Being Wealthy Without Using Debt
People are thought to be wealthy when they acquire enough valuable resources or goods to feel more than secure in their lives. The concept of wealth is relative and not only varies between societies, but varies between different sections or classes. Getting rich is one of the main goals of most people in the United States, but it is never easy if you have nothing to start with, and most people find themselves under a mountain of debt trying to get there. One of the things many people simply do not know about wealth is that they can get rich without going into debt. Instead of relying on credit cards, we should rely on a prepaid money card. Getting rich in America takes a sensible and sane approach.
We are led to believe that debt is used by wealthy people to gain more wealth. This does not happen nearly as much as we tend to think it does. Most people who are broke are so because they are in debt up past their heads. Using debt as a tool to prosperity is just a myth started and spread by those who profit off of interest rates, late fees, repossessions, and foreclosures. If we believe in the fairy tales that the concept of debt is based on, then we are actually risking everything we own. To put it into perspective bankruptcy is the more likely outcome when we rely too much on debt rather than accumulating wealth.
Advertisements and marketing ploys by corporations are carefully constructed to make us think we need more things. This has left a lot of people unable determine the difference between what they want and what they need. Making people believe they need things they really just want only pushes them further into debt trying to acquire those things. The idea of debt is easy to sale because it gives us instant gratification. We can have the home we can't afford, we can buy the clothes we can't afford, and we can buy that flashy new car we really can't afford. Best of all we can have it NOW! Otherwise known as instant gratification. The questions are, what do we do after we get the bills we can't afford? How long can we hang on those things we can't afford before they are foreclosed, returned, or repossessed?
There are a lot of reasons behind what makes us think we need to be rich. For the some it is achieving their idea of prestige amongst their society. Some think the only way to be respected to have wealth, others are just trying to mimicking the images of the rich and famous they see at movies and on TV. Some people think the only way to have power is to have a lot of money. Others are just tired of working and they want to stack up enough money be able to retire comfortably.
What can you give up now in exchange for being rich later? Are you sticking with a job that doesn't make that much money to begin with? Do you see default approaching? If so it's time to think about cutting your expenses or getting a job or promotion that pays more. Use prepaid money cards and cut up your credit cards! After all, what's the point in giving up the stuff you like if you have a hole in your pocket? Keep the wealth you have. It's hard to get rich, but it's even harder to stay rich. Wealth unused might as well not exist.
We are led to believe that debt is used by wealthy people to gain more wealth. This does not happen nearly as much as we tend to think it does. Most people who are broke are so because they are in debt up past their heads. Using debt as a tool to prosperity is just a myth started and spread by those who profit off of interest rates, late fees, repossessions, and foreclosures. If we believe in the fairy tales that the concept of debt is based on, then we are actually risking everything we own. To put it into perspective bankruptcy is the more likely outcome when we rely too much on debt rather than accumulating wealth.
Advertisements and marketing ploys by corporations are carefully constructed to make us think we need more things. This has left a lot of people unable determine the difference between what they want and what they need. Making people believe they need things they really just want only pushes them further into debt trying to acquire those things. The idea of debt is easy to sale because it gives us instant gratification. We can have the home we can't afford, we can buy the clothes we can't afford, and we can buy that flashy new car we really can't afford. Best of all we can have it NOW! Otherwise known as instant gratification. The questions are, what do we do after we get the bills we can't afford? How long can we hang on those things we can't afford before they are foreclosed, returned, or repossessed?
There are a lot of reasons behind what makes us think we need to be rich. For the some it is achieving their idea of prestige amongst their society. Some think the only way to be respected to have wealth, others are just trying to mimicking the images of the rich and famous they see at movies and on TV. Some people think the only way to have power is to have a lot of money. Others are just tired of working and they want to stack up enough money be able to retire comfortably.
What can you give up now in exchange for being rich later? Are you sticking with a job that doesn't make that much money to begin with? Do you see default approaching? If so it's time to think about cutting your expenses or getting a job or promotion that pays more. Use prepaid money cards and cut up your credit cards! After all, what's the point in giving up the stuff you like if you have a hole in your pocket? Keep the wealth you have. It's hard to get rich, but it's even harder to stay rich. Wealth unused might as well not exist.
About the Author:
If you are tying to find a way to stop spending money you don't have and want to avoid the biggest hassles of a traditional "free" checking account, use prepaidcreditcards. Just go to http://www.readydebit.com to get your pre paid card today!
0 nhận xét:
Đăng nhận xét