Map4Life

Debt Management

Being in debt can feel like you're spiraling out of control. Buying a new house or car, going and even taking a holiday can feel very far out of your reach. The good news is that there are solutions for you.

The basics of managing too much debt

  • Figuring out where you stand financially
  • Knowing what to do when you owe too much
  • Dealing with debt collectors
  • Handling your most important debts
  • Building your financial future

Okay, so consumers at all income levels are being stretched to their limits. But chances are that you haven't yet taken decisive action to improve your financial situation. Maybe you haven't even acknowledged the state of your finances, much less changed your lifestyle and become more careful about your spending. Even if you're in financial jeopardy, chances are you don't know what to do about your situation. You may be frozen by fear and confusion.

Starting here, with our G.O.O.D. plan tool you will develop the skills, know how and information you need to take control of your finances and turn them around.

Overview
  • How to increase income and reduce spending
  • Preparing a Get Out Of Debt (G.O.O.D.) Plan
  • Wealth Creation ideas (This creates awareness in the individual of unnecessary expenses.)

Participants will be equipped with a tool to develop their very own G.O.O.D. Plan through which they can begin a journey from Debtination to Wealth Creation.

List of steps to be covered
  1. Debt Identification
  2. Identify Account creditors and Managers
  3. Calculate required payments
  4. Calculate good payment
  5. Prioritize
  6. Calculate new payments
  7. Customize payment dates
  8. End Dates
Plans of Action
  1. Define your action plan
  2. G.O.O.D. plan – House
  3. Practical
  4. New Habits
  5. Creating Wealth
  6. Summary
  7. Q’s and A’s

Debt Counselling is a highly effective, closely managed solution for people with more serious debt problems. If you are struggling to make your monthly debt repayments, and are being hounded by the creditors or you are struggling to make your day to day payments, use on of the many accredited councillors and undergo Debt Review and take control of your finances again.

Recommended Reading
  1. The 7 Habits of Highly Effective... series by Stephen Covey
  2. Good to Great by Jim Collins
  3. 8th Habit by Stephen Covey
  4. Speed of Trust by Stephen Covey
  5. Leadership and the one minute manager by Kenneth Blanchard
  6. First things First by Stephen Covey
  7. Rich dad poor dad by Robert Kiyosaki
  8. Before you quit your job by Robert Kiyosaki
  9. Retire Young, retire rich by Robert Kiyosaki
  10. Rich dads guide to investing by Robert Kiyosaki
  11. Cash Flow Quadrant by Robert Kiyosaki
  12. Why we want you to be rich by Donald Trump
  13. Outliers by Malcolm Gladwell
  14. Blink by Malcolm Gladwell
  15. Tipping Point by Malcolm Gladwell
  16. Making money out of property in South Africa by Jason Lee
  17. The philosophy of wealth by Richard Cluver
  18. Footsteps to Fortune by Richard Cluver
  19. Become your own stockbroker by Jacques Magliolo
  20. The magic of thinking big by David J Scwartz
  21. Up the organization by Robert Townsend
  22. The Automatic millionaire by David Bach
  23. How to make a second income by Godfrey Golzen
  24. The New century by Clem Sunter
  25. Mind of a fox by Clem Sunter
  26. Think like a tycoon by Dr. William G Hill
  27. The science of getting rich by Dr. Judith Powell
  28. The Richest man in Babylon by George Clason

Accreditation

Client Comments

LDA's informal yet very professional approach assisted unlocking great value from all and we highly recommend LDA and the full range of services they provided to us namely Strategic development workshops, implementation of the outcomes into to a practical electronic system.

Johan Struwig, Director, Namibia Plastics

I firstly want to say thank you for an amazing workshop on various levels. I experienced some frustrations lately and through the workshop and exercises I now know it is because we are all so different. I am able to accept my and other's personalities.

Hannlie van Niekerk, The Training Room Online

We appointed LDA to assist with a restructuring and focused training program within our company. Their willingness to share experiences and expertise with us has resulted in a visible change in our company's management teams, direction and our service offering.

Callie Schafer, MD - Prosperity Health, Namibia

Len of LDA assisted our scheme by rendering reliable, sound advice that led to the board of trustees taking a decision based on his expertise. LDA will always go to the extra mile to assist a fellow colleague in their field of expertise.

Janine Louw, CEO/PO - Naspers Medical Schemes

LDA recently conducted a strategic retreat session for NAMAF. I would like to stress that their duties were executed with professionalism, dedication, enthusiasm and accuracy at all times. This was noted with much appreciation and I would highly recommend LDA to any prospective client.

Gabriel Mbapaha, CEO - NAMAF, Namibia

LDA are passionate about what they do. Len understood our issues and offered trusted and specific advice and solutions which fit our operational requirements. LDA offered simple, actionable and measurable strategies, which forms part of our focus on achieving professionalism and excellence.

Murida Khan, Acting Principal Officer - Motohealth