Money Merge Account

What are Some Secrets to Market Domination in the Shrinking Market

2012-01-12T17:21:00.001-05:00

It is advisable to note that for almost 99% on the markets out there these markets are indeed downsizing. The economic crisis in the US and Europe over the last 5 various plus years possesses affected almost every industry no matter where it is and also how much a niche it has. http://www.blogger.com/img/blank.gif

Are their industry market domination exceptions to this? The answer is of course indeed, but they are far in addition to few between then one could argue that all these markets grew in the expense of a number of becoming less, decaying or even death markets.

True marketplace domination has to do with taking over and controlling industry as a whole. This can be done using a small scale such as a regional Pizza company containing great pizza, is actually aggressive in rates and marketing and it has all of the main Search engines keywords around chicken wings and the location. This includes Google places and also Google organic looks. People could argue that a demand for pizza proceeded to go up not decrease due to various good reasons, but upon additional reflection one can identify that the costs of goods moved up considerably along with the price per pizzas has gone down. The profits model has changed as well as market domination strategy is to grab a larger business of a shrinking target make up for loss in actual profitability. It has yet another indirect effect involving eliminating other area pizza companies that were getting by but the aggressiveness and change in profitability type has forced these phones shut their entrance doors. Another indirect result is that their piece of the market cake will get divided by way of the number of players in the market.

For a medium size company market place domination in a diminishing market is a bit distinct but much the same. Let’s have a look at say a carrier size transportation company that rent rental buses. This is a very investment intensive industry while using cost of the buses, labor and expanding gasoline. The fixed costs are a huge deal and also the company that can hold their buses on the way to not only cover set expenses but yank in a bit of gain will have huge rewards over their competition. In this situation it is easy to see that they won't have nearly as very much competition in their geographic area as a Pizza firm does, but while doing so the rules of market domination in a shrinking market apply. As one particular alpha company chose to become the aggressive gambler they will capture any chunk of the downsizing market pie. Similar towards Pizza example Google is becoming so impressive tool for being uncovered they implement a market domination strategy to individual every single Google search term that a potential purchaser would consider. They following cut expenses that are useless such as Phone book print ads or other types of marketing and advertising that is antiquated as well as cause ROI. They as well invest in a robust social networking campaign to show how professional they are and grow a leader in eco-friendly busing. The market is shrinking and also the profits are smaller but they also survive the nuclear winter while their competition, their equipment along with employees do not. The oblique result is that their industry is up for grab, that this company could purchase used apparatus at a fraction of the cost and that they could hire some of the different companies’ main employees.

The ideal example I can allow for a large firm happens to be the largest organization in the world called Wal-Mart. As providers go out of business left and right, Wal-Mart evolves and grows building small amounts but ever increasing its volume. The costs for Wal-Mart are so cut-throat that even prospects that sincerely don't like the company feel expected to shop there greatly assist economic situation. Companies that would never want to get locked in a dangerous contract together with the giant do so to survive by making volume plus almost no profit one mega customer. Frequently these companies can no longer offer goods to other companies and they also become 100% reliant to the whims of Wal-Mart of course, if and when Wal-Mart changes prices or stops operations with the company they're left to crumble. Wal-Mart has destroyed additional companies that most globe wars. They have taken light beer War and full market domination for the ultimate level. They find out they can survive, increase and profit upon slim margins…can you?

United First Financial Sells Out Agents to Another MLM Market America

2011-02-10T11:02:00.002-05:00

Recently it has been announced that the once fast growing MLM company, United First Financial will be selling it's down line and a white labeled Money Merge Account system to another MLM company, Market America for an undisclosed amount of money. This is just another sad examples of MLM companies with way too much power to be able to change with a stroke of a pen the lives of thousands of people with as of ye,t no penalty.

Imagine for a minute spending years building a down line and building residual income for yourself and your family to get an email from the company that you had dedicated years of your life for, that all of that residual income that you had rightfully earned and your entire down line were not yours at all but simply sold to another MLM company Market America.

Talk about betrayal for the almighty dollar, and to think how much so many had scarified to make this once strong company successful. I write this article in an attempt to discuss the bigger issue. If you read this and tell yourself my company is different or that would never happen to me you are being ignorant to what these companies can do and more importantly what that terms and conditions piece of paper can do.

If you have not heard about http://Get2Help2.com you need to investigate it. We are a group of MLM professionals that have bonded together to come together as a group without any fees to bring justice to the MLM industry.

Almost every profession has some type of Union or groups of people working together for their basic rights except the MLM industry. Because of greed and the jumping ship mentality Networks frequently sign up and then quit and jump from ship to ship never really sticking together as group and demanding results and changes in our industry.

Imagine some sort of collective bargaining agreement in the MLM world. imagine as they are speaking about Football, if all MLM people stopped their autoships and stopped recruiting, even for a month? Do you not think the owners of these companies would lose millions and billions of dollars and be forced to listen to our fair and basic rights plea.

We want the ability to have multiple positions in multiple companies with no risk of taking our positions away.

We want the ability to speak with anyone in our down line without the possibility of repercussions.

We want the ability to sell our positions should the compensation plan change or we simply feel like it.

We want the ability to force a greedy money grubbing company like United First Financial to pay to the agents their just residual commissions instead of stealing them like a thief in the night using an unfair,unconstitutional terms and conditions form to hide from.

It is time any of you in the MLM world stand up for your rights and unite. http://Get2Help2.com is completely free. We focus on the rights to all MLM people and to protecting our down lines indefinitely and lastly creating multiple residual income streams indefinitely,

Sincerely,
Peter Celnicker Once Top 5 earner in United First Financial and now embarrassed to see what has become of a company that we thought had integrity and principles.

Debt Settling Tips - Is Debt Settlement the Right Strategy for You?

2011-02-10T11:01:00.000-05:00

Debt is serious problem for many Americans. From credit card to student loans it seems almost everybody is affected by debt. Some people choose not to answer their phone when debt collectors call and just hope that the problem will go away. Well the debt won't go away and neither will the debt collectors so people have to be proactive about the problem.

