Why Do We Need This Product?

Thousands of teenagers and young adults are falling into a credit card trap every day.  Young people are using credit and debit cards without ANY training.  Worse yet, they see very few good examples from their parents, teachers and employers.

In fact, the average American family has over $8,000 in credit card debt THAT THEY WILL NEVER PAY OFF!!!  How can I make such a bold statement?  Because a few years ago, the average balance was $5,000 per family.  That means that the average family did not pay off that $5,000, and now owes an additional $3,000!  You do the math.

It is bad enough that adults have gotten themselves into credit trouble.  But now, teenagers are finding themselves in the same position.  The average college graduate now carries nearly $3,000 in credit card debt when they graduate.  Imagine that.  The day you graduate, you are already working for someone else for the rest of your life.

Working For Someone Else?

Yes, when you owe money, you are working for another person.  If you have credit card debt, you owe a minimum payment each month.  Now, for many people, the minimum is all they pay.  Studies have shown that 7 out of 10 people do not pay off their cards in full each month.  This means that they are paying interest on money they have borrowed.  That interest has to be paid off before other bills are paid – like  tuition, medical expenses, savings or charity.

Do you understand this problem?  If you have to pay someone else, before you can do the important things for you and your family, then you are a virtual SLAVE to that person.  We are training and growing a nation of slave laborers.

How Did It Happen?

There are three causes for this problem.  First, there is advertising.  We, and especially our kids, are bombarded with ads for expensive items like televisions, cars, dinners and clothing.  Now look folks, I am not against ANY of these things.  In fact, I LOVE these things.  But, unlike many people, I have learned to earn before I spend.  Unfortunately, too many people, especially our young people, are being taught to spend BEFORE THEY EARN!

Second, credit card companies are looking for new customers.  If families carry an estimated $8,000 in debt, then it stands to reason that many of them are starting to slow down on the spending.  Add to that the fact that the average person has eight credit cards, well you can see how the market is reaching its “full” stage.

So, where are credit card companies going to find new customers?  You guessed it – with people who do not have ANY credit cards yet.  And, how many companies are sending our kids advertisements for new cards?  HUNDREDS of companies!

The third cause of the problem is bad example.  Most people do not take the time to talk to their kids about the problem.  Those that do are forced to say things like, “Don’t do what I did.”  There is an argument that is bound to fail.

What Is The Solution?

It is time to take an active approach to teaching our kids how to make sound credit decisions.  This program is the first step.  The Book, DVD, and the CD-ROM  are a perfect combination to help young people learn to use their credit wisely – and profitably.

But folks, teaching kids to be careful is not enough.  That will only delay the inevitable.  We need to teach our kids to set goals, and to go after what they want in life.

We have a saying around our house.  “Do you want to go poor slower, or get rich faster?”

You see, it is not just a question of saving money or not spending it.  It is more important to teach our kids to set their goals, and then achieve them.

Are you ready to start?  Then examine the rest of this website, and get going!