From the Founders
Will Green and Glenn Wahlquist

The National Alliance for a Debt Free America (NADFA) was incorporated to help those who want to eliminate debt and replace the need for credit with solid wealth building strategies.

The primary observation leading up to the creation of NADFA was the growing trend and disturbing statistics on debt.

  • Total US consumer debt (which includes installment debt, but not mortgage debt) reached $2.46 trillion in June 2007, up from $2.398 trillion at the end of 2006 (Source: Federal Reserve)
  • Total US consumer revolving debt reached $904 billion in June 2007, up from $879 billion at the end of 2006 (Source: Federal Reserve)

We could see that if the trend continued, it would eventually bankrupt the family and bankrupt the nation. This was our concern. The question was, how could we help? What would work?

It was clear that the mere fact of available information was not enough to motivate families away from current spending toward building a strong financial future. Why not?

Surprisingly, we found many people to be complacent about how they were doing financially. The apparent “good times" and the constant drumbeat of “all you need is credit" had lulled many into believing that everything was all right. There was no cause for concern and no reason to change! Those who were uncomfortable with their finances didn’t know where to begin. Didn’t know how devastating their habits were.

Understanding this, we began to create a workable program that would clarify how debt works so strongly against us and our nation, one that would actively engage us in our finances, one that would deliver on the goal of financial independence. 

NADFA was the result.

NADFA is not a rote system or a set of secret investments strategies or debt consolidation or a credit counseling service. It is an overview of how money works, and a guided look at your personal financial world which will help you formulate your own strategies to wealth creation. And by participating in its own Residual Wealth Program, we’ve provided a way to achieve financial independence and debt free living.

We invite you to transform your life and join us in this exciting adventure!

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