Many who go about trying to settle debt try to do so themselves. They may have little experience in trying to negotiate to settle debts and can make matters worse for themselves by agreeing to pay the debt plus high penalties. Some who try settling debt on their own end up also paying those who a company has hired to collect those debts. This is an expense that a person in debt should not even consider taking on.

People that are in debt often get letters in the mail from collection companies that buy their debt. Usually when it gets this far it is already reported on your credit report. This can cause your credit score to take a serious dive. The companies that buy the debt usually do so for pennies on the dollar. You should never offer them anything near the amount of money they request you pay them to settle your debt. These debt collection agencies are really trying to turn a profit off people who don't know they will take a much lower amount of money to settle the problem.

If you feel the debt you are accused of owing is wrong, you can dispute the claim. Sometimes the lender or company that says you owe them is mistaken. Maybe you sent the last payment in and they made an accounting error. If you can prove that the debt is an error, you should attempt to do so. Why pay what you don't owe?

One of the best ways to go about settling debt is hiring a professional to help you. In many cases this professional may be an attorney. These attorneys usually have years of experience in dealing with helping clients get out of financial troubles. They can negotiate a fair settlement that makes everybody involved happy. After years of handling these cases they know all the ins and outs of how to settle debts.

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About the Author:

The Author has good experience in the finance field, who has been writing on various related topics such as debt settlement & debt settlement attorney to help people understand the Debt Settlement process and help them save their home from foreclosure.

Emergency Funds: Preparing for the Bad Gives You Options

2011-01-22T06:13:00.000-05:00

As you work to eliminate your bad debt and try to pay down your mortgage, you should also consider another method of maintaining your financial stability: that of creating and keeping an emergency fund in a separate savings account.

Why an emergency savings account, you ask? Well, the simple answer is this: having a savings account just for emergencies can protect you against having to liquidate your assets, draining your bank accounts, and cutting into your retirement fund. In other words, an emergency savings account could be enough to protect your financial stability should something terrible befall you and your family.

Of course, there's the risk that such a savings account might never be used. This is a good thing, certainly, but it would also mean that the money you had set aside won't be doing anything for you, except accruing interest. Despite this, you can still manage the account to be an emergency fund that benefits you. For example, you can try to figure out how much at the very least your comfortable having as a sum of emergency money, and the rest of the account you can put towards other short-term savings goals.

No one likes to think about the possibility of something bad happening, and yet all around us we can see evidence of what happens if there isn't a plan in place to recover. We saw this lack in the government's response to Hurricane Katrina. We saw this lack in how BP dealt with the explosion and subsequent spill in the Gulf of Mexico. And we saw this lack in New York City's response to the recent blizzard. Obviously, our lives exist on a smaller level, but that doesn't mean we cannot learn from the mistakes others, even large entities, make in not preparing for disasters.

An emergency fund gives you the freedom to make decisions regarding how you'll respond to and recover from an emergency. In the event of a natural disaster, having an emergency fund gives you the options to stay elsewhere while your house is rebuilt, and this option might exceed what insurance could give you. An emergency fund might allow you to extend your leave of absence from work should you be injured in a car accident, or it could give you access to a better kind of treatment. An emergency fund could give you the ability to help out a relative or friend who is in sudden trouble.

Really, what we have found is this: money gives us options in life. If we carefully manage our money, we give ourselves more options from which to choose as we make our way through life, and the good and bad that we will inevitably encounter. Creating an emergency fund for yourself is one way to keep your options open when the bad finally comes around.

By-line:
This guest post is contributed by Raine Parker, who writes on the topics of accounting degree. She welcomes your comments at her email Id: raine.parker6@gmail.com.

Jim Rohn Teaches the Secrets to Personal Development

2010-12-07T20:41:00.002-05:00

This is an amazing video about Jim Rohn and personal development.

If you have not see Jim Rohn you are in for a treat! Jim Rohn unfortunately is no longer with us, but his knowledge is hear to stay. He has trained some of the most famous people in the world including Tony Robins and many others. He is truly one of the most influential people ever. He is one of my idols so take my advise and pay attention to this great man and what he has to say.

How badly do you want it and what are you willing to do to get it?

2010-10-20T08:56:00.004-04:00

Many times in life one asks oneself, "What is it going to take to make this work?"

The best answer I have ever heard is, "How badly do you want it, and what are you willing to do to get it." If you really want it then you are generally willing to pay the price to achieve your goals. The idea that results simply come to you is not accurate. Yes visualization is critical, but action is even more vital.

Over that last 2 years I have spent considerable energy analyzing MLM companies and trying to figure out what I have done right and wrong in the past in an effort to find the right company or companies where I could achieve my goals. Here is a list of the goals I want in a MLM.

Create a true residual income stream: That means it can't go from $50,000 a month to $2,000 in a blink of an eye.

Have the right to to have multiple residual income streams without risk of termination.

Find a way to create only one "down line" so that if I choose to have multiple income streams I do not have to start over or risk termination.

Have the ability to communicate with my down line whether or not I am part of the company, since it is absurd the ideas that someone cannot communicate with their friends for 2 years becuase of a unconstitutional paragraph in a independent contractors form.

Have the ability to sell my position should I wish to whom ever I wish without ridiculous hoop jumping, or if the company suddenly changes the compensation plan which will cost its agents rightfully earned income.

Have top quality training, mentoring and marketing materials without the constant approval of these companies and their annoying compliance departments.

Only work with companies where we can easily show a new associate how they can earn their initial investment back or cover the cost of the auto ship in less than 3 months.

As one can tell these are some lofty goals, especially if the person reading has been involved in a MLM and understands the negative sides to the MLM industry. If one is new please understand that there are truly wonderful aspects to the industry as well. The goal in this post is to share with everyone how one can take negativity and turn it into something beautiful.

