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Press Releases>
Can a Person Continue a Silver Platter Life during this Financial Funk?
Detroit --
Jun 11, 2008 --
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Can a Person Continue a Silver Platter Life during this Financial Funk?
Will high gas prices, the gloom and doom of high unemployment, rising foreclosures and the never ending Iraqi War ruin our lives? They could but they do not have to. While the recent AARP’s report - The Economic Slowdown’s Impact on Middle-Aged and Older Americans stateseighty-one percent say the economy is in fairly bad or very bad condition, it does not have to destroy our lives. If you are feeling bad due to this economy join us for A Champagne Toast
Uplift, Inc., a 501(c)3 Idea Incubator, created A Champagne Toast, to celebrate our emancipation from financial slavery. Financial slavery is not poverty. Financial slavery is allowing money or the lack of money to control our lives. This event is based on concepts found in the book, Breakin’ Out of Your Financial Funk! written by IdaByrd-Hill.
Breakin’ Out of Your Financial Funk! was written to assist people mentally and emotionally deal with their personal financial pain while leading them to dream again.
IdaByrd-Hill spent 15 years as a financial advisor and mortgage lender attempting to educate people to view their mortgage as a part of an integrated financial plan and not the plan alone. She believes when property values increased double and triple fold, Americans were baited into the false sense this boom would continue forever, not realizing the boom was created by the cash from their refinanced mortgages.
While the media has portrayed the subprime mortgage crisis and its foreclosure cousin as affecting only the less than perfect credit borrowers, it has affected 60% of the American population. Subprime lenders expanded their market base by offering products exclusively for borrowers with good to perfect credit. People secured adjustable rate option arm, no money down and 125% home equity mortgages, not realizing greedy mortgage companies would increase their rates astronomically, even when interest rates remained low.
People are losing their dream homes and their sanity. They are stressed, attempting to cover mortgage payments that are increasing wildly; payments they can no longer afford. With property values are dropping sharply, eliminating the possibility of future refinances, people are trapped into a negative situation. People are stressed, depressed, and frustrated. People are in a financial funk.
Combine this stress with rising gas, food and utility prices, people are losing their minds and have become quite negative in their thinking. Breakin’ Out of Your Financial Funk! gives people A Champagne Toast , an opportunity to celebrate life today; an opportunity to dream again; an opportunity to receive good ideas; an opportunity to remake their life at anytime
2007 Uplift, Inc. All Rights Reserved.
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