Financial Planning

The phrase “American Dream” once had a deep meaning to baby boomers and other generations who worked hard, saving their money to obtain what they wanted (and now have.) These days, the American culture is really built on debt and credit, so deep that many of you can see how you will ever eliminate your debt and regain your life. We are enslaved by credit cards, mortgages, loans and other material objects that don’t get us any close to the true American dream. We are building a huge mountain of debt which will never be paid off before we die, not building a dream.

There is one man who has realized this, and he wants to help facilitate change. He is teaching people to transform debt into wealth, simply by using their already earned money. This man is John Cummuta, a motivational speaker, and the founder of Transforming Debt into Wealth. John Cummata’s system has been taught to over two million people worldwide and is designed to help individuals strive for the life without debt in as few as 5 to 7 years.

This system is not a magic answer, and it does not lead you to having to earn more money or borrow more. Cummuta’s system changes people’s root behavior which causes them to get into debt at the very beginning. For the millions of us who have accrued so much debt have done so because of a simple underlying reason: we did not know we had a choice. Our culture teaches, whether on purpose or not, that living the lifestyle fueled by debt is okay and normal. Buying a latte with the credit card or getting a loan to buy a new car just because you want it is perfectly acceptable in the American culture. John Cummuta’s system teaches us how to break this cycle and shows participants how current debt can be eliminated simply by using the money they currently make, and practicing self control.

This system has been mocked and made fun of as a get rich quick scheme. We have all been exposed to these scams, like websites with endless testimonial paragraphs and useless information that wants your money before it tells you how you will actually make money or what the system will really do. Although John Cummuta’s approach to marketing his system may remind you of these other annoying scams, it is not. Cummuta provides an example of how the system works in the third paragraph on his website homepage. The transforming debt into wealth system teaches lifestyle changes above anything else. As desperate as they may be, Americans with debt who are earning money still have options. Every possible penny earned must be applied to their debt, and all extraneous items must be resisted. By practicing self discipline and sticking to a created budget, people can pay off their debts much quicker than what is currently happening.

For Cummuta’s system to be the most effective, the person must have a source of income, ideally a full time job. The subscriber must be completely willing to cut expenses that may be eliminated, like cable TV, upgraded internet, and meals out. Finally, they must have the deep seated motivation to change their current spending habits. The system uses the most basic of economic principles, along with behavior modification, to accomplish what goals are set forth.

The John Cummuta scam is a myth. His system is real and effective and relevant, but it requires the user to be completely committed to changing their financial life. Ingrained lifestyle habits can be difficult to change, and disciplined saving is not easy work. Sacrificing things you want to buy is never a simple task. It will be tough but eliminating whatever unnecessary expenses you can will assist you in paying off debt quicker. If you are ready to pay off debt and change your life for the better, this system may be for you. The less money you spend on wants, the more money you can put towards principle payments on debt, and this is what John Cummuta’s system is all about.