How badly do you want it, and what are you willing to do to get it? Well, for me it took a while of thinking, studying, accepting, brain storming to come up with a solution. A solution that we hope will permanently change the face of the MLM industry. We know it will not happen over night, and once an ideas who time has come appears, there is nothing that can silence it.

Get2Help2.com is a 100% membership site dedicated to protect the rights and down lines of someone in Network marketing. Whether they be brand new or an experienced veteran, Get2Help2 is there for us all. As we broke down the pitfalls of the MLM industry it became apparent that everything single rule in the independent contractor form was 100% in favor of the company and not the individual. Why is that? I think it is the 2 reasons. The first is the Green Rule; "He who has the green makes the rules!" The second is that as individuals they come, divided they will fall. Yes, these companies pay us and we should be grateful for the opportunity but at the same point without us these companies are nothing!

Please pay attention here because this is the most critical point! We the associates of any Network Marketing company are the single most important asset! Not the owners, not the compensation plan and absolutely not the product! We are the asset!!!!

If we sign up as individuals they have no vested interest in our rights. We simply are an asset or a commodity. They don't know which of us will work our tails off and which of us will barley raise a hand and then quit. They know if they sign up x number of agents they will succeed. Because we sign up one at a time we never use the most powerful aspect of Network Marketing which is the power of leverage. Leverage is the ability to use assets such as sheer numbers of members to our advantage. So, if we were a group of 5,000 or 10,000 Get2Help2 members and we as a group were interested in a new opportunity does one think that Get2Help2 might be able to negotiate directly with this company to create a more fair set of rules. A set of rules that protects the MLM, and also a set of rules that protects the network marketer.

As I said in the beginning, the key is the willingness to pay the price. It took over two years to bring together the group of experienced, wise network marketers that I am working with today at Get2Help2. We all share the same vision of a group of members working together to protect our rights and just as important our down line. Can one image never having to build another down line again.

For more information about this you can email me @ peter @ celnicker.com or call me directly at 561-289-5217

Protect your Rights as a Network Marketer

2010-09-22T14:17:00.002-04:00

It is critical for any network marketer or someone considering a new home based business opportunity to consider their rights as a network marketer. Many companies tell you that it is owning your own business. The truth is far from true. They generally sign you up as an independent distributor or a independent contractor which is a glorified employee with a 1099 instead of a w-2. What they also fail to tell you is that it is an "At Will" employment so that one of these companies can terminate your position for a great number of reasons.

Imagine working for years creating a huge down line of thousands of people and then all of sudden the company either fires you or better yet simply stops paying your overrides. The #1 reason to join a mlm opportunity is the attraction to create a long term residual income steam. Imagine that it is simply taken from you. What are you rights?

There is a company 100% dedicated to the rights of network marketers. It is a free membership site focus on training and uniting Networkers so that together we can make a change in this industry.

Click here to find out more about Get2Help2.com and why we are so impressed with this growing company.

Nobody is left behind

2009-01-22T16:15:00.004-05:00

I can definitely say that United First Financial has come a long way over the last couple of years.

Our founders and leaders of this company must never rest. They are constantly at the drawling board just thinking up ways of how we can better serve our new and existing clients that are using the Money Merge Account Program.

U1st has just recently announced that we are now able to finance the Money Merge Account Program. Yes the program is still an investment of $3,500, but in exchange it will often times save a home owner ten's of thousands of dollars in interest! Our average client almost always re coupes their investment within 2-6 months. Have you ever had an investment pay off that fast and start yielding? I will try not to digress to much though. What I wanted to talk about was: United First Financial is no longer leaving clients behind that do not have the funds to get started with the program. We are now able to activate clients with as little as $250 down and a payment of $95 a month. The program will actually attack this debt first so that the client will have a feeling of accomplishment in the very beginning...

Very Happy Clients!

2009-01-08T09:00:00.004-05:00

Wow! What an amazing thing it is to work for a great company like United First Financial. I actually took most of the day yesterday to call a few of my clients and wish them all a happy new year. I was only able to call 3 of them because each conversation lasted about 2 hours. Why did these conversations last so long? I surly wasn’t expecting that myself, but they all had such great things to say to me about what the company has done for them personally and how they are spreading the word to their friends and family members.

One of my clients in particular is Barbara Williams. Barbara is a single lady who lives in Miami Florida (nice place, but boy is it expensive in certain areas) she is a postal employee, so not a rich person but has a great job and is smart with her money. We actually got Barbara on the Money Merge Account system on February 12th 2008, so she has almost been using the service for 1 year.

When I first met Barbara through a referral, she had a dream of being retired in exactly 5 years, and she had a 11 years left on her mortgage, so she had some work to do. With her Free Money Merge Account analysis I was only able to get her to a pay off of 6.7 YEARS! This was a very fast payoff but it was not good enough for Barbara because she had very high expectations. Regardless, Barbara decided to move forward with the program, she figured even though it was not 5 years it was still a start.

I have talked to Barbara a few times over this last year and she has been super satisfied with the service that she has received. I specifically asked her where she was at right now with the program and she went on to tell me she only had 1.5 years left to pay off her Mortgage and she would be totally debt free!

Barbara was so thrilled she gave me 3 of her closest friends phone numbers to call and get them started on the program. She also went on to say, and this is a direct quote from her, “Brent, I can honestly say taking the leap of faith with the Money Merge Account was the best decision I made for the whole year of 2008”.

Now Featured in SUCCESS FROM HOME MAGAZINE

2009-01-07T10:00:00.002-05:00

As some of you may know the founder of SUCCESS magazine is a huge advocate of United First Financial. We are now featured in the January addition of SUCCESS FROM HOME MAGAZINE. What an incredible opportunity to have our company now available on over 1,600 newsstands nationwide! How's that for credibility!

These magazines can be found at Barnes and Noble, Books A Million, but you have to hurry to be able to get your copy, they have already sold out in both book stores near our office in Delray Beach Fl. In each magazine you will find a video of what United First Financial is all about and how you can also look into the opportunity to be paid to help your friends, family members and even your clients to get out of debt! You have to take a look at some of these testimonials in this magazine.

