....

Happy hunting

Please leave a comment 

How to get back your income when you have lost your job ?

How to get an income if you have just lost your Job?

I am going to explain to you  how, you can  recreate, replace  your income when you have lost your job with a little logical helpful  system.

  I  shall call workit.or workatit   if you prefer, until i can think of a better name you call it what you want the important thing is   it must work for you..

Lets suppose you have just lost your job, maybe today. You have  been made redundant,  laid off or reduced hours. Whichever all will lead to one main result a major loss of income. So many people  I  know are facing this dilemma right now and as you read this i am sure you will know of friends, family neighbours or even work colleagues to whom this will apply. In fact this evening as I write this i am sure that many thousands are facing these problems or will be about too in the coming days. How can we know this because in the country there are over 2.7 million unemployed and its rising daily towards the magic 3 million number, although there is nothing magical in having 3 million unemployed in your country.


Now, what  I am going to suggest to you is not expensive, difficult or hard, it takes little time little effort and next to no money. The benefits could be enormous get you moving quickly. allow you to transfer from one Industry to the other and regain your self  respect self reliance and most of all start to solve your income problems.

You see this recession, is closing down whole industries,  not so help full if you have been doing the same thing for 20 years. A little bit different if you are a school leaver with no experience of work but what I am going to explain will work for both and all situations, so lets begin.

Find a corner of your House, or a  quiet coffee bar, a library, somewhere you can sit comfortably with a blank sheet of paper pencil and begin to draw a circle. In that circle draw a stick man or lady that represents you.
Now using basic mind mapping write down around the edge every skill and experience you have that could be useful for a potential employer.Think of everything that pops into your head go back over previous roles  projects part time work. Look in your minds eye how your family friends and those close to you see you and tell you what you do well explore for  a few moments close your eyes relax. Breath in four times deep breath hold and release slowly  it will relax you stimulate your brain with oxygen and widen your thinking.

Around the edge list outside every skill and experience that could be transferred to another job or industry. Keep going for 10 to 15 minutes get creative. It doesn't matter if you have an up to date CV just keep writing as the answers and ideas come into your mind. Keep going make a separate list on a separate sheet of paper if you need to. Writing it down will focus you mind on producing more and more skills and valuable experiences that you have to offer the world and you will start to begin to see that you are an invaluable human being a unique highly skilled high prized with a wealth of experience. If you are a school leaver or student entering the work place for the first time you may not have experience but you do have skills talents and interests and you have enthusiasm and if you are a student or a schooleaver develop massive enthusiasm even if everyone around you tells you its bleak out there,  because you will shine out like a light. It will carry you for miles you will look different and you will be very different and you will get noticed and lack of experience wont matter. If you have experience do the same develop massive enthusiasm.

Now you have your sheet nicely mind mapped simply with ideas skills talents interests potential you can offer an employer. So what next...

If you have a CV, look closely have you outlined clearly your unique selling points about your skills talents experience or enthusiasm , or do you need to modify it. Maybe you discuss this with relative friend or local recruitment centre.

If you haven't a CV perhaps you could start to construct one and approach the same people at first for help here.

Reach into your Library for a free copy of your local paper if you have money buy a local copy of your local  paper get the one that is paid for usually around 60p and look in the jobs page. Look at everything consider how you might fit in even if its a different industry, it might give you a fresh start anew perspective it might lead somewhere new, exciting different. Don't worry about the money just think CV or application

Summary

• CV
• Application Form
• Job Interview

You see in most cases you are trying at every level, to achieve one thing only  at  this stage the Interview.

I come from the Sales World and one piece of very important advice i was given as a young Salesman  is you cant sell down the phone, you need to be face to face.That is true of the interview also.so focus on the objective get the interview then sell the usp (unique selling point) that is you your uniqueness skills set, talents interest experience and not least your enthusiasm.

When you achieve your interview/interviews, because you have been laid off lost a weeks work and the first interview is only giving you part time money 2 days a week and you used to work 5 go along go and enjoy the experience to gain the experience by practice.

By that I  mean develop style, confidence, a great interview technique and self esteem. That's what you will gain even if you fail at interview 1 or 2 you are gaining valuable and insightful experience, interview  techniques and  the next will be easier. and confidence to go for the next one, and so on.

Summary

• Interview Plus Interview = Experience
• Gains Self Esteem
• Gains Confidence
• Moves towards your next goals

Interviews give you the opportunity to look at a new potential employer a chance opportunity to tell them what you can do for them. Remember each employer has a potential problem a role to fill advise explain show and motivate your new potential employer as to why you. Why do you fit the role. Be honest upfront and explain why your skills and ability or interest and enthusiasm will  give the person/s across the table the solutions they are looking for then talk money

At the Interview

• Sell your uniqueness to the employer 
• Focus on how you can solve his/her/their problems
• Be honest and demonstrate where you other industry skill could benefit them

Now if you are successful go to the job even if its lower, or low paid and offer one invaluable simple principle give 110 % effort

Go the extra mile

• Deliver more than the role calls for
• Get noticed, make your light stand out 
• Be different to those around you, be more enthusiastic
• Work at it like it was your last job

Well done.

