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Do You Have Any Debt? If So, You Have Been Conned - and You are a Modern Day Slave for Life Unless You My name is Dr. Hannes Dreyer and I have been a debt-free Wealth Creator for the past 22 years. I am so pleased you have found this site, and within 3 minutes you will be too! You're looking for answers ... you know that debt is part of the problem ... and boy, are you right! You are more right than you know! Have you been doing everything "by the book"? Worked hard, got an education, worked hard, got a good job, worked hard, bought a house, worked hard, bought a car, worked hard, bought policies, worked hard, bought a TV, worked hard ... worked hard ... worked hard...
What is freedom like? How long does it take? Let me tell you what the alternative is, based on what I did and what many others are doing too, following the Debt Eradication ProgramTM:
You can do it too! Within a few years, and without earning more money! First, let's look at why we become slaves. The system is designed to make us work for others and never get free. Modern day slavery. White collar slavery. Hidden slavery we don't even know exists. The system society teaches us is designed to make you work for other people. And debt is the key. Let's take a look at who you might be working for:
All this work would make anyone a slave. But it doesn't end there!
You're already one step closer to ending the slavery, by starting to see where it comes from. Read on .... The history of credit will show you why the economy depends on you working hard your whole life long and never getting anywhere. You'll find out why I never read newspapers or watch TV anymore, and why, although I have a Masers and PhD degrees (See my CV), I don't believe in conventional education. We are trained to be in debt, because our economy is built on debt. And the message that is heavily promoted via all sources is ... To enjoy the American Dream, work hard, and you will be rewarded. Quicker than you think, because it's your right and duty to borrow money, spend, and never put off till tomorrow what you can enjoy today. Let me give you just one example. After the 9/11 attacks, New York was a ghost town - but now it's doing better than ever. This is largely due to tourism. The city came up with a marketing strategy: "Paint the town red, white and blue". Splash out. Spend money. Shop. It's your patriotic duty. "By spreading the notion of patriotic tourism, we were able to get much-needed dollars into our economy," said one hotelier. Patriotic debt. That's just one kind of debt.
... And so it goes on. All these different kinds of debts have one thing in common: they keep us poor! I will show you how! Years ago when I worked out how debt was keeping me poor (read my story further on!) I did this little calculation.
Interest rates of 98,6%! I redid the calculations. Surely this couldn't be right? The interest rate was officially 24%. How did the bank manage this bit of trickery? Nothing normal about normal financial and banking practice! It's called amortization. A fancy word for theft. The bank charges you mostly interest to begin with, mostly capital in the end. This is normal banking practice. Accepted banking procedure. Normal because they tell us so. (By now I think you're starting to realize that there is nothing normal about it!!) This is how it works on your bond. On any bond:
That means you only really start paying for your house when you've almost paid it off! Huh? Sound wrong? To me it does. Because what happens if, like the average homeowner, you move home on average every 7 years? (It could be even less - my figures are from when I was in the financial industry.) Well, what that means is that at no stage have you ever been paying the official interest rate. You've been paying effectively MUCH, MUCH more! Because by the end of Year 7 (month 84) this is what the figures look like as per my example: of the monthly repayment, R1,204.59 goes to interest and R56.29 goes to capital. So when the average person sells, he's still paying more than 21 times the interest compared with the capital. Which is an interest rate of 97.80% on the payments paid (Total premiums paid in week 84 = R105913.92. Total capital repaid on bond = R2326.87) And when he sells he still in at the end of seven years he still owes R60,173.13 on his bond. In other words he paid R105,913.92 in payments to pay off R2,326.87 in capital. Why? Because banks know that people move often. So they work it that way. Most people don't get to Year 20 and the banks know this! Simple as that! You are always paying more in debt than you think - it is the culprit that's keeping you poor! That is just one illustration out of hundreds I could give you for why you are paying more in debt that you think and why it keeps you poor! You can be free in just a few years' time - including your mortgage and car repayments! Ending debt will do dramatic things to your cash flow and to your future plans and to your FREEDOM! And it can be done in just a few years, including your mortgage and car repayments! How? Let me tell you my story. My story - from slavery to freedom In 1984 my life was going well, as I saw it. I was happily married to Tanja. I had bought her a house. I had bought myself a nice new car. I had put new wooden garage doors on. I was the top-selling Old Mutual salesman in my branch. Tanja was a magistrate. We were a two income family, doing nicely. For a boy who sometimes went to school without shoes and who failed his matric (Grade 12), I was doing more than nicely - I was doing brilliantly. You could say we were solidly middle class. We had the cars, the house, the income, the lifestyle. We also had the mortgage, the debt, the car payment plans. Like I said ... middle class. We felt secure. Like the middle class do. And that house of ours was central to our feeling of security. As a good salesman I was in a strong position. I knew I could easily bring in enough to pay for all of this, every month. Until something changed. In February, with tax deadlines at the end of financial tax year, any insurance salesman will tell you that many customers suddenly want to take out retirement annuities with tax benefits. This was true for one of my clients, who had been buying policies from me for two years at that stage. We'd discussed his needs, agreed on a product, worked out the figures, and all we needed to do was write out the annuity. But before we could do that, a colleague of mine from the same branch knocked on his door and offered to do it for him - on my behalf. "Did Hannes send you?" the client asked. "Yes" was his answer. So, knowing that the client thought he was there on my behalf, my colleague stole the sale. And got the commission. I was more than a little angry, as you can imagine. I was not going to be stolen from like that. I told my district manager what had happened but he was not prepared to reverse the commission. Nor was his boss, the branch manager. The client was just as angry at being duped. He came with me to the police station and signed an affidavit. I took it to my manager. I was called into the manager's office. Confident that justice would finally be done, I marched in. He told me to tell the client I had been wrong - or hand over my car keys AND my house keys and leave, because I was fired as of that minute. I was paying for the car but it was officially a car allowance and therefore theirs. And they were standing surety for my house, so, like the car, while the bond was all mine, the asset was not! Well, I went from hero to zero in 10 seconds. Maybe 5. They had me over a barrel and they knew it. In the short term, it worked because I had to back down. In the long term, it was a mistake on their part, because in a flash I saw how they worked, and I never went back to my state of "ignorant bliss". And I try to make sure that I liberate as many other people as I can! It was the end of me being a donkey in harness, reaping them great profits, and minding my business. I determined that night, firstly, to get back at them in the most positive way I could: get free of them; and secondly, to make sure I could never be controlled again. How could I do that? By making sure that nobody could take my car, my house, or anything else. And the only way to make sure of that was to eliminate my risk by eliminating my debt.
