GROTON, VT, Jan. 7, 2004 — Debt: It's the four-letter word that's got Gene Jolley steaming mad. And when Jolley, founder of Kingdom Financial Principles LLC (KFP, www.solongbills.com) and creator of Rapid Debt Reducer(TM) software (www.rapiddebtreducer.com), read Monday's AP report about Americans' record-high consumer debt and plummeting savings and their combined potential to further weaken the U.S. economy, he says he wanted to shout from the rooftops: "It doesn't have to be this way!"
"Every person struggling right now with debt has the power to eliminate that debt–without paying a debt consolidation service monthly fees and extending interest payments, without resorting to bankruptcy, and without paying some fly-by-night company to pull a credit clean-up scam," Jolley explained. "The secret to becoming debt-free is that there is no secret. There is no overnight, miracle cure to the problem of debt. But with a little time and self-discipline, anyone can get out of consumer debt quicksand and back on solid ground."
Like many financial experts, Jolley believes consumer debt is a very real threat to the nation's economy–but he also believes many consumers don't realize their financial future is in their own hands. That belief, combined with his personal experience of eliminating his own debt, led Jolley to create his Rapid Debt Reducer debt elimination software and personal finance package. Based on the principle of debt stacking, or paying off one debt and then applying its monthly payment amount to the next debt until all debts are gone, the program creates a detailed debt elimination plan that tells users the order in which to pay off their debts, including mortgages, in five to ten years. The Rapid Debt Reducer includes savings and investment calculators and comes with a simple household budget generator and money-saving tips to help consumers develop healthier spending habits for good.
"This country is in a financial crisis, and Kingdom Financial Principles may just be the answer we have all been looking for," said Brenda J.M. Sabin, a small business owner who purchased Rapid Debt Reducer last year. "The concept of eliminating debt vs. consolidating debt is something we all should learn–and their software package makes it easy to understand [and] gives you the tools to begin using it immediately."
ABOUT KINGDOM FINANCIAL PRINCIPLES LLC
KFP is a debt elimination and consulting company that teaches and assists people to get completely out of debt in 5-10 years, including a mortgage, using the money they currently earn. Founder Gene Jolley, a Certified Financial Independence Consultant and seminar leader, has taught hundreds of people debt elimination concepts in seminar settings and one-on-one consultations. The company's Web sites include www.SoLongBills.com, www.RapidDebtReducer.com and www.GeneJolleySeminars.com.
CONTACT:
Gene Jolley
Kingdom Financial Principles LLC
877.341.3586
Email
http://www.rapiddebtreducer.com
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