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Three reasons to stay away from debt

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Uploaded by on Aug 17, 2009

Here are three reasons to stay away from debt. Can you name some more reasons? http://www.beatingdebt.org

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  • Interesting observation about debt destroying the environment. At first, I doubted this, but then I looked at my own purchasing history.

    I definately bought more stuff while in debt than I did after getting out of debt.

    I could buy more, but I don't. Instead, I buy more big ticket items like plane tickets, college tuition, cars...interesting.

  • Well, the key to overcoming this is to tell others. Tell people how debt helps destroy the environment. Maybe we will convince more people to stay away from debt then.

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  • Interest loans based in time also drive up the prices. Debt also allows the controllers of the debt to steal resources and wealth from those enslaved by the debt by artificially inflating and deflating the flow of currency.

    Usury is a pox on mankind and is against natural law. It is time to recognize the destruction that usury reaps and renounce it for all of mankind.

  • Good stuff, Keep it coming.

  • Great points. Keep up the good work!

  • Honestly, when I try, I come off as bragging. People are quite resistant to having their beliefs threatened and would rather twist wisdom into something negative.

    I am not giving up. I just know that I have to work on selling my 'testimony'.

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