Escaping Debt & Poverty – new ebook guide

There’s no point in denying it; tens of millions of people are having their lives ruined by painful debt or poverty. One side-effect of this crippling affliction is the apparent lack of control and inability to stop further decline. Thankfully, philanthropist Tony U S Okwum has the answer, and it’s stupidly simple.

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Everything is exposed in his new book, ‘Escaping From Debt & Poverty’, which opts for proven everyman strategies instead of official advice from the government and financial controllers who only have their best interests at heart. According to the book, poverty is a mindset and not a circumstance – and anyone now has the ability to finally understand money and its direct relation to life’s purpose.

Synopsis:

This is the right book for the right moment. This is the right book on a mission to change your life. For those who are perpetually in debt and experiencing heavy blows from money, this is the right book for you and for those who want to come out of poverty, this is for you.

Do you want to maximize what’s inside of you? Do you want to see your potential come to light? I strongly believe that this book will reshape and rebuild you to the real person you always wanted to be by overcoming financial debt and poverty.

Your greatest enemy in life is the wrong information that has settled in your subconscious mind which has made you to believe that you can never come out of debt and poverty. And this has almost made you to give up. In this book is the solution to that chronic problem- debt and poverty. The economist won’t educate you better and the government won’t tell you the truth, but this book will always lead you along the right path.

“The truth is that people already have everything they need inside of themselves; the key is to change their mind-sets and thought patterns surrounding money. They have to hate poverty enough to want to change it!” explains Okwum. “So-called professionals won’t be of any help, but my book will. Everything has been heavily tested and is unique as it has the readers’ best interests at heart. There’s nobody else trying to make money or pick up commission. That’s a rare thing these days.”

Continuing, “At the end of the day, it all comes down to control and if people want money to be their master or if they want to make it their servant. If someone’s money controls them, a simple shift in power is all that’s needed. When we change the old the new can come in to replace it, but the two can’t co-exist. The blueprint for doing just that is waiting. Become your own personal entrepreneur; if we all did it, the world would be a richer place.”

Readers agree, leaving positive reviews.

Sonia Andrews comments, “These days when everybody is hard hit financially. And the truth is that people just don’t know how to come out with solution and the government is not making it easier either. They are clueless. This book takes you into the world of financial reality. It’s straight to the point and blunt. This book is something you really need to have as an asset. Debt and poverty is crippling. This book is the real deal. It has highly enlightened and empowered me. Now I’m completely transformed after being trained and educated by this book. I can now recommend this book to anybody of any age. This little book has great power in it that can transform your financial life and affect your potential positively.”

Click on this image to buy the Kindle editiion at Amazon for only £1.99

1 in 5 couples has no financial plan for retirement

New research from Prudential has found that couples in the UK are happy to talk about their money, but struggle to turn these conversations into concrete financial plans for the future.

olderrunners

The annual survey, analysing attitudes to money and retirement planning among co-habiting couples aged 40 and over, found that nearly four in five couples (79 per cent) have discussed their finances in the last year, but more than half (52 per cent) admit that these conversations haven’t led to them agreeing a target figure for their joint retirement incomes.

  • 4 in 5 couples have discussed their finances in the last year
  • But more than half have failed to turn these conversations into financial plans for the future
  • Nearly 1 in 5 couples don’t even know where their main retirement income will come from

This figure rose to more than two thirds (67 per cent) among couples aged 45 to 54 – the crucial years in the lead-up to retirement.

This failure to turn conversations about money into actual plans for the future is further demonstrated by the fact that although nearly three fifths (61 per cent) of couples over the age of 40 have discussed retirement planning in the last year, one in five (18 per cent) still admit to not knowing where their main source of retirement income will come from.

Even more worrying is the fact that a quarter (25 per cent) of couples over the age of 40 have retirement funds that will only provide an income for life to an individual – rather than to their partners as well.

Prudential’s research took place six months after the Chancellor of the Exchequer announced sweeping changes to pensions, savings and retirement income choices in the 2014 Budget. Three-quarters (74 per cent) of couples over the age of 40 said that they are aware of the changes, and 29 per cent of them have discussed the implications with their partners.

However, despite this apparent awareness of the choices and opportunities now facing savers and retirees, only one in five (20 per cent) couples over the age of 40 say that one or both of them has consulted a financial adviser in the last five years, and only one in 10 (nine per cent) have had a joint meeting with their spouse and a professional adviser or retirement specialist. Meanwhile, the vast majority (70 per cent) of couples have never seen a financial adviser to discuss their retirement plans.

Vince Smith-Hughes, retirement expert at Prudential, commented: “The gulf between those who are aware of retirement issues and recently announced Budget changes, and those who discuss the implications openly with their other halves is alarming. However, simply having conversations about money is not enough. Taking action always needs to be the next step.

“For many couples, the first step to agreeing and securing a target income in retirement should be seeking professional financial advice together. As retirement becomes a more immediate prospect, a professional adviser or retirement specialist can help couples to make the right decisions about generating an income in retirement.

“Independent organisations such as The Pensions Advisory Service (TPAS) provide information free-of-charge to couples who are embarking on those often tricky initial conversations about retirement planning.”

Donna Dawson, psychologist and relationship expert says: “Although money appears to be a straightforward black and white issue about numbers, it is actually a very complex and emotional subject. Money discussions can often lead to disagreements between couples – misunderstandings, sulky silences and angry rows.

“One way to reduce the emotional impact of financial discussions is to write things down, so that the options can be viewed by both partners objectively. Writing down the pros and cons of situations can help to clarify and contextualise the issues. Once couples start to discuss their finances, they should stick with the discussion until they find a solution – calling in a financial adviser if necessary.”