About Debt

The Transforming Debt into Wealth System

Financial Freeway is a Debt-Elimination, Consulting and marketing company that assists people to get completely out of debt in as little as 3 to 9 years and that often includes a mortgage if you have one, using the money you currently earn.

My name is Ted O’Shannessy, you might call me a Money Coach or a Debt Adviser. I have worked in the Banking, Financial Planning and Mortgage Industry for over 35 Years. When I first joined the financial planning industry in 1984 I learned that only 5% of all Australians would retire truly “Financially Independent”.

Guess what?

Nothing has changed! As an Industry we have totally failed the community at large, the majority of people will retire broke, dead broke, dead or relying on the government or just self supporting and not qualifying for any social security assistance.

I had discovered what I believe most of us really, already know in our hearts, the problem is Debt or more precisely, Consumer Debt. In my research to develop a program to empower people to take monetary and debt control I discovered a program was already being successfully used in the USA. The Transforming Debt into Wealth© program was written and developed in the USA by international speaker and personal finance author John Cummuta.

The Transforming Debt into Wealth system is all about living debt free and prosperously. It is a simple mathematical  process for accelerating the elimination of all of your debts. It is cascading debt elimination with the speed of debt pay down getting faster and bigger with each passing month.

We start by helping you find how and where money is leaking out of your life. It is no co-incidence that your money seems just to vanish out the back door no sooner than you earn it. We transform this wasted money int what we call your “Accelerator Margin”. This is the rocket fuel that will send your debts into orbit.

Then we show you how to prioritize your debt repayment. This is where we determine which debt to pay out first second third etc.. Once your debts are in correct order we put your Accelerator margin to work eliminating debts one at a time.

Once your debts are gone the system shows you how to follow a simple, dependable and low risk program toward retirement wealth. You should never need to borrow money again.

The key elements of Transforming Debt into Wealth are:

• Identifying how and why you got into debt overload.
• Identifying where money is leaking out of your life.
• Accelerator Margin creation.
• Debt Prioritization.
• Focused Debt Payoff.
• Cascading Debt Elimination.
• After debt-payoff accelerated retirement wealth building.

Call me now on 02 4394 0311 to find out how I can assist you to get back on "financial track".