  You have trained your brain to think differently you have developed an action plan not to be out of work you are trying new things, you are gaining insightful experience you will obtain your reward and you are learning to sell transferable skills.  You will get noticed promoted quicker develop new areas skills interests move out of your comfort zone and you will progress again. It might be slower at first but you might have two or three part time jobs to replace one/ You will have variety and  choices and new experiences and enjoy the rich tapestry of life meet new people and  ultimately your life will be more enriched rewarding than claiming the basic job seeker benefits which whilst they help feed and pay for the road to a new job will not provide the above or that new start and who knows very soon an increased income.

copyright       paulstacey@feb2012

Please feel free to comment. 

If you would like help or advice then please call or get in touch with me, if i cant help you i will point you in the right direction so 

So Call Today

Call Paul Stacey     The Green Shoots of Recovery

  Tel 01306 881399

e mail paulstacey88@gmail.com 

Txt to mobile or call 07710-854040

If you have a friend in need direct them to this site

or go to 

makemoneyfromyourrubbish.blogspot.com

Especially if you need to make another £200  pcm to get you going quickly.

If you are in debt or worried or in debt distress get in touch i work with all situations to help  read my bloggs on cases we  have helped with..

Cant Afford a House?. Is Self Build The Answer?

Cant Afford a House ? Is Self Build the answer ?


Here is why this might be the solution you are looking for.


Working part time these days as I  do for my Financial Services  Company PAS Financial and Mortgage Solutions Ltd, because unlike the mantra the banks are lending they are not as much as they would like you to think they are. Sorry to disappoint but the truth is the truth my rant  now over.

I was asked by a client today to explain how they might prepare for a self build property and purchase a piece of land as an alternative to the purchase of rather expensive and overrated properties they had looked at for the past month in Scotland near to Scotland rich oil and Gas fields.

As I  worked through this with them apart for the chronic lack of sensible and creative lending that isn't taking place, even in this arena, and  despite the husband being a very good lending prospect, as a higher rate taxpayer with a good history  and still fairly  young too, there is still a  chronic shortage of willing and available lenders even considering the proposal.

Despite the lending restrictions,which isn't my clients fault the option is very viable for them to save a considerable amount of money and it could feasibly be a real go project for them.. So on that basis I  though I might try to explain in simple term show its possible for an ordinary couple looking into this to start to consider the same option an alternative to purchase the standard way. So they are seeking to embark on what we call self build do it your self build a House basically. Although its wide to factor in professional builders and or project management.

Lending works like this.
Firstly the Mortgage lending would work in the same way as a traditional mortgage except you will at outset be  underwritten for a full amount say £200,000 in our example. Now suppose you can find a clear piece of land very important point here is that when sourcing a piece of land for the new home to be built on then make sure its free of all buildings not even a broken shed to remaining.

Consider Finance
Now for Scotland at present a 75% mortgage facility would be provided subject to survey, in England and Wales its possible to raise up to 80% maybe higher in certain conditions. Lending  conditions for the Land purchase meaning the client must find the 25% Deposit. So in the case of our example a piece of  suitable land purchased at  £100,000 could then be mortgaged for £75,000 in Scotland £80,000 in England and Wales.

There are four stages to the building and development. Some may run 5 but in essence these stages are the key basis of project managing each stage allowing for the drawdown of the lending and  ensuring contractors payments are made in arrears after each completed stage. After all you as the client will have been underwritten for the full borrowing requirement and the contractor is secure in knowing as a professional skilled workman they will be paid for their work saftley as finance is available
A win win situation in this climate for both parties. As with all projects its all about managing the cashflow and building in contingencies, including whats expected of who and by when and how much the key questions that need to be answered on a day to day week to week basis. Many projects fail because common sense doesnt prevail  essential questions havent been thought of or answered and nobody knows whats expected of them by when.

So the Four Key Stages to be Managed

• Foundation -Stage
• Timber Frame construction or Frame construction
• Utility  Stage Electrical Gas Water Sewage
• Final completion Habitation Landscaping Habitation Certificate

At each stage the lender will re assess the completed work at each stage and advance 75% of the uplifted value. So in our example a piece of land with proper foundations dug may increase from  £100,000 to £120,000 meaning potentially the client has the ability to draw down a further £15,000 or £16,000 depending on the loan to vale agreed with lender at outset providing the finance for the completed work and allowing for payment to the contractor

It works the same way through to completion  using this 75% or 80% advance means to finance the development at each stage.

