Released on: June 5, 2008, 10:07 am

Press Release Author: Cindy Stranad

Industry: Financial

Press Release Summary: Landon Watts offers eight tips to gain control of your
finances and reduce debt.

Press Release Body: FOR IMMEDIATE RELEASE

Local Wealth Strategist Offers Eight Tips to Reduce Debt
Landon Watts Offers Advice on Taking Control of Finances

RALEIGH, N.C. (June 5, 2008) - W. Landon Watts, a financial strategist at Banyan
Rock & Talent, a Raleigh-based collaboration of wealth strategists, provides
guidelines to assist individuals in reducing their debt. With many Americans looking
for ways to counter rising prices, Watts advises that taking steps to
address debt now will reduce payments later.

"There is no quick fix to getting out of debt," says Watts. "Solving your debt
dilemma requires
commitment and patience."

Watts offers the following eight tips to gain control of your finances and reduce debt:

1. Take control now - evaluate your financial records to determine your income and
expenses.
2. Create a budget - based on your income and expenses, establish a plan that allows
you to allocate money for all of your categories of spending. Try to eliminate any
unnecessary costs.
3. Pay off your credit cards - paying down credit card debt will give you
flexibility and allow you to free up cash for other items.
4. Reduce the number of credit cards you have - consider having only a few credit
cards and make sure they have the lowest rate available.
5. Don't take on additional debt - work toward paying down what you currently owe
before adding any new debt. Avoid any unnecessary purchases.
6. Contact your creditors - speak directly to the companies to which you owe money.
They may be willing to set up a payment schedule that will enable you to reduce
monthly payments.
7. Ask credit counselors - assistance is available for little or no cost through
government programs or credit counseling services, which will work with you to
develop a long-term plan to pay off debt.
8. Stay vigilant - once you've reduced or paid off your balances, remember to guard
against incurring debt again. If you lack self-discipline, consider phasing out
credit cards and using debit cards or cash instead.

About W. Landon Watts:
W. Landon Watts specializes in wealth strategy solutions for individuals,
corporations and institutions, focusing on retirement and insurance planning in both
the non-profit and for-profit sectors. Watts joined Banyan Rock & Talent in 1997. He
currently holds an Investment Company and Variable Contract license, as well as a
Life and Health Insurance license. Though not a CPA, Watts and Banyan Rock & Talent
wealth strategists work within specific legal parameters to indicate tax-advantage
opportunities that clients along with their accountants can utilize. Watts
understands everyone has different goals, risk tolerances and objectives; he enjoys
customizing each portfolio for his clients. Watts received a Bachelor of Science
degree from Appalachian State University in 1993. He is licensed to conduct business
in Florida, North Carolina, South Carolina and Virginia. Visit www.LandonWatts.com
for more information,
or call (919) 782-0033.

For more information on reducing credit card debt, call Watts at (919) 782-0030 or
visit
www.LandonWatts.com.

Material discussed herewith is meant for general illustration and/or informational
purposes only, please note that individual situations can vary. Therefore, the
information should be relied upon when coordinated with individual professional
advice.

Information discussed in this release is reproduced with permission of MFS and its
Heritage Planning newsletter.

About Banyan Rock & Talent:
Based in Raleigh, Banyan Rock & Talent is a collaboration of registered reps with
FSC Securities Corporation. Founded in 1986 on the philosophy that strength, growth
and the diversification of their client's hard-earned money is made possible through
knowledge, diligence and years of experience, Banyan Rock & Talent specializes in
areas including stocks, bonds, mutual funds, variable annuities,
retirement strategies, market timers, life insurance, disability insurance and
applied real estate. All strategists are registered representatives offering
securities through FSC Securities Corporation, a registered broker-dealer, and
member of FINRA/SIPC. For further information visit 3356 Six Forks Road Raleigh, NC
27609, or call (919) 782-0033.

About AIG Advisor Group, Inc.:
The AIG Advisor Group, Inc. is among the largest independent Registered
Representative networks in the United States and consists of Advantage Capital
Corporation, AIG Financial Advisors, Inc., FSC Securities Corporation and Royal
Alliance Associates, Inc. that are all members of FINRA & SIPC. These independent
broker-dealers, with more than 7,000 independent financial professionals, are all
wholly-owned subsidiaries of American International Group, Inc. (AIG). AIG Advisor
Group is a marketing designation for certain broker-dealers, and investment advisers
affiliated with American
International Group, Inc.

Securities offered through FSC Securities Corporation, Member FINRA/SIPC. Banyan,
Rock & Talent is not affiliated with FSC Securities Corporation or registered as a
broker/dealer or investment advisor.

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Web Site: http://www.LandonWatts.com

Contact Details: Media Contact:
Cindy Stranad
(919) 232-5008
Cindy@articulon.com