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LACK OF DEBT IS POWER!

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Uploaded by on Mar 19, 2009

If you are smothered in debt, how will you be able to use your money to make investments that will help you along the way? If you reduce your debt and eventually get rid of it, you are on the road to building wealth.

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Education

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  • since I've been an adult and making my own money I've always had people, co workers, (even my boss) family make fun of my being frugal.. Then when I managed to pay stuff off they would still think 'm the "idiot"...

  • Debt = Credit

    No-debt = Freedom!

  • Hello Mr. Mohammed, My Dad bought a 1937 Buick (20 years before I was born) for $300 dollars and he drove it for over 33 years. That car n.e.v.e.r. gave him any problems. (He always commented that America knows how to build good cars, but they just don't want to). Anyway, he sold it in the 1970's for $300. You talk a lot of "the millionaire next door", well believe me that was my Dad. He and my mom lived during 'The Great Depression' and I am thankful that I learned a lot of their good habits.

  • exactly. This ignorance cycle is definitely in the black community. That's exactly why I'm not getting a 40 k load for college. Utterly retarded investment. Education can be acquired for pennies on the dollar. Internet. Libraries. Think people

  • good stuff!!!

  • Now, because you have a social security card, the government can borrow in your name.  They issue fiat money, which is debt. They buy arms, banks and vaccines as well as friends in the form of aid to other countries. Our only way to fight back is to be frugal and turn the retirement money into silver and gold. When there is enough and the time is right, turn it into investments. Use the money to fight back by giving to the politicians that are fighting for us.

  • live within your MEANS, thank you! important message

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