And I, until that moment, had thought nothing of it because I could easily make the payments. So when my boss did that, he exposed the CORPORATE game to me." And this is the game, in short: Employers have a vested interest in keeping their employees in debt. I saw it at that moment! The person in debt has to keep his job or he loses his house, car, etc! So do advertisers, banks, retailers, the media, even the educational system. It's not a conspiracy - it's worse. It's a system. Our entire economy is based on it! So every element plays its part: Our parents pass along the habits - but just in case they remember when it was not normal to live on credit, and there is the danger that they might teach this to their children, society has taught us not to value the wisdom of older people anymore - and it's a short step from there to the neglect of the elderly. The educational system perpetuates the myths that keep us in debt. Why? Ask yourself who sponsors them? Who do they serve? Increasingly, it's private enterprise. Merchants want you to want things, whether or not you need them, and they want you to buy them now, whether or not you can afford them. The media's role is to deliver a captive audience to its advertisers so it's not in their interest to teach the truth - or disgruntled advertisers simply withdraw their money. Most of what they give you is brainwashing, distraction and entertainment even if they call it the news. Governments, since being persuaded to stop spending money on looking after their people, are partners in fleecing the population. And then of course banks and other financial and credit institutions make big profits on lending us money. Everyone in the system has something to lose if we find out the truth. Worse still, even we collude in our own slavery because we prefer ignorant bliss to change! And because we are unaware of the brainwashing. Do you know that the word mortgage comes from the Old French words mort, "dead," and gage, "pledge." It literally means death pledge. Apparently it was called that because of the doubtfulness of whether the debt would ever be repaid! To get back to the story -
In the meantime, I did my job. I did it wholeheartedly. I won every prize and certificate there was to win in 1984. And at the black tie affair where they handed me all these trophies, I asked to speak to the area manager who I had been unable to get through to. I told him I had a problem I had been trying to discuss with him for a long time. And you know what he said? He said "I know all about you and your problem and I want you out of Old Mutual. I don't want people like you in this organization, the sooner you pack your bags the better." When I left that night, someone had slashed my tyres." So this was the insight number two: Employers are prepared to get rid of anyone - even their star salesman -someone who brings them millions - if that person challenges the system. They don't want you when you know too much and when they feel their little empire is threatened. In the end they don't want you free or rich or opening your mouth. They want you tied to a job by your debts. People who are scared of losing their jobs are the most loyal employees.
This Debt Eradication SeminarTM is NOT:
What You Will Learn:
In short Get completely out of debt (including your home mortgage) in just 5 to 8 years - and start building real wealth from the first month using nothing more than the money you already make! This is your chance to join the brigades of Dr Hannes Dreyer's students who are becoming Warriors Against DebtTM. There really is a legitimate way for you to become free from the shackles of debt for good without having to increase your income! ARE YOU READY TO BECOME This really is your best shot at being a part of a special army of people that are conquering debt and becoming financially independent! This amazing tuition session costs only R100 for the first 80 people who book thereafter it will go up to R300.00 Thursday, 16 October 2008 at Bytes in Midrand Book your seat at http://www.hannesdreyer.co.za/FreeSeminarBook.asp or phone my office in Pretoria Booking and Paying Method Payment should be made into the following account: Banking details:
Fax or e-mail proof of payment to Any questions? Need help with your booking? GET THE BOSS PROGRAM FOR FREE As a warrior against debt you can get the BOSS program to the value of R795.00 for FREE - this is a limited offer Enter your name and email address below to claim your FREE Boss Program, and to subscribe the Wealth Insights Newsletter NOW Warriors Against Debt is part of the Dr Hannes Dreyer Wealth Creation Group. By entering your email address you agree to terms and conditions found here and are also requesting and agreeing to subscribe to our free weekly "Wealth Insights" e-Newsletter. Finally this Debt Eradication
Strategy is available to you... Since the average household is repaying 83% of their income on debt in South Africa I plan to teach people the exact strategy I used to eradicate ALL my debt in three years and four months. I used the same Debt Eradication Strategy with my clients and on average they could repay all their debts - including their house mortgages and cars in less than five years - without the need to earn more income. Break free - start now and say goodbye to modern day debt slavery faster than you can imagine! |