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Time is Money #1: Debt is a Function of the Past: Financial Freedom, #112
By Joshua King
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About this ebook
It is vital we understand the nature of debt—before we get into debt. Unfortunately, we don't get this information during class.
Debt is a function of the past. When you have debt, you will always solve yesterday's problems with today's money.
Even worse, you're stealing money from tomorrow. When you add high interest on debt, it becomes an entire mess.
I spent 20 years in debt; then, I freed myself. You don't need to relive my mistakes. Save for today and invest for tomorrow. Don't spend your resources paying for the past. Good Luck!
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Time is Money #1 - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF
Debt is a Function of the Past
Monthly Dividend Tracker Template: Buy on Etsy
All Right Reserved Military Family Investing | 01 Time is Money #1: Debt is a Function of the Past
02 What is Your Creative Ability?
03 Choose Between $100,000 Active or $50,000 Passive Income
04 The In-Debt-ured Servant
05 The 8-hour Mindset Destroys Wealth
06 What’s So Great About Being Independent?
07 Saving vs. Investing
08 Living on $3,000/month in San Diego
09 Staying Debt-Free in Your 40s
10 Will Being Cheap Make You Rich?
Try Something New -Free PDF Download
MILITARY FAMILY INVESTING
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MILITARY FAMILY INVESTING
Joshua King
Home of the Free PDF
www.militaryfamilyinvesting.com
––––––––
Time is Money #1
Debt is a Function of the Past
01 Time is Money #1: Debt is a Function of the Past
02 What is Your Creative Ability?
03 Choose Between $100,000 Active or $50,000 Passive Income
04 The In-Debt-ured Servant
05 The 8-hour Mindset Destroys Wealth
06 What’s So Great About Being Independent?
07 Saving vs. Investing
08 Living on $3,000/month in San Diego
09 Staying Debt-Free in Your 40s
10 Will Being Cheap Make You Rich?
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Monthly Dividend Tracker Template: Buy on Etsy
Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 Time is Money #1: Debt is a Function of the Past
Most of us don’t understand the devious nature of debt until it’s too late. We believe debt helps us get what we want—when we want.
In reality, debt is sucking life from our souls. The more debt we have, the more we are tied to our jobs, lifestyles, and cities.
Today, I want to get to the bottom of our debt-filled society. Make no mistake; we must defeat debt at all costs if we're going to live the life of our dreams.
Losing Friends? You’re Doing Something Right 2
How do we get into debt? Think back to your elementary, middle, and high school days—when did you lose your passion for being creative?
This is the first step towards becoming an employee or an In-debt-ured Servant. The education system teaches us to work eight hours a day, enjoy our few breaks, and listen to the boss (or teacher).
As they suck our creativity, we begin to want stuff
to give us that ping of joy. I was in high school when I started to want Jordan shoes.
I worked at McDonald’s for $4.25/hour, netting me $300 in bi-weekly paychecks. And sure enough, I would spend a large portion of this money on shoes.
Earning $1,100 a month in Dividends
Of course, when I joined the military in 1999, I bought a car within a few months. I earned $1,000/month, and my car expenses totaled $600. What a mess.
The illusion of independence. School robs us of our creativity, but society pushes us to be independent. Being independent is the worst thing we can become.
Our thirst for independence is driving our personal debt levels through
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