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Dumping Debt

4.5/5 ( ratings)

Myth: Debt is a tool and should be used to help create prosperity. Truth: Debt isn't used by wealthy people nearly as much as we are led to believe.

Debt is dumb. Most normal people are just plain broke because they are in debt up to their eyeballs with no hope of help. If you're in debt, then you're a slave because you do not have the freedom to use your money to help change your family tree.

It takes a lot of will, discipline, courage and help to slay the debt monster. But it can be done. Imagine how much you could put toward retirement if you just didn't have a stinking car payment? This is how the wealthy really build their wealth. Debt is dumb. Welcome to the real world!

The myth has been sold that we should use OPM to prosper. The academic garbage is spread really thick on this issue. My contention is that debt brings on enough risk to offset any advantage that could be gained through leverage of debt.

Language: English

Format: Audio CD

Release: January 01, 2003

ISBN 13: 9780972004473

Dumping Debt

4.5/5 ( ratings)

Myth: Debt is a tool and should be used to help create prosperity. Truth: Debt isn't used by wealthy people nearly as much as we are led to believe.

Debt is dumb. Most normal people are just plain broke because they are in debt up to their eyeballs with no hope of help. If you're in debt, then you're a slave because you do not have the freedom to use your money to help change your family tree.

It takes a lot of will, discipline, courage and help to slay the debt monster. But it can be done. Imagine how much you could put toward retirement if you just didn't have a stinking car payment? This is how the wealthy really build their wealth. Debt is dumb. Welcome to the real world!

The myth has been sold that we should use OPM to prosper. The academic garbage is spread really thick on this issue. My contention is that debt brings on enough risk to offset any advantage that could be gained through leverage of debt.

Language: English

Format: Audio CD

Release: January 01, 2003

ISBN 13: 9780972004473

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