DEBTSMART® EMAIL NEWSLETTER
ISSN 1538-6740
July 16, 2003 Issue 56

Tools for financial success!
A Free E-Mail Newsletter from DebtSmart® Online and Press One Publishing.

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Publisher: Scott Bilker, mailto:publisher@debtsmart.com
Editor: Richard Crammer, mailto:editor@debtsmart.com 

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For instructions to SUBSCRIBE, and DISCLAIMER, see bottom of this email.

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IN THIS ISSUE

==> Cool Quote

==> Letter from the Publisher

==> Book Review

==> 10 Financial Questions To Ask Yourself Today!

==> Household Math™: Is Biweekly Better?

==> The Top 10 Destructive Money Beliefs

==> DebtSmart® Help Center

==> Top Ten Ways to Deal with Overwhelm

==> DebtSmart® Resources

==> Subscribe/Disclaimer Information

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COOL QUOTE

Talking about debt collectors..."One guy called me everyday last week. I said, 'Look, every month I put everyone I owe into a hat, I pick three names, I pay those people. And if you call me one more time I'm taking you out of the hat.' They all want to be in the hat." --Margaret Smith, Comedian

Click below for quotes from all previous newsletters:
http://www.debtsmart.com/cgi-pl/go/030716_en.cgi?04&7428 

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LETTER FROM THE PUBLISHER 
by Scott Bilker

Hi,

Did you hear the Federal Reserve report that consumer credit rose? Oh, yeah. Revolving loans, which include credit cards, went up by 5.3% or $3.17 billion in May!

This is due to lower borrowing rates plus positive consumer spending attitude. Experts are saying that the economy is still not doing well but keep in mind that there is a difference between "the economy" and "your economy."

"The economy" is what you hear about on television, i.e., unemployment, stock market, real estate, etc. I don't have to tell you about "your economy" except to say that it's all that matters.

Don't worry so much about the big picture; focus on your world.

Regards, Scott PS: Please let me know what you think of my latest article in "Woman's World" if you happen to have read the 7/15/03 issue.

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BOOK REVIEW 
By Harold McFarland, Editor, "Readers Preference Reviews"

"Talk Your Way Out of Credit Card Debt provides solid advice on getting your rate reduced, annual fees waived, removing a late payment fee, handling disputes, and many other common problems when dealing with credit card companies. More than just advice, it is a collection of detailed examples of phone calls including complete transcripts. Each transcript demonstrates how the author handled a particular issue and the results of the call. Not content to just give one example of getting an interest rate lowered or removing over limit fees, each type of problem has several transcripts so you can get a good feel for what to expect and how to handle it. Most people are not aware of how much power they have when dealing with a credit card company and how to get things changed. This book walks the reader through the process from beginning to end and is a recommended read for anyone looking to gain control of his or her credit card situation.

Read more about "Talk Your Way Out of Credit Card Debt":
http://www.debtsmart.com/cgi-pl/go/030716_en.cgi?05&7428 

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10 FINANCIAL QUESTIONS TO ASK YOURSELF TODAY! 
by Scott Bilker

To quote the very well know motivational speaker, Anthony Robbins, "Questions are the answer." What exactly does he mean? Tony believes, as do I, that you have the ability to find the answer to any question. They key is to ask the right questions.

If you're constantly asking yourself, "Why was I so stupid to get into debt?" Then your brain is going to give you answer like, "Because you're a loser."

The thing to remember is that your brain will keep working on your question subconsciously until you get an answer. We've all had the experience...

Click below to read article:
http://www.debtsmart.com/cgi-pl/go/030716_en.cgi?06&7428 

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HOUSEHOLD MATH™: IS BIWEEKLY BETTER? 
By Scott Bilker

Here are two mortgages: (Loan 1) Standard mortgage for $166,792 at 6% for 30 years with monthly payments of $1,000.00 or (Loan 2) A biweekly mortgage for $166,792 at 6.1% for 25 years with biweekly payments (once every two weeks) of $500. Which mortgage is better?

