You can search the Internet for hours and hours or read all of the vast articles and books out there, but who has the time? We all lead busy lives. The Money$crooge system is designed for everyone who wants to get the most out of their finances. It puts everything in one location at your finger tips. There are many situations where our clients are weighing the Money$crooge system verses an alternative solution.
When you are facing a personal financial hardship we know that the Money$crooge system is the best choice to take control and get results. Our system does not penalize you like credit card counseling or debt consolidation or other short term fixes. We help you get control and stay in control. Click the following links to see how we compare to the alternatives on the market and you will see how we stack up and deliver.
Money$crooge vs. Financial Planners
There is no doubt that financial planners can provide helpful investing services for individuals who can afford their hourly rates (typically around $185 per hour) or have a high net worth (usually over $100,000 or more to invest).
They are paid in a few different ways. They can charge a percentage of the money you have them manage, typically around 1%. They can also charge an hourly fee or flat maintenance fee, sometimes yearly or quarterly, and this can vary by planner.
Most financial planners focus on investing their clients' money, which is great if you have money to invest and minimal debt. But they do not typically focus on your day-to-day skills of managing your money, your expenses and your debt. That is where we come in. The Money$crooge system comprehensively examines what are you doing with the current money you are making and teaches you proven strategies to eliminate debt, clean-up your credit, and maximize your savings.
Money$crooge vs. Credit Counseling Companies
Credit counseling companies are nothing more than middle men who tell your creditors you can't pay and then they negotiate on your behalf. They perform the very same service you could do for yourself and then they tack on their additional fees (what they
believe they can get out of you each month over the years they are going to keep you in counseling). If by chance you miss just ONE payment, you are in worse shape than when you started. If you are considering credit counseling as a possible option to overcome your financial problems, please answer the following three questions first:
- Have you ever missed a payment in the past?
- Ask the credit counseling company: What are the consequences if I miss one payment?
- Ask yourself: Can I afford this risk?
Unlike credit counseling companies, Money$crooge teaches you how to work with your creditors and climb out of debt. We even provide you with sample scripts to use with your creditors to help you renegotiate your monthly payments in our online members only section. And there are no hidden fees or penalties with Money$crooge. Just straight talk and a proven plan.
Money$crooge vs. Debt Consolidators or Lenders
Too often, people get into “crunch mode” when they realize they have too much debt. What most folks do is reach for the quick fix. They call up a payday lender, refinance their home again, take out a home equity line of credit or start playing the "credit card roulette" game where they transfer balances from card to card during the "low introductory rate phase." The simple problem with all of these so-called "solutions" is that the cycle never gets broken because people never get out of debt. Separate yourself from the debt pack and take action instead of moving debt around and paying more interest. We’ve created the Money$crooge system to help you take control of your finances and finally break the debt cycle.
Money$crooge vs. Payday Lenders
Companies that provide payday loans are like modern day loan sharks. We do not recommend payday loans under any circumstances. The facts about payday lenders speak for themselves.
- A Consumer Federation of America study revealed, "Payday lenders entice cash strapped consumers to write checks without funds on deposit and then use those checks to coerce repeat transactions or collections. The combination of relatively large loan size, expensive finance charges, short repayment terms, and check holding results in loan flipping that traps many vulnerable consumers in debt."
- According to Maxoutloan.com, there are about 22,000 storefront payday loan outlets, making $40 billion a year in loans and collecting $6 billion in finance charges from borrowers.
