Let's start with this.

The most basic principle of building wealth is you have to get control and possession of your largest wealth building tool, which is your income.

When you give all of your income away in the form of

debt payments, you have no ability to be generous. You have no ability to save and invest. Because

you bought crap that you couldn't afford and you put it on payments, and now you make a lot of money and

you don't have any money. That could be you. It was me. And it's ridiculous. It's completely

out of control. Your number one wealth building tool is your income. Don't give it away.

You've got to stop. It's got to stop. Proverbs 22-7 says the ritual is over

the poor and the borrower is slave to the lender. What happens to us is this. We get out of college,

right? And we get out of college with a stupid student loan, because you can't be a student without a student loan.

You know, we get credit cards to prove we build our credit score.

What's that do?

Because you'll be able to get into debt.

Well, that's stupid.

Well, we do it.

It's what the whole culture is signed up for.

Then we go buy a car we can't afford, and then we go buy a house we can't afford, or we gripe about not being able to afford a house because we're tied up in these things.

Well, of course you can't afford a house. You're in this. That's the numbers. That's math.

And it kicks our butt until we become hopeless and afraid and feel stuck.

Well, guess what? That's what happens to slaves. The borrower is slave

to the lender. When Sharon and I discovered this, we said, no more. I quit. I'm not playing

their game. Citibank, you can kiss my butt. I've had it with you people.

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