My wife and I were just about to cry looking at some of the ways this company is changing lives all across the nation and now even in Canada. Here are a few case studies I would like to show you: These were all out of the SUCCESS FROM HOME MAGAZINE so I hope they do not mind me borrowing them. Here is what a few of our existing clients have to say about the Money Merge Account program.

“It made a huge difference in our life. We started four years ago with an $88,000 mortgage with 21 years left to pay. Using the software, we’ll own our home in February 2010.” – Gina Francis (That is only 1 year away, add the 4 years to that, they went from 21 years to 5 years! Wow

“In a year and a half, my mortgage has been paid down to $50,000. It is so much fun to see how much my equity has gone up from one month to the next. I actually look forward to receiving my mortgage payments in the mail, which is just preposterous” – Nancy Goldstein

“We started with a mortgage of $129,452, and today it’s $66,291 after using the Money Merge Account System for three years. It’s amazing to see how it reduces our principal balance and manages our budget in a way that we never could on our own. – Ben Hawkins

“Without the system, we’d only paid down our mortgage principal about $2,000 in two years. With the Money Merge Account system, we’ve paid down more than $20,000 in two years. What’s amazing is that our standard of living has not changed.” – Curtis and Jennifer Zachman

Linear Income vs. Residual Income

2009-01-06T11:00:00.004-05:00

Do you ever wonder why direct sales companies explode during the times of recessions?

I think the biggest reason is because people are looking to earn additional revenue during these hard economic times. I was watching Jim Cramer on Mad Money and he was talking about how direct sales company stocks are skyrocketing right now!! Can you believe that?

People are getting very nervous with all of these huge companies failing and going out of business. There is just no such thing as job security anymore. Companies with employees that have been with the firm for over 15 years are getting laid off everyday. I have always had an entrepreneur mindset but I believe this more today than ever; you have got to have multiple streams of income coming in to be financially stable. If one fails you will always have another.

I once heard from a very wealthy man that there are two different types of incomes. One type is Linear Income which is if you go to work and do what you are supposed to do you will get paid. The other type is Residual Income. If you do something right just one time and stay with this business and nurture it and watch it grow you will be paid for a life time.

Just think about this for a moment, you are walking through a park and you see a huge oak tree that must be 15 feet in diameter and the top of the tree is so enormous that it will shade almost an acre of land. Do you think a miracle like that just happens overnight? No not at all, somehow or another there was a seed or acorn that was dropped on the soil and then it rains and all of a sudden a small chute pops out of the shell looking for more water and nutrients. Then it rains again and again and eventually 100 years later there is a huge tree offering shad and home for many little animals.

This is kind of like how you start a direct sales company. You start planting seeds everywhere. Some will grow, some will not, and some will be major producing oak trees. This is what I have done with my United First Financial business. I have sown many seeds and now they are all growing. I have an organization that is starting to grow and mature and as they are talking to their friends and family members just sharing their testimony about what The Money Merge Account by United First Financial has done for them in their personal finances for their incomes. I am finding that agents are coming in by the droves to be able to share this debt cure with their friends and family members to offer some sort of hope during these turbulent times.

I want to leave you with this little saying that I got off of someone, “You cannot stop an idea whose time has come!” So lets go deeper in the next post and I will talk about the day in the life of an agent.

New Years Resolutions!

2009-01-05T11:47:00.004-05:00

Every year we all make the greatest new years resolutions. To get out of debt/build wealth/get in shape/stop smoking! Most of us never really seem to accomplish these things though. We are all human; we will always take the path of least resistance. The very second things start to get a little tough with our goal that we are trying to achieve we will 99.9% of the time go back to the old way of doing things.

We all know the definition for insanity, "doing the same thing over and over expecting different results." In my studies of anyone who has achieved anything in their life that was worth writing, or even talking about has been when they were coached by someone. This coaching is what the most successful people claim that was the key to their success. Whether it be financial, athletic, to quit smoking, or even making a fortune.

I once read somewhere that Tiger Woods still to this day has 6 different coaches. Do you think Tiger woods needs any more coaching on how to be the world greatest golfer? Probably not, but this coaching keeps his skills sharp, accountable, and disciplined.

My New Years resolution in January 2007 was to become completely debt free in 10 years. By debt free I am talking about house paid off, student loans, credit cards, car payment, everything completely paid off. I have been able to make this dream become reality by getting on a proven system called the Money Merge Account which some of you may know about already. Now to this day I will be completely paid off in FULL in 7 years!

When we started my wife and I had exactly 30 years left on our mortgage because we had just bought our first home and I had several credit cards and a few student loans. With our free analysis from the company we were going to pay off everything in just over 10 years! Our goal was 10 years so we had to work really hard to get it down to this time frame.

Now today two years later we have about 7.1 years left to pay off everything. In just two years we have knocked off 3 years of debt. So it is actually working better than what I was guaranteed! There is no magic pill or potion. It is all about math and how the bank looks at money and an education and coaching from the company that really opens people’s eyes and teaches us that there is a much better way of doing things than what we were taught.

All that I know is my parents, my school teachers, and my college professors are all living from pay check to pay check and are one pay check away from a disaster! I knew that I was not going to get any results from following their guidance! So I encourage everyone to make their new year’s resolution about getting out of debt and building wealth a reality and start working with a company that will be around to see you reach your dreams! See you in the next post.

How To Fix The Economy

2008-12-05T13:31:00.010-05:00

Today's unemployment report added fuel to the fire. 6.7% of people are out of work, but that figure should be higher because there are plenty out there who have given up on finding jobs. The economy is only going to get worse unless something is done, but the way our government is going about this is all wrong. Their so-called TRAP program is only making matters worse because is not helping the real cause of the problem: people who can't afford their mortgage payments and are jobless.

