Re: Money Merge Accounts

Services for Real Estate Pros with Housing Solutions
As a debt counselor, I know there are a lot of programs available for people to get out of debt.  However, people do not stay motivated because they cannot see immediate results of their decisions, and the key to the success of the Money Merge Account from the view of a debt counselor is the software. Bottom line it works, without all the mumble jumble regarding the math works !  People stay with the program because the software enables them to make better current and future decisions, it keeps the home owner motivated because of the immediate results being shown with real life ups and down changes.  The software give people hope that there really is a light at the end of their tunnel of debt.  They can like their forefathers actually burn their mortgage and become debt free.  As a counselor, I wonder why anyone would question the cost versus the return.  You invest $3500.00, the return is tens of thousands in savings.  There is no magic wand, and in reality there are no free rides, what investor would pass on putting in $3500.00 to save/earn $100,000.00 + ? The software get people where they want to be - debt free.  There is no price that you can put on that. The American Dream is to own a home - not buy a home.  The Money Merge Account gives people the opportunity to learn how to manage their money, to stay motivated and to actually own their home.

Comments (2)

David Stewart
On Top of the World Communities, Inc. - Ocala, FL
Here's why:
It is a huge investment up front.

It's hard to come up with that kind of money NOW in order to save money in small increments (even if they do add up to large increments).

That huge investment is simply handed to another person who bought into a business to sell a huge up-front investment with no physical aspect. "So, Mr. Smith, you bought a website to attract me into giving you $3500 based on a promise I'll save $100,000 over 17 years. My brother-in-law could have done the same thing. Heck, I could have."

There is nothing physical being given. (No, a website with a calculator isn't physical.)

It seems like the kind of thing that one could do oneself with a little work and research. One could whip out Excel and do this, if one just figured out the formulas. Or bought them.

And it's not hard to believe that eventually (and not long from now) someone WILL put up a website explaining how to roll your own, for free.

It's sold, at least by appearance, through multi-level marketing. People don't trust these--the people who buy into MLM businesses do not have to have any expertise or responsibility for the negative results that the service users may suffer.

The product isn't worth it, in perception--that is, since there is little work and nothing physical given for the money up front, it seems like it should cost a LOT less, if anything at all.

It demands long-term discipline. And if something happens to one's financial situation, a financial emergency like loss of job or sudden huge financial cost (medical, auto, child, you name it) it doesn't help to be in one of these programs; it might hurt.

Someone is going to figure out that they can create a software program that can be sold in a box or online that will do the same thing (the calculations monthly) and they will sell it for $29.95, $49.95, or $79.95. That will probably happen soon.

I'm not saying all of these are true, but I am saying these are the kinds of reasons that people come up with for not believing the MMA actually is a good idea and that it works. By the way, I do believe the last one. If this actually does work, it's going to be arbitraged down to a much lower price.

And it's simply not true that you can't put a price on being debt-free. Obviously, you can. The prices of it are debt payment, or ruination of one's financial ratings.
Oct 11, 2007 02:14 AM
Charlie Ragonesi - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros
great blog I love the no magic wand part
Oct 11, 2007 02:14 AM