Newly released: The S.A.L.T. Plan: How to Prepare for an Economic Crisis of Biblical Proportions
ATLANTA, Jan. 19, 2012 /PRNewswire-USNewswire/ -- World-wide economic uncertainty makes a newly released book from Crown Financial Ministries' CEO Chuck Bentley a timely antidote to the financial ailments affecting international markets. In a column today at Politico, Bentley describes the worldwide financial crisis for which the S.A.L.T. plan could be the antidote.
In his column online and in print at Politico, Bentley discussed international forces and fiscal policies that are creating economic instability. "International pressure is building to move the U.S. and the leading industrialized nations toward a global economy in which together, all will rise or all will fall, weighed down by their collective debt," wrote Bentley. To read the article, go to: http://www.politico.com/news/stories/0112/71611.html
"Given growing, global interdependence, the national debt is an issue of national security as the wellbeing of the nation becomes intertwined with foreign governments and banks," said Bentley
Nationwide, pre-release demand for the book has resulted in a printing run of more than six times the usual number for a book, noted Bentley. "This book is more than a 'how to' guide. The material equips people to not just help themselves but others as well. It also provides a values-based framework for analyzing the economic forces impacting world financial markets."
But for the prudent, The S.A.L.T. Plan provides concrete tools for surviving and even thriving, whatever the state of the economy.
The S.A.L.T. Plan follows the themes: Save, Asset Allocation, Liquidity, Truth.
The book offers analysis and details concrete steps that people, businesses and even nations can take to prosper. Those steps include:
- Eliminate all consumer debt, applying half of surplus income to debt and half toward a savings fund.
- Prepare for unemployment. The average length of unemployment today is 9 months, meaning that the wise saver has 18 months living expenses or 140% of current income in the bank. This is best accomplished by saving 20 percent of monthly income over 7 years.
- Take an inventory of all possessions and properties. Determine those things no longer needed or used. Begin liquidating those assets, turning them into cash. Apply the proceeds to a savings fund.
To order a copy of the book, go to www.crown.org or call 800-722-1976.
Crown Financial Ministries, a non-profit, helps people and businesses integrate their values into business practices, debt reduction, and financial decision-making. For more than 35 years, Crown has been offering economic analysis and advice based on timeless truths. Theirs is a strong, international grassroots organization with offices in the U.S. and overseas. Crown experts work one on one with individuals and business leaders, as well as through workshops and seminars, teaching people how to build on a strong foundation that includes the business principles and practices found in the Bible. It is well known for its cutting edge materials first developed by its founder, the late Larry Burkett. For more information, go to www.crown.org or call 800-722-1976
SOURCE Crown Financial Ministries