Avoiding Slavery

Going into debt to own an asset (which will hopefully appreciate) is investing. Going into debt just to have more stuff is self-imposed slavery.

When you save or invest money, you're pushing time into your future. You are giving yourself more time in the future. That's why people want to be wealthy. Most people today haven't even started working and they're already planning their retirement.

They want to retire by 40. They want to retire by 50. Why? So they can have all that time to do nothing - so they don't have to work. In order to do that you have to have all the money you'll need there by that time - which means you've pushed your life into your future.

But, when you go into debt, you've basically spent tomorrow's earning power. You've already spent next year's wages. You've already spent your life. You've spent your next 10 years. Gone! You're working for what you already have - not for what you're going to get.

That's where people get discouraged. When they look around and say, "This is what I have. And I have to keep workin' just to pay for this? Not as nice as it was when I bought it."

When you save rather than spend, you're guaranteeing your security - you're opening up new possibilities - you're building a better life for yourself and your family to live in when the future arrives.

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Financial Planning, Retirement Planning, Investmenting & Insurance.