The rich rule over the poor, and the borrower is slave to the lender.-Proverbs 22:7
I am in financial debt like several million other Americans. So I write this post not from a judgmental stand point, but from a "I know your pain" position. At one time, I used to view debt as something that was just a way of life. I was misled and believed the well marketed lie that debt is something that we all have to have in order to live. How wrong was I. Financial debt is BONDAGE, the same way hand cuffs and prison bars are. It causes us to work from a deficit position because so many of our hard earned dollars have to go to creditors as oppose to using those (hard to get) greenbacks to build wealth. Think about it, we can't build a house if we are constantly giving our materials away to others who are using our materials to build their houses (Banks and other financial institutions pay their bills with our money). We'll, I've definitely got the wake up memo. I am now vigorously attacking debt and with some hard work, intelligent decisions (that are consistent), and prayer will one day be able to get to financial independence.
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