In order to fix this problem there is a simple and effective solution. Instead of giving the $750 billion to banks or buying up bad mortgages, they should use the money on the American people. After all, it's our tax dollars being used!

Here is what they "should have" done:

1. People who are upside down on their primary residences are given a non-qualifying loan (no income or credit) through an FHA approved Lender (a different one then the current Lender) at 90% of the home's current value (much like a FHA Streamline Refinance). There should not be a cap on the loan amount nor should there be restrictions on the property type (i.e. condos).

2. Two appraisals would be done on the property and the average would be used to determine value.

3. The loan would be a 30 year fixed rate including escrows and mortgage insurance at the current FHA MIP amount.

4. The Lender being paid off would receive payment for the amount of forgiven mortgage debt from the government. They would only receive principal, not any owed back payments. Back payments would have to be taken as a loss and no 1099c or judgment could be issue to the borrower.

5. Borrowers would agree that when they eventually sell the property that the proceeds from the sale be divided as follows: the amount of the forgiven debt be paid back to the government and then 50% of the remaining proceeds be paid to the government.

For example: A borrower owes $200,000 on his home which is currently worth $150,000. They would get a new mortgage at 90% of the current home's value for $135,000. A couple of years later (maybe longer), they sell the property for $210,000 for a profit of $75,000. The first $65,000 would be paid back to the government for the amount of original mortgage forgiven and then an extra $5,000 for the left over profit. I'm not counting closing costs into this figure, but they would be considered as well.

6. People who are not upside down on their homes should be given a hefty tax break (like paying no taxes) for 2 years or be able to get money to payoff existing consumer debt. If they are given money to payoff consumer debt, then the amount given would be paid back to the government from the proceeds of the sale of their home.

7. Banks from here on would be regulated where they are only allowed to fund Conforming, FHA or VA loans. Any ALT-A or Non-Conforming loans are left to the Hedge Funds or Private Investors. Banks would not be allowed to purchase any companies who fund ALT-A or Non-Conforming loans (this is what got us into the banking mess). These two spectrums of mortgage lending must be separated.

Why would this work...

1. The current Lender would be paid the full principal owed to them. This would prevent them from taking a hugh loss on the books. Yes, the would incur some loss from the back payments, but they wouldn't be in the mess they are now.

2. The current bad mortgages would be paid off an new mortgages would be issued.

3. People would not feel like just walking away from their properties. This would also lower their mortgage payments and the money saved can be used to pay down their consumer debt.

4. Our tax dollars would be used on helping us and the companies together.

5. Lower mortgage payments and lower consumer debt would free up extra cash which would help put money in the economy and there would be less job lost.

Do you not agree? It's amazing that the idiots in Washington didn't consider this when coming up with their brilliant plan. I wish I was high up in government and hopefully I would have been able to get this idea heard, but I'm not.

Do me a favor and see that this idea gets heard by the right people as there still might be time to fix this mess before it gets any worse.

It's Finally Over! God Bless Obama!

2008-11-05T08:13:00.002-05:00

Sorry that is post has nothing to do with the Money Merge Account and is political. I always said that three are three things you should never talk about with people if you want to avoid confrontation: money, religion, and politics. Well, I can't avoid talking about money on this blog because of my job, but I try to avoid the other two.

Anyway, I'm am so happy that Barack Obama won and we can finally get away from our miserable failure of a president. George Bush (what an idiot) has screwed us over for the past 8 years and it is time that someone young, good-willed and actually cares for the people is in the White House.

Many people I talked to didn't want to vote for Obama because he is an African-American, too inexperienced and a Democrat. Well, lets just look at those issues:

1) He is a African-American: Grow up...who cares if the man was black, white, yellow, blue, orange, purple...you get the point. We live in the year 2008 and anyone who judges someone because of the color of their skin is a jerk.

2) Too Inexperienced: As far as I'm concerned, this is a plus. This means that he hasn't been hanging around government long enough to be corrupted by every lobbyist in Washington.

3) He is a Democrat: Hey, I'm a registered Republican (Still love you, Ron Paul) and I voted for a Democrat. As far as I'm concerned, party affiliation means nothing to me, it's who is the best man for the job. Barack Obama is definately that man!

Anyway, Congratulations Barack Obama! Remember to think for the people and not for special interest groups. Make us as proud of you and be the best President this country has ever had!

Get On Version 4 If Your HELOC Is Frozen

2008-10-06T17:08:00.006-04:00

I had a client on the Money Merge Account Version 3 who had their HELOC frozen. When the bank freezes your HELOC, you will be notified by mail. Keep this letter from the bank and fax or email it to United First Financial Client Support (you should have their toll free number if you are currently a client). They will then get you up and running on Version 4.0 of the program.

Remember, Version 4.0 of the Money Merge Account Program doesn't require a HELOC. My previous post lists all the new features and benefits of Version 4.0, so please read it.

Money Merge Account Version 4.0 Features

2008-09-17T13:18:00.007-04:00

For those of you who didn't hear, United First Financial released version 4.0 of the Money Merge Account System. This new version is great! Here are all the details:

v3.0 can still be used and those on it can upgrade if they so choose, to v4.0.

v4.0 uses ‘Factorial math’. Someone with a mortgage and only 10 debts will have 3.6 million ways to pay off that debt.

Organization of funds transfer: will tell you what to pay off, when and in what order to achieve what you want!

Almost anyone will qualify now.
* No equity — no problem.
* No appraisal – no problem.
* No credit check – no problem.
* No line of credit – no problem.

v4.0 works with a HELOC, ALOC, Credit Card, Savings & Checking account. Yes, we said SAVINGS AND CHECKING!

Introducing a ‘renters’ version (or a “Express” version), for only $1,795.00.

Those who start on the Express version, can upgrade at any time by simply paying the difference.

UFirst will also finance the Money Merge Account™ now–both the full version and the EXPRESS version.

* Full version is $2000 down + $75/mo. for 24 months.

* EXPRESS is $995.00 down + 75/mo. for 12 months.

