Debt = Anti-Wealth

Debt is addictive. Debt is seductive. Debt is inviting. Debt is . . . Common Example: John and Jane want two new cars but they only have $4000 saved up and the cars they want cost $28,000 each for a total of $56,000. They have a very good credit rating and the lending institution lends them the money at an attractive interest rate. They drive away in their new cars feeling on top of the world and “wealthy”. . . . → Read More: Debt = Anti-Wealth

Credit Cards – Good, Bad or Neutral?

Let’s get one thing understood! Credit Cards have been invented by banks to make THEM money – that is the only reason they exist. . . . → Read More: Credit Cards – Good, Bad or Neutral?