The Debt Trap

Uploaded by: BeyondTodayTV
Video Description:
One in every 60 U.S. households filed for bankruptcy in 2005. It's likely someone in your family, a neighbor down the block or a co-worker in your office is in bankruptcy court. It's not just an American problem either. Scotland has had a 33% rise in people losing there homes. For every $100 an Australian earns, they owe $130. What about you? Have you experienced difficulty paying every bill on time? Would you say that your financial house is in order? Stay tuned to Beyond Today as we discuss the problem of and the solutions to "The Debt Trap".

Tags for this video: advisor America balance bankrupt Bible bills cards credit debt finances financial God habits money pay savings spending

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that is the ... ( 1 year ago by zloben9000)

that is the fundamental FUTURE of TV !
only without god.

Don't say that bro. ... ( 1 year ago by ravageiwise)

Don't say that bro. If they go down the question will be how do we stay afloat. They better vote Ron Paul or America will be in mega trouble...

I get at least 5 ... ( 1 year ago by Stan1208)

I get at least 5 new offers for credit cards every week. The trees used to make these would make Al Gore weep. Al Gore worships trees.

As a consumer ... ( 1 year ago by AttorneyDoan)

As a consumer financial advisor, I have found that Chapter 7 Bankruptcy is the the only plausible solution to the majority of clients I counsel.

he is a pastor - ... ( 1 year ago by wmartinz)

he is a pastor - besides the best financial advice can be found in the Bible -

God will only help ... ( 11 months ago by bluzy25)

God will only help you donate your 15% to the church! Live with in your means and you will be alright.

I'm not into ... ( 11 months ago by MiranUT)

I'm not into organized religion, but I find it interesting that all the major ones preach that usury is a sin.

Usury is both a ... ( 11 months ago by mthargoe)

Usury is both a moral and practical problem....Watch Money as Debt and Money Masters on Google Video for more info

Try STUDENT DEBT ... ( 11 months ago by lexelence)

Try STUDENT DEBT KILLER program as seen on YouTube

There's a guy who ... ( 10 months ago by dickenine)

There's a guy who had been a researcher in Belgium...RichardTrekkerTheII...who was banned and forced into exile for uncovering the truth in Africa. He posts videos from exile about his findings, believing that the truth needs to be discussed now. The videos have changed my life.

Pyramid scheme! ( 9 months ago by cdltpx)

Pyramid scheme!

Student debt killer ... ( 9 months ago by cdltpx)

Student debt killer is a pyramid scheme.

What do you mean by ... ( 9 months ago by lexelence)

What do you mean by Pyramid scheme?

You have you ... ( 9 months ago by cdltpx)

You have you comments on your site disabled you don't allow comment on your video if you are so righteouses allow freedom of speech. The divide is getting so great we are going to be dirt farmers anyway as fuel prices raise we will be cultivating ground personally because food prices will have to raise with fuel. As for you E-mail Wal-Mart is a publicly held corporation they are going to make money because there is more safety in a regulated market.

Look up the ... ( 9 months ago by cdltpx)

Look up the definition and watch your video you will see the uncanny similarities in the definition. Those schemes are set in place to reel in the ignorant and at one point it all comes down and the top guy walks with all the proceeds while the lower ranks wonder what happened. Thumping a Bible to justify tour business don't fly with me the bible is great it is the religions I hate the religions use the bible to get the masses to vote for BUSH a Saudi bought CIA peon that don't work for USA.

I disabled it ... ( 9 months ago by lexelence)

I disabled it because every time I tried to reply to comments, they wouldn't post. I don't know if I am doing something wrong. As for Walmart, the corp structure is exactly a pyramid. You move up the ranks in relation to how hard you work and how successful you are. What about Enron, World Com and a bunch of others who are publicly traded companies. They screwed tons of people out of their fortunes. Will people stop trading stocks as a result? MLM is regulated by the Direct Selling Association.

There is only debt ... ( 9 months ago by dan020350)

There is only debt when justice is not served, and if the gov't is not a just one, the debt is infinite

20/20 60 min all ... ( 9 months ago by cdltpx)

20/20 60 min all have done stories on these they usually pop up in religious institutions and are plied on the ignorant gOOgle the phrase and you don't have to ask me you have a wealth of information.
You find a book online you can go to the library get an interlibrary loan for any book your library don't have.Some times I look up the best price and they will actually buy that book if they can't locate it I try to take as much work out as I can. Have the ISBN # and any information onbook.

Just turn off the ... ( 9 months ago by machinationation)

Just turn off the T.V. , cook your own simple meals and practice financial discipline. Exercise is free , try that. Don't buy a car unless you can afford it. Simple. Math doesn't lie. Greed always has a terrible return.

I think that this ... ( 8 months ago by fantasy86dj)

I think that this video is very informative, about ways to reduce debt and how we can change our spending habits.

"Why did you give ... ( 7 months ago by phredhead)

"Why did you give my son a credit card?" Why did your son accept it? That`s the problem. Obama said "people are losing their homes through no fault of their own". Huh? Whose "fault " is it? We`ve got to accept responsibilty for our actions.

Well put, buddy. ... ( 7 months ago by dirtyniggeronpcp)

Well put, buddy. We're so easy to blame others when it's clear that you run your own life and make your own choices, essentially you control your own destiny. Obama is playing on that, and for that he's a Socialist weasel that must be stopped. I don't like McCain, but goddamn, he's certainly more logical than Obama and Hillary.

Did i hear this ... ( 6 months ago by brad111515)

Did i hear this right... When god wrote the bible he told us to save our money?

In College my ... ( 6 months ago by randy95023)

In College my daughter ran up credit card debt, but she did it responsibly to support herself through the "starving college student" phase of the Junior/Senior year of college. When a school kid is trying to live off of about $1,000 per month $10K seems like a fortune. Now her and my son-inlaw make over $10K per month and the amount seems trivial. Used responsibly college students can wisely use cards and they are basically a Godsend. Used irresponisbly, however, they're a nightmare...

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