Click below to solve problem:
http://www.debtsmart.com/cgi-pl/go/030716_en.cgi?07&7428 

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THE TOP 10 DESTRUCTIVE MONEY BELIEFS (and How to Overcome Them) 
by Dan Klatt

If you're not making as much money as you'd like, then you're holding onto some negative beliefs about yourself and how much money you're capable of handling.

In this article we'll go through 10 of the most common (and most limiting) examples of how people hold themselves back financially.

Subscribers to my ezine, "The Abundant Mind," get a Money Beliefs Quiz. From their results I've compiled these Top 10 Destructive Money Beliefs. How many can you relate to?

10. "Money is not spiritual."

Here's the belief that you're somehow more spiritual or more likely to have a better afterlife if you sacrifice greatly this time around. Or that you'll suffer after you die if you pursue the things you want, which you need money to buy. This belief is most often...

Click below to read article:
http://www.debtsmart.com/cgi-pl/go/030716_en.cgi?08&7428 

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DEBTSMART HELP CENTER 
By Scott Bilker

Helping you with your debt is very important to me personally! If you've been reading my articles, you know that I always encourage self-help as a first step. However, being buried in debt can be very overwhelming, which is why you may want to explore other options.

One of those options is professional, ongoing help with credit counselors. I've started to personally check out certain companies so I can recommend the ones that are worth considering!

If you would like to speak with a representative from a...

Click below to read more:
http://www.debtsmart.com/cgi-pl/go/030716_en.cgi?09&7428 

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TOP TEN WAYS TO DEAL WITH OVERWHELM 
by Michael Angier

Lately, many of the people I've been talking with or coaching have been complaining about being overwhelmed. I have to admit that I've been wrestling with it too.

My ideas and my commitments seem to far outpace my time and energy. So here's my advice to you--and to myself--for dealing with overwhelm.

1. Recognize that overwhelm isn't real. It's not something that attacks us. It's a feeling we experience based upon a belief there's too much to do and too little time to do it. It's fear- plain and simple. And once we recognize...

Click below to read article:
http://www.debtsmart.com/cgi-pl/go/030716_en.cgi?10&7428 

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DEBTSMART® RESOURCES

DebtSmart® Books, software, reports, in-print and downloads:
http://www.debtsmart.com/cgi-pl/go/030716_en.cgi?01&7428 

Archive of DebtSmart® Email Newsletters online:
http://www.debtsmart.com/cgi-pl/go/030716_en.cgi?02&7428 

How to use DebtSmart® articles FREE in your e-zine or on your web site:
http://www.debtsmart.com/cgi-pl/go/030716_en.cgi?03&7428 

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HOW TO SUBSCRIBE TO THIS NEWSLETTER

All recipients of DEBTSMART® EMAIL NEWSLETTER have signed up voluntarily for the newsletter via our website.

TO SUBSCRIBE to this newsletter click on the below link and complete the subscription form:
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Please contact mailto:comments@debtsmart.com with any comments, problems, or concerns.

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The author(s), Press One Publishing, and DebtSmart.com shall have neither liability nor responsibility to any person or entity with respect to any loss or damage caused, or alleged to be caused, directly or indirectly by the information contained in this email newsletter and/or at the DebtSmart.com web site. The information, methods and techniques described may not work for you and no recommendation is made to follow the same course of action. Every effort has been made verify the accuracy of all content contained herein. However, there may be mistakes; typographical, mathematical or in content. This email newsletter and the DebtSmart.com web site have been created for your entertainment only. You must always seek the proper professional advice before taking any financial or legal action. You have been warned.

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Copyright © 2003 Press One Publishing. All rights reserved. Please do not reprint, or host on your Web site, without explicit permission. However, if you found this newsletter helpful, we grant you permission, and strongly encourage you, to e-mail it to a business associate or a friend. Thank you.