UFirst now has an optimizer package: a way to control all the variables, as well as special unique functions with your Money Merge Account™. (The optimizer is an additional $24.95/mo)

Semi Auto Pay: The Money Merge Account™ tells you (text message to your phone) when bills are due and asks if you want the program to pay them through an automated system. 1 for yes, 2 for no.

Auto Pay: The Money Merge Account™ can now move money for you as you direct it and then tell you when it’s been done.

Money Pathing: Dictate where the money will be taken from, set the paths and walk away.

Folders: Create your own folders for the program, such as savings, vacation, groceries, college funds, etc., and then assign what amounts get sent there.

Text Interaction: Ask the Money Merge Account™ information and have it respond to you instantly, such as how much money you have in a particular folder, or perhaps ask a true cost question and get it in front of your husband before he buys the BBQ Grill, or before the wife buys that 25th set of shoes.

BEST TIME TO BUY feature. Know when the best time is to buy ANYTHING, to save the most interest. The Money Merge Account™ will tell you your personal optimal point when to make the purchase, balancing out all your financial variables with what you’re already paying off.

Start and stop dates. Income, payments, you name it, all for perfect accuracy—just fill in and forget.

Multiple reports for every aspect of your needs/taxes.

Faster load time: it’s now an application, not a web based program.

Supports ANY platform:
Works with Windows.
Works with Mac.
Works with iPhone.

Can now show the POSITIVE affect of using your savings or cash flow, –savings, 401K, money market, etc.–with the ability to create an analysis a full year out, or two if you need to! Clients want to know what a decision would do? SHOW THEM.

“DOT” releases: Instead of new versions (5.0, 6.0) which come out after substantial periods of time, UFirst will now create “dot” releases instead (4.1, 4.2, etc.) a handful of which will be initiated and live before Christmas this year (2008).

BEST OF ALL: Pay off ALL debts—and CREATE SAVINGS—AT THE SAME TIME!!!

United First Financial Co-Founders Take Home Ernst And Young Entrepreneur of the Year Regional Award

2008-07-05T22:06:00.005-04:00

The company’s co-founders were awarded for entrepreneurial success in the financial services category; qualify for national awards

BLUFFDALE, Utah – July 3, 2008 – Skyler Witman, John Washenko, Matt Lovelady, Jonathan E. Bonnette, and Don Jorgensen of United First Financial™, a financial software services and support company, were recently awarded the Ernst & Young Entrepreneur Of The Year® 2008 Award in the financial services category in Utah. An independent panel of judges selected their work with United First Financial from a group of finalists, and the award was presented at a gala event at the Salt Palace Convention Center on June 27, 2008.

United First Financial’s (UFirst) innovative Money Merge Account™ program utilizes existing banking tools, one-on-one coaching and a Web-based software tool to help consumers pay off their mortgages and consumer debt in about one-half to one-third the time.

“When we started United First Financial, we didn’t just want to help people get out of debt and improve their financial situation eventually, we wanted to help them do it fast and with little to no change in their current spending habits,” said Skyler Witman, co-founder of UFirst. “The Money Merge Account solution has done just that, and more. It helps homeowners pay off a traditional mortgage in as little as one-half, to one-third the time, it helps clients without a mortgage eliminate other consumer debt and it helps clients without debt build wealth.”

The UFirst co-founders were among the founders of nine Utah-based companies to receive Ernst & Young Entrepreneur of the Year regional awards. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses.

“Ernst & Young is pleased to honor outstanding business leaders such as United First Financial,” said David Jolley, Managing Partner and Ernst & Young Entrepreneur of the Year Program Director for Utah. “Winners of the Entrepreneur of the Year award build leading businesses and contribute a great deal to the communities around them. Their success helps Utah grow stronger.”

The co-founders will travel to Palm Springs, Calif. to compete for the Ernst & Young Entrepreneur of the Year 2008 national program Nov. 15, 2008. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur of the Year award winner, will be announced at the annual awards. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation’s most prestigious gathering of high-growth, market-leading companies.

For more information concerning United First Financial and its highly-rated Money Merge Account program, please visit www.u1stfinancial.com.

About United First Financial:

United First Financial (UFirst) is a financial software services and support company. Its products, tools and coaching services enable consumers to pay-off their mortgages, eliminate their debt and achieve financial independence in a fraction of the time. For more information about United First Financial or the Money Merge Account system, please visit www.u1stfinancial.com.

About the Ernst & Young Entrepreneur of the Year Awards

Ernst & Young’s Entrepreneur of the Year is the world’s most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur of the Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential. For more information, please visit www.ey.com.

United First Financial Money Merge Account Credit Card Option

2008-04-30T12:43:00.008-04:00

As 99% of you know, a Line of Credit (either a Home Equity Line, Personal Line or Business Line will do) is required in order for the Money Merge Account Program to work. Because of the decline in the housing market and many lenders tightening their lending guidelines, Lines of Credit are becoming harder for some to obtain. Well, United First Financial has come up with a temporary fix to this problem.

As of April 2, 2008 a Credit Card can now be used with the United First Financial Money Merge Account as an alternative to a Line of Credit. If you really think of it for a moment, this makes complete sense since a Credit Card is nothing more then a Line of Credit. Granted the rates, fees and credit limit vary greatly, but this is a great way for a client to get started on the Money Merge Account Program and build some equity in their property. Later, they can then apply for a Line of Credit at a major bank and utilize it instead of the Credit Card.

Now, most United First Financial Agents are telling their clients about the Credit Card option instead of having them try to obtain a Line of Credit from a bank. I don't really think this is the right way to go as the rates and fees on Credit Cards are very high. Instead, the Credit Card option should be a last resort for a client to utilize the United First Financial Money Merge Account and it should be know that is only a temporary fix. The client's main goal should be to get a Line of Credit as soon as they can.

