So, who saw the programme on the UK broadcast channel – Channel 4 last week Thursday 11^th November? It was all about the UK’s debt level and why the austerity cuts, although necessary are not going to resolve our debt problem, as explained in the documentary (see below for the link).

It was refreshing, and well overdue by the media, to produce a programme that focused on the UK and explained the difference between our national debt and our budget deficit (got to 8.36mins in the documentary). When you understand this very simply concept then you will understand why irrelevant of the cuts, the UK’s debt levels will remain and will over the next coming years increase, resulting in more quantitative easing, alternatively know as ‘money printing’; more tax; higher interest rates; and generally more financial hardship for the populous.

For more information on what quantitative easing is please click here to see what I can honestly say is one of the most amusing videos I have seen in a long time, especially on such a serious topic, lol!

It is for this reason I expound on the importance of financial education and becoming financially savvy; by doing so you will realise the importance of 1. Using your parked savings to purchase gold; and 2. Creating your own personal economy via multiple passive income streams.

To view the documentary click on the image below. Please note that you may not be able to view this if you are outside the UK. As an alternative please view the documentary ‘In Debt We Trust’, as aforementioned in one of my previous blog posts, of the same name.

For those who want to release themselves from the slavery of debt outside of the usual traditional methods (that don’t work) of IVA, bankruptcy, other forms or debt management, then here are some alternative resources for you to use, as well as save and earn money. The information you find below will not only surprise you but, hopefully, inspire you to take action to set yourself (and family) free from the misery of debt!

• CashBackCard.com is a new online and offline cash-back scheme which is FREE to join and has no limits on the amount one can acquire in cash-back. By using this code – 9H3W-LPJM-6Z4W – when you join you will also receive £3.99 as thank you bonus. By joining now you can take advantage of the 100% cashback offer they have until Feb 2011.

For further details on CashbackCard.com please click here to see the post I wrote on it back in August.

• Money Buddies is the online blog of woman who I have a high level of respect for, Fiona Howarth.  She was in debt and shares her story on her blog, as well practical lessons and in-depth knowledge on truths and mistruths, she learnt on the way. I.e. Did you know that due to a very old English law you don’t have to pay your TV licence? Fiona’s has just released an e-book which covers this amongst other things, to which you can receive a FREE extract by clicking here.

• UK Wealth Club aims to help educate and empower people to take control of their own life, get out of debt and focus on a brighter future.  They ask , can you or anyone you know relate to these two areas-:

-           The curse of DEBT and the problems it causes for families and business?

-           The money in your pocket that is eroding your lifestyle?

If so then UK Wealth Club may be able to help you WRITE OFF ALL YOUR DEBTS!

Again, YOU don’t know what YOU don’t know! So, until you ask the questions you will never know the answers to what is possible!!

Please note all information is free and with no obligation

Contact: Steven Maoudis T: 0845 017 1840 / 24 hour voice recording – 0121 314 9371 E: info@ukwealthclub.com

Furthermore do you know that an investigation into mortgages in the last several years has found that some have been mis-sold and that you may be entitled to compensation?

• Guardian GB is all about ‘Claiming Justice for All’, as such if you think there is a possibility you have been mis-sold a mortgage, which could be based upon a conflict of interest to a Technical breach, of which there are many, pleases do go to the website to understand not only how it works and the procedure, but if you are eligible.

Ultimately, there are some in the know who are receiving thousands of pounds of “free” money just by filling out a simple form to ascertain this information.  Compensation can be as much as £50,000! What could you do with that sort of money? Money you may not even know you are entitled too!

Again, if this is you or someone you know, then Guardian GB may be able to assist for an initial fee amount shockingly low on a No Win, No Fee basis!

Contact: Phil Selwood T: 020 300 27980/07770 378191 E: phil-AT-philipselwod.com

(When contacting the above organisations please be kind enough to mention/write down your reference – Butterfly Wealth Creation (Lavinia Osbourne) or/and from where you found there information – Becoming Financially Savvy (Lavinia Osbourne); as well as keep me updated as to the progress of your situation. It all makes for great testimonials! Thank you in advance.)

To your financial success and to becoming financially savvy

Butterfly Wealth Creation

P.S. If you or someone you know is interested in purchasing gold to protect your assets against inflation, QE, etc, then please click here to watch a 9 minute  video introducing you to a new way of purchasing gold. Please contact me afterwards.

P.S. If you like this article, then please like, share, comment and subscribe to my blog! Thanks in advance!