The obvious key advantages are the 

• Reduction of overall House Purchase Costs
• Better say and control of your final House Home requirements

         Disadvantages

• Will require confidence in some form of Project management
• Manage Cashflow or it could be a potential disaster

Overall its a very positive outcome  for the Homeowner very satisfying rewarding and cost effective if done properly

As a licenced Credit Broker and properly authorised Brokers we are able to advise and assist with Mortgages Finance or provide written quotations subject to status  and Lenders terms

For more information please  email

paulstacey@finance-solutions.freeserve.co.uk

For guidance and advice or for further information please call me back on 

Paul Stacey.

Tel         01306 881399

Mobile   07710-854040

Details below

What are the 2.7 Million Unemployed Going to Do?

The 2.7 Million Unemployed


The Future Looks very Bright....

                                  
The Startling Facts 

• Currently 2.67 Million Unemployed
• January 2012 Those seeking job seekers allowance rises to 1.6 million
• Record Number of people working Part Time unable to get full time work
• Bank of England predicts a gloomy outlook
• Moody's warns of impending loss of Britain's Triple AAA Rating

 Evidently if things progress at this pace it wont be long before we exceed and reach 3 million unemployed our younger generation in their 20s will become and live out being the lost generation...

So what exactly is the solution does anyone actually know?


Well Perhaps
The new generation will begin by working in the temporary part time sectors of society, the lucky few that is. Skipping from contract to contract, temporary post to post, across different industries, they will gain immediately. A small income, they will learn to make do in hard times, they will adapt and become more flexible and will learn new skills and have varied experience. They will be equipped to project manage work in short time slots, adapt their finances and plan ahead better than their predecessors, they will learn new survival techniques, better marketing skills and will gain confidence even if they have a degree from Oxford and have to  start right at the bottom, with simple tasks like making the Tea, they will make it well and learn to make it outstandingly. They will joint venture, link skills, with their friends colleagues and  they will parcel out their work. Their  skills will really mean something and  become far  more transferable. For their employers the work place will become more adaptable, flexible  and ready to change.It will become the beneficiary of creative employees who can deliver 110% even if a bonus isn't on the prize list this week.

The lack of opportunity today, will help them to evolve, create new adaptable and flexible skills for themselves and in the process their creativity will start the industries of tomorrow.

The world of the few Lucky Bankers enjoying fabulous Bonuses for gambling and loosing  yours and my the tax payers money, will eventually die out become,  a relic of the past .People who receive bonuses will receive them for not just doing their jobs well, but doing them outstandingly and will be few. In a sense nature will correct itself and redress the nonsense that has gone before, where somebody can justify a £500,000 pa salary and receive a £3 million bonus for a less than mediocre performance. Finally in our schools just 1 or 2 will be the A stars of the class that year, sorry but life is unfair it is about the survival of the fittest, We wont all be the Doctors and Lawyers of the future and if we become the Bankers we should be grateful  that we are well paid as it is. If we cant provide outstanding performance, we should step aside and let the next man or woman. we will all eventually wake up from this bad dream and reality and normality will return instead of the land of stories and make believe, Walter Mitty

The new Industries of tomorrow will have different working expectations for its work force, more people will be adaptable and flexible able to work from Home, Project Manage better and as a result the Backbone in Britain will return to this great Nation.We will once again set our intellect and creativity to work invent design build and make new industries new ideas new exports. More and more people wont need to look for work they will create their own that will be Britain's future and and it will be  a better one.

Is this the world of Tomorrow

I  hope so for the sake of my kids

Paul Stacey

Please fee free to give me your take on the new world for the 2.7 million and your kids future

paulstacey88@gmail.com

please leave your comments..

The Green Shoots Of Recovery: Success Stories In Action

The Green Shoots Of Recovery: Success Stories In Action: The Mentoring Idea This page will be devoted to the success no matter how small, of famllies, individuals and small businesses being he...

Valentines Day 2012 never to late

Valentines Day 2012

Its Never To Late ...

Maybe your lucky enough to take your wife spouse, husband, boyfriend, girlfriend out for that long awaited romantic  Dinner or away for a Romantic break.


Maybe like many of the population you are finding it tough, so tough in fact financially that the above is going to be impossible this year. You may not be Stephen Hester, or plain Fred Goodwin, with meteoric bonuses to consider taking, handing back or trying to keep  Maybe you are a hard working Brit and have never been offered a bonus for doing your job well.


My simple advice is   just do something special for your partner, if you are really strapped for cash , make a card , buy some tulips instead of Roses get a basic box of Chocolates, but don't use the excuse which means I wont bother this year because its habit forming. 


Its the thought that counts the effort that's made the thought the consideration taken not whether its a new Maserati or dream Fur Coat.


Its a lesson we are all going to need to learn and Greece is already learning and having to accept.


But its not all bad news.Losing our triple AAA Credit rating or not there is a message here.


In these time of austerity and low growth and job and pay cuts, real values can  once again be installed in to our blue print.
Values that will transform and help us to go forward we will become more imaginative and more creative and we will grow and step out of our comfort zones as individuals nations and globally


We will rise to the occasion and the challenge.
So if you haven't bothered, forgot , don't see the point pick yourself up do somethings its not to late you still have a few hours left