It’s been a while since I’ve talked about money management so today I’m going to talk about debt management and elimination. A few years ago I came across a debt elimination system called Debt Into Wealth by Greg Moore. I purchased the program then essentially forgot about it. Life got in the way and paying my debts off got put on the back burner. So I’ve dusted it off and will begin again.

Interestingly enough, and the thing that sparked my interested about debt elimination is this commercial I keep hearing on my local radio station. It’s callled, wouldn’t you know it, Debt Into Wealth, but the person who claimed to be the creator is John Cummuta. I’ve never heard of this guy and wondered if he bought the rights to Greg’s program. I did a search on Google and see that these are two different programs. The program by John is actually called Transforming Debt Into Wealth.
Rich Single Momma

In reviewing his website I see that he is front and center on the page and his program costs a lot more. I guess it would since he has radio spots nationwide I’m sure and a slicker website. His deluxe system is a bit expensive for us single moms. The price tag is $349 plus shipping and handling. It comes with a 200 page manual, an instructional DVD, 12 cassette tapes, a Windows only software disk, and a few other extras. The basic program is $149 plus shipping and handling.

In comparison, Greg Moore’s Debt Into Wealth system is $79, is a downloadable .pdf file, is compatible with Windows and Mac (which I have), and his website is barebones. To date I haven’t heard any radio spots and I don’t even know what he looks like. He sends out a free newsletter, so does John Cummuta; and he graciously helped me when I emailed him about a problem I had finding the original files I downloaded before.

As a single mom I am busy so I don’t have time to go through a 200 page manual, plus 12 audio cassettes, and an instructional video. I’m sure a person with more time on their hands and more money would benefit greatly from Cummuta’s program though. It’s just not for me. So if you are serious about debt elimination check out either program. I highly recommend Greg Moore’s Debt Into Wealth program for the price tag, customer service, and quick and easy implementation.

Have you used a debt elimination program? Have you used either one of the ones I mentioned? If so, how do you like it?