Debt is NOT a tool to build wealth
Contrary to what most financial people will tell you, debt really is NOT a tool to build wealth. The truth is, your greatest wealth building tool is your income. If all your money goes out the door to pay somebody else, it will be impossible for you to save and build wealth. The only thing debt does for its user is cause stress, frustration, and hopelessness. It's a tool alright, just not one to cause prosperity because it has the opposite effect-bondage.
Homework
Think about it, has using debt been a blessing to you? (If it had you probably wouldn't be struggling financially and therefore not reading this right now.) Remember broke is normal. So I'm challenging you to not accept the status quo. If you are tired of being a rat in a wheel, break the cycle. This requires you to think and more importantly, do differently.
"A man in debt is so far a slave." Ralph Waldo Emerson
"Debt, n. An ingenious substitute for the chain and whip of the slavedriver." Ambrose Bierce
"Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people."Wendell Phillips
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