It should also be noted that United First Financial WILL NOT GUARANTEE the client's results on the Credit Card option UNTIL Version 4 of the Money Merge Account Software is released in June of this year. Client can still start using the Credit Card option and then once Version 4 of the Money Merge Account Software is released, United First Financial will re-run the client's Money Merge Account Analysis and give them the GUARANTEE. So, I client doesn't have to worry about them not getting a guarantee from United First Financial, since it will happening later, but it in the meantime, they can get started on the program to help paydown their mortgage.

Now, in order for a client to utilize this program, there are a couple of items they need to check with their Credit Card company about. They are as follows:

1) Are they able to write checks from their Credit Card or does their company have an online bill-pay system.
2) If the Credit Card company will allow you to write checks, is there a fee for the checks.
3) What is the interest rate they will charge you if you write a check or do an online bill-pay from your Credit Card. Remember, some Credit Card companies count this as a Cash-Advanced Transaction and the rate and fees are higher.
4) When do they apply payments.
5) Are there any Annual Fees.
6) What is the Credit Limit.

I recently heard from another United First Financial Agent that American Express has a Credit Card which works perfectly. You might want to check them out.

Anyway, I'm sorry it took so long to post this information, but I wanted to make sure the kinks were worked out and all the information I am providing is correct before I posted it.

REMEMBER: THIS IS A LAST OPTION AND A TEMPORARY FIX TO GET YOU STARTED ON THE UNITED FIRST FINANCIAL MONEY MERGE ACCOUNT! YOU SHOULD TRY TO OBTAIN A LINE OF CREDIT AS SOON AS YOU CAN AND THEN CONTACT UNITED FIRST FINANCIAL SO THEY CAN SWITCH YOUR MONEY MERGE ACCOUNT SOFTWARE TO WORK WITH THE LINE OF CREDIT INSTEAD OF THE CREDIT CARD.

United First Financial Money Merge Account Canadian Expansion

2008-03-24T14:37:00.010-04:00

This news came down the pipeline the other day to all United First Financial Agents. It seems that we can now recruit Agents in Canada! Thank goodness because I get many people contacting me from Canada and want to offer the United First Financial Money Merge Account there.

Before everyone from Canada starts contacting me again, I do want to make sure you read this little tid-bit about selling the United First Financial Money Merge Account in Canada:

"Sales of the Money Merge Account system in Canada will not be open until May 1st, 2008 and will be limited to clients with a mortgage and line of credit in the following provinces only: Alberta, British Columbia, Manitoba, Ontario and Saskatchewan."

So, please be sure you are from those provinces before contacting me about becoming a United First Financial Agent.

Frozen HELOCs and the United First Financial Money Merge Account

2008-03-07T11:08:00.011-05:00

One of biggest concerns for many Clients and Agents of the United First Financial Money Merge Account has been the issue of frozen HELOCs. I'm sure you have heard the news of a number of banks freezing the HELOCs of their clients because of the decline in the housing market. Banks are literally preventing homeowners from taking money from their HELOCs since they feel people will borrow more then their properties are worth.

The biggest problem is the banks aren't looking at individual situations. They are looking at which areas are labeled a declining market and then freezing the HELOCs of all their clients in those areas. So, even if a client has a $0 balance on the HELOC or made all payments on time, they can still fall pray to having their HELOC frozen and not being able to access their money.

Since a HELOC is the number one Line of Credit used for the United First Financial Money Merge Account this is a big concern, however, don't fear as there is a way around it.

In a recent post, I explained that clients in Texas cannot get a HELOC, so they have to get a Personal Line of Credit. A Personal Line of Credit is becoming the best way for clients on the United First Financial Money Merge Account to ensure they won't fall pray to freezing of HELOCs by banks.

A Personal Line of Credit works exactly the same way as a HELOC, expect the Personal Line of Credit is based off the credit of the individual NOT the equity in their property. Therefore, even if their property is in a declining area, they don't have to worry about the bank freezing their line. The only drawback is the interest on the Personal Line of Credit is not tax deductable, but the interest you would be charged is so minimal that I don't see this a major concern.

Therefore, if you are considering becoming a client of the United First Financial Money Merge Account or if you are an Agent, then I would suggest looking into a Personal Line of Credit. Here is that list again of banks currently offering a Personal Line of Credit:

US Bank
866-307-3219 ext. 2522
CA, UT, OR, CO, FL

Wells Fargo
888-667-5250
50 States

America One Funding
800-809-0993
50 States

Bank Of America
888-457-2543
50 States

Chase
866-466-8962
50 States

National City
800-622-4036
50 States

Key Bank
800-539-3253
AK, CO, CT, ID, IN, KY, ME, MI, NY, OH, OR, UT, VT, WA

Regions Bank
800-588-1267
AL, AR, FL, GA, IA, IL, IN, KY, LA, MO, MS, NC, SC,
TN, TX, VA

Nationwide Unsecured
877-777-9933
50 States

United First Financial Money Merge Account in Texas

2008-02-16T14:35:00.008-05:00

I was browsing the Internet looking at the many different websites on the United First Financial Money Merge Account and came across a couple on why the United First Financial Money Merge Account won't work on a property in Texas. Basically, people think if you live in Texas that you won't qualify for the United First Financial Money Merge Account. Well, I'm here to solve your problems.

In a previous post, I explained that you could use other Lines of Credit for the United First Financial Money Merge Account such as a Business Line of Credit or a Personal Line of Credit. Well, by using one of these others Lines of Credit, a person who lives in Texas can qualify for the United First Financial Money Merge Account. Also, if that person happens to own other property in another state (say Florida), they can get a Line of Credit on that property and use it to payoff their mortgage on the property in Texas.

