Escaping the Matrix - A blog for the financially fit!

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Education & Training - Independent Leadership & Financial Fitness Consultant
“Whoever does not wish to render history incomprehensible by departmentalizing it – political, economic, social – would perhaps take the view that it is in essence a battle of dominant wills, fighting in every way they can for the material which is common to everything they construct: the human labor force.” – Bertrand De Jouvenel I used to be part of the problem, now I'm hoping to be part of the solution. For 20 years I've helped families in Utah acquire loans. I refinanced hundreds if not a thousand mortgages, I've also helped hundreds of home buyers throughout Utah and other locations. Though I didn't realize at the time I was part of a economic system that is strangling and subjecting millions to economic slavery. I'm not suggesting that mortgage lending is "evil" or unnecessary, however, even after the Mortgage Meltdown in 2007, we still give money to millions who are not ready, nor have the "thinking" or "habits" they need to pay down their mortgage. I always knew that the posted rates we gave our borrowers were based on our customers paying their entire loan off over 15 or 30 years. What the borrowers never realized is what the "REAL" interest rate they were being charged by their banks. This blog will hopefully help those ethical mortgage and real estate agents who understand the great responsibility they have in helping their customers acquire what we call the "American Dream". I hope this blog also gives the prospective homeowner prepare themselves financially for making such an important purchase decision. I also want to caution those homeowners considering their mortgage as a giant piggy bank to draw against for expenses that will never provide any type of long lasting return. Thanks for reading my blog.

ARCHIVED BLOG POSTS

2007 

 The long term goal of investing is to multiply the eggs in our basket.  Most people are very focused on producing more eggs (getting a higher rate of return) but pay little attention to the fox that perpetually robs the hen house.  If you ignore the fox, soon there will be nothing left to produ...
01/26/2007
Annuities are flexible insurance contracts, they are designed to provide income and help achieve long term savings goals.  This has become a popular investment, last year alone, annuity sales were over $200 billion dollars. Much like a CD is a investment offered by a bank, an annuity is a produc...
01/26/2007
Lehi is city located in Utah county, which is in the state of Utah.  Lehi was named after a religious figure from Latter Day Saint scripture.   As of the 2000 census, the city population was 19,028. as of 2005 that number has jumped to over 32,000 (estimated). Lehi is one of the fastest-growing c...
01/25/2007
I don't know if someone does this already on the mortgage side of the aisle, but as a mortgage planner I provide my clients a yearly review in regards to their mortgage.  I evaluate their debt situation, we go over the previous years plan, I then discuss the market and where I think it's heading....
01/25/2007
Highland City is located in one of the most beautiful counties in Utah.  Located in Northern Utah county and bordered by Lehi, Pleasant Grove, Alpine, and American Fork City.  Highland City is a fantastic community to raise a family.  Within minutes of I-15, your within a half hour of downtown S...
01/25/2007
No I'm not talking about a golf club!  Actually you can relate this subject to those old submarine movies.  You know the ones where our hero's in the submarine are braving a destroyer search by some enemy.  Every man looks towards the ceiling of the submarine as the destroyer begins to search wit...
01/23/2007
Most of us have gone to lunch or dinner with some friends. How many times have you had friends over for dinner at your home?  How many new contacts that you've barely met have been invited to dinner at your home?  Some of us even have a hard time getting the family around the table more then once...
01/23/2007
The following information may have you alittle hot under the collar after you realize what these companies are doing to their clients.  As I've mentioned in an eariler blog, I've been busy getting my CE (Continuing Ed) credits for my renewal of my mortgage license.  We had a credit expert talk to...
01/18/2007
This technique may help in the future.  If you find that you have an open collection account or charge off on your credit report, then the following action will ensure the proper reporting or removal from your report.First, make sure you get the proper telephone number and account number from you...
01/18/2007
In the state of Utah, a mortgage loan officer must take 14 continuing education hours over the course of two years.  My license is due to renew at the end of this month, so today I was finishing the last hours I needed for my licensing.  One class was on credit, and my contact that I've spoken ab...
01/18/2007
Rainer
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Karl Christen

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