Fighting Fire With Fire
Charging Your Way Out Of Credit Card Debt
by
Book Cover & Preview Text
Introduction
Dear Friend,
Many thanks for your interest in my Jump Start Plan! I’d like to start with a brief explanation of what is being offered.
I am offering you a plan that can allow you to charge down your credit card debt! This Jump Start Plan was developed ideally for those individuals who have already explored alternative means to accomplish the goal of paying down their credit card debt. It assumes that the prospective user of this plan has decided to seek a more suitable and independent strategy to reduce and gain control of his or her debt burden.
In fact, if this Jump Start Plan is followed as stated, it may also benefit those who are not under similar financial constraints but who are seeking to accelerate the pay-off time frame of their debt-load, as well.
In order to effectively utilize this plan and optimize its potential effect on debt reduction, you must already be routinely making at least the minimum monthly payments required by all lenders, and on time. You must also have adequate charging privileges open in each and every account and in amounts equal to or greater than the minimum monthly payment required by that lender.
Basic Rationale of the Plan
1. The suggested credit card charges called for by this plan will not compound one’s existing debt.
2. My premise is that you can “fight fire with fire” and is based upon the simple concept that if you charged to create the debt, you can also charge, as a tool, to eliminate the debt. However, this is only possible under a controlled set of rules mandating the exercise of both discipline and restraint. As such, this Jump Start Plan is not to be used or considered by those who are not willing to comply with this important mandate.
3. There is nothing illegal suggested within this plan, nor is there any intent to damage the reputation or financial status of anyone by deception or otherwise. The employment of the underlying principles or strategies within this Jump Start Plan is not meant to be construed as an attempt to undermine the reputation of anyone or organization engaged in the credit card business or other related type business. In fact, this plan was designed to serve as a benefit to both debtor and creditor alike.
4. Once engaged in the Jump Start Plan, there is no commitment of any sort calling for the sustained use of the plan. Likewise, there is no anticipation of financial hardship or loss factors associated with ceasing to continue with the plan at any given time.
5. The anticipated benefits of utilizing this Jump Start Plan are: the systematic reduction of debt and debt ratios leading to improved credit scores; overall credit-worthiness; and eliminating the necessity of taking on additional loans in order to facilitate the debt pay-down.
6. It should be fully understood that an important objective of this plan is not to induce the individual following it to acquire the habit of over-using credit cards but, conversely, to rely less on the use of credit cards by limiting charges to only those suggested under the Jump Start Plan and in a limited, controlled and focused manner. The ultimate goal is to assist the user in the endeavor to either pay off debt completely or to reduce it to a manageable level. As such, the user is advised to immediately cease to use his/her credit cards for any other purpose until the stated goals have been accomplished.
7. The suggested use of the Jump Start Plan should not be construed as an attempt to discourage anyone from seeking the advice of an attorney or other reputable individual, professional, or agency.
Formats
Book Details
About the Book
This plan was designed to Jump Start you into action, so that you can regain control of your out-of-pocket cash flow, structure the charges and payments you make to your credit cards, and get out from under that terrific debt burden. I certainly hope you follow the plan closely, so that it can do just that. But once you get into the swing of it and monitor your steady progress each month, I’m sure that you will devise ways to get it going even faster!
You’ll notice that I didn’t bug you about drastically cutting down your overall spending. I realize that you might not have been ready to make the sacrifice. But any cutting back you do in your overall spending will certainly be for your own benefit now and in the future. Again, the choice is always yours.
As I stated earlier, the other authors were certainly on to something! So at some point, perhaps when my Jump Start Plan has helped you to feel like you’ve gotten your head above water, you may want to look closer and explore many of the great ideas they have.
Wishing you all the very best of luck!
Your friend,
Bob Donnelly
About the Author
Bob Donnelly, a third generation native New Yorker, connects much of his personal and professional accomplishments to his early roots-- having grown up in “The Big City.”
Born and raised as one of seven children in a struggling family, The Donnelly’s lived in the “Yorkville” section of
To Bob, he was an early role model--he was several years older and a true older- brother type. In fact, in his own family, he was the eldest of his siblings and played a parent-like role while he studied unrelentingly in his personal pursuit to achieve
Back in the day, the struggle was all about overcoming adversities such as poverty, limited job opportunities, and in general--the prospect of an uncertain future. Many of these issues-- as perplexing as they seemed, were actually dealt with at the kitchen table-and in a family consensus fashion.
Out of shear necessity, most folks maintained a –“Just keep it simple,” attitude.
For example, if you needed food/you needed to seek work, if you had a loose tooth/you may have looked for a piece of string and the nearest doorknob, and if you needed a new outfit/you looked in your sibling’s closet. The times called for a great deal of resourcefulness and self-sufficiency, to say the least.
Remaining ever cognizant of these fundamental lessons in self preservation, Bob would later recoil this basic native intelligence by associative reasoning, into a more refined problem solving “Model,” later to be used in his entrepreneurial endeavors. Bob has a profound passion for applying simple logic to uncover simple solutions. He also subscribes to the notion that, “What man can conceive, man can achieve.”
Bob’s professional background dates back to 1968 when he entered banking- enjoying a lengthy career in economics/statistical research, real estate appraising, brokerage and management. In 1975, he was awarded a B.B.A Degree from
In 2001, he was awarded his first US Patent for a rather simple gadget-- benefiting tradesmen. While continuing along the creative path, he serves as a freelance --business/ article writer for a local newspaper. In April of 2006, Bob appeared on the CNN Cable TV Show, “Open House” --in an Episode (“Small Spaces”) centering on a (home makeover) -- renovation project. Using hands-on skills, he worked along with the highly acclaimed, Stephen Saint-Onge, who is regarded as one of the top ten Professional Interior Designers in the country.