Look you, stop what you’re doing and tell your EGO to go take a breather. What I’m about to tell you is real and straight to the point. DEBT is killing the individual in you, debt is the death of the real YOU. Debt is making you a modern slave.
Got it? Good. Let me explain.
From the minute we’re legally allowed, the system is pushing credit on us, so we can buy things we don’t need and can’t afford. Why you ask? When you OWE money, you have to go to work. It is a mechanism of control over what you do with your time and how you spend your short stay here.
If you owe lots, you have to work forever. Effectively it’s a system engineered to trap the gullible and ignorant citizens into a life of wage slavery.
There are so many of us and most of us are slaves, brilliant system yes?
I urge you to look at your financial habits and seriously consider your expenditures on useless electronics, consumer durables and worst of all, clothes. How many people dress like they are worth a million bucks but don’t have a penny to their name? What’s the use?
Modern wage slaves would love to go on vacation, get a new car, do anything, but you can’t. Your debt also accelerates at a rate of ~11-20%. Try getting that in a bank! You get like ~1-3% in a bank account.Can you see where this is going? Debt is a cancer to your financial existence and many people are already dead but don’t even know it.
I think I’ve made my point, if you have ANY SAVINGS at all, get it out of wherever it is and pay off that credit card immediately.
Buy what you can afford and don’t’ get sucked in by the media believing you need the latest crap to be whole. It’s engineered to make you work for “the man” and never live the life you were meant to.
For many people, the case is terminal. For those of you just starting to get financially sick, take a breather, take a look, take some action and reverse your habits.
Your life won’t change until YOU change. Hopefully this information will change your opinion on the game of life and let you see a layer deeper than the superficial film most people spend their entire lives watching.
All this said, investing in education is different as the price of ignorance is far more expensive and let’s face it, a mortgage is a fact of life for most. Thing is, when you get sick of your house you have a tangible asset to show so it’s well worth it.
Debt is the death of you, it’s a 4 letter word for a reason.
That is all and good luck.
P.S This may sound harsh, but it has to be. This isn’t a game, this is your life. You’ll be dead long enough.