Needed! To be Dave Ramsey type.
However after cleansing my debt and living debt free I started to understand how to appropriately use debt and that has made me much more wealthy.
Most people don't have the eye or the habits to control debt though.
You must first know how to make your money work. How to use it to make grab an oppurtunity. How to turn your own money into more money. How to turn your money into time. Which will then let you get more money.
Then however, you can learn how to use someone else's money to make you money.
Learn how to use someone else's money to give you time. And then keep your money safe.
It's only risky if you let it be. If you have money, take on as much debt as you currently have money. Congratulations now you currently have two of yourself in terms of money. Can you use the second "clone" of you to make you more money than you borrowed to create it? Could you use that clone to make you a machine that gave you more money even after the clone was dead?
Could you use the clone to give you more time to learn new things? New things that will make you more valuable?
If you could make a clone that built a machine that shit out the cost of your monthly grocery budget would you?
Would you do it again after that? What if you had enough machines to pay for everything in your budget?
What if you could have a clone to make the machines and a clone to give you more time throughout your day?
How much could you do if you had all your needs met and 24 hours in a day all to yourself?
Then the question is, would you actually do anything at all? Most don't. But if you learn how to use debt you can at least get to this point.
Small loan if a million dollars...
How do you make it make you 1.1million dollars?
How do you make a dollar make you $1.10? How do you do it if that dollar is not yours?
Debt is good.
Used to be Dave Ramsey type.
Needed! To be Dave Ramsey type. However after cleansing my debt and living debt free I started to understand how to appropriately use debt and that has made me much more wealthy.
Most people don't have the eye or the habits to control debt though.
You must first know how to make your money work. How to use it to make grab an oppurtunity. How to turn your own money into more money. How to turn your money into time. Which will then let you get more money.
Then however, you can learn how to use someone else's money to make you money. Learn how to use someone else's money to give you time. And then keep your money safe.
It's only risky if you let it be. If you have money, take on as much debt as you currently have money. Congratulations now you currently have two of yourself in terms of money. Can you use the second "clone" of you to make you more money than you borrowed to create it? Could you use that clone to make you a machine that gave you more money even after the clone was dead? Could you use the clone to give you more time to learn new things? New things that will make you more valuable?
If you could make a clone that built a machine that shit out the cost of your monthly grocery budget would you?
Would you do it again after that? What if you had enough machines to pay for everything in your budget?
What if you could have a clone to make the machines and a clone to give you more time throughout your day?
How much could you do if you had all your needs met and 24 hours in a day all to yourself?
Then the question is, would you actually do anything at all? Most don't. But if you learn how to use debt you can at least get to this point.
Small loan if a million dollars... How do you make it make you 1.1million dollars? How do you make a dollar make you $1.10? How do you do it if that dollar is not yours?