Great, so where can you get these other Lines of Credit? Well, here are some of those places:

US Bank
866-307-3219 ext. 2522
CA, UT, OR, CO, FL

Wells Fargo
888-667-5250
50 States

America One Funding
800-809-0993
50 States

Bank Of America
888-457-2543
50 States

Chase
866-466-8962
50 States

National City
800-622-4036
50 States

Key Bank
800-539-3253
AK, CO, CT, ID, IN, KY, ME, MI, NY, OH, OR, UT, VT, WA

Regions Bank
800-588-1267
AL, AR, FL, GA, IA, IL, IN, KY, LA, MO, MS, NC, SC,
TN, TX, VA

Nationwide Unsecured
877-777-9933
50 States

I hope this information helps some of the potential clients and Agents of the United First Financial Money Merge Account.

United First Financial Money Merge Account Restructuring Fees

2008-01-25T12:13:00.004-05:00

Some of the questions I've been asked about the United First Financial Money Merge Account are about fees associated with the following situations:

1) What would happen if a person on the United First Financial Money Merge Account were to sell their home
2) After they paid off their home if they can transfer the United First Financial Money Merge Account to another property.

Well, a couple of days ago, all Agents received a notice from United First Financial Corporate addressing the restructuring and transfer fees of the Money Merge Account. I thought it would be a good idea to post them here this way your know exactly what they are.

a) If you refinance your First Mortgage or HELOC on the subject property, then the fee to restructure is $100

b) If you sell your current home and the mortgage WASN'T completely paid off yet with the United First Financial Money Merge Account, then you can transfer the United First Financial Money Merge Account to your new property and pay down that mortgage for a fee of $100

c) If you sell your current home and the mortgage WAS completely paid off with the United First Financial Money Merge Account, then you can transfer the United First Financial Money Merge Account to your new property and pay down that mortgage for a fee of $500

d) After your subject property's mortgage is paid off with the United First Financial Money Merge Account, you can transfer it to another property (like a second home or investment property) and payoff that mortgage for a fee of $500

This is great news since many people think that once they paid off their mortgage on one property, they would have to pay the full fee again for the next property they want to payoff. As you can see, this is not the case.

I hope this information clears up a lot of the debate on the United First Financial Money Merge Account and if you have any other questions, feel free to call or email me.

Why Can't You Have Your HELOC Payments Automatically Taken From Your Checking Account on the United First Financial Money Merge Account?

2008-01-21T14:25:00.004-05:00

I have been getting a lot of emails and calls recently concerning the question of why can't you have your HELOC payments automatically taken from your checking account when you are the United First Financial Money Merge Account. Well, I thought I would address this as a post since it seems it is a hot topic.

It is true that most banks will give you a lower rate on your HELOC if you elect to have payments for the HELOC automatically withdrawn from your checking account. The interest rate savings varies from each bank as is usually about .25% to .50%. So, instead if getting a 8.00% rate on your HELOC, you could get a 7.75% to 7.50% rate. Sounds good, but wait.

The main reason why I tell clients not to elect for the automatic payments is because you run into two problems:

1) Increasing your payoff time on the United First Financial Money Merge Account
2) Running the risk of overdraft charges

Let me address both these issues.

1) In order for the United First Financial Money Merge Account to work the best, you should never have money sitting in your checking/savings account and it should all be in your HELOC. Therefore, you should always have a $0 balance in your checking/savings account.

When you elect to have automatic payments on your HELOC, the bank will take the payment on the HELOC from your checking account. Therefore, you will have to transfer funds from your HELOC to your checking account or not transfer all the money in your checking account to your HELOC to make sure you have the funds available to make the payment.

Yes, your funds transfer from your checking account to your HELOC should count as a payment, so you shouldn't owe a payment to the HELOC, but some banks have a minimum financial charge or fee for the automated payments. This minimum finance charge or fee will be taken from your checking even if you tranfer your funds from your checking to HELOC.

2) If the bank tries to take money from your checking account for the payment and there isn't enough there, then they could charge you an overdraft fee. I have seen these fee as high as $50 for each occurance. Therefore, to safeguard yourself, you will have to keep money in your checking account instead of keeping in your HELOC.

So, you can see why having the automatic payments on your HELOC is a problem when you are on the United First Financial Money Merge Account. My advice is don't worry about the saving on your HELOC rate as the potential problem of overdraft fees and increasing your payoff time is a bigger problem then a .25% to .50% savings on your HELOC rate.

Need Help Repairing Credit For The United First Financial Money Merge Account

2008-01-18T16:35:00.003-05:00

I have been getting some emails recently from potential clients whos credit is preventing them from getting a Home Equity Line of Credit for the United First Financial Money Merge Account. So, to help out I decide to provide a Credit Repair Guide which was sent to me showing how to repair your credit. The Credit Repair Guide goes over step-by-step how to repair your credit and even has some sample letters to send the Credit Reporting Agencies.

You are more then welcome to download and use the Credit Repair Guide to help repair your credit on your own, but I am not responsible for anything that should happen by you using this guide. Also, if you don't have time to repair your credit on your own or have trouble, you might want to hire a company that does this for you. One good company to contact is Credit Financial Solutions, Inc. Here is their info:

Credit Financial Solutions, Inc.
John Grimm
4403 1st Ave. SE, Suite L3
Cedar Rapids, IA 52402
319-294-6651
877-294-6651 (toll free)
jgrimm@creditfinancialsolutions.com
www.creditfinancialsolutions.com

They can help get your credit repaired and then you are on your way to getting your HELOC for the United First Financial Money Merge Account. Hope this helps!

Thank You Rebeca G.!!!

2008-01-04T12:53:00.003-05:00

I just wanted to say "Thank you" to Rebeca G. She is an Agent with United First Financial who is not part of my team, just someone who read my blog on the Money Merge Account.

She wasn't getting the support she needed from her team, so she wanted to know if I could help her out. Even though she wasn't on my team I gave her the advice she needed. She called me again about a month later and again I helped her out.

I know my experience in the mortgage industry helps a lot with some of the questions clients and agents have with the Money Merge Account. I just feel that helping people out is the right thing to do.

Anyway, I was away for the holidays and she left me the sweetest voice message expressing her gratitude for my help. It really made me happy! Just thought I would share that with you all.