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Debt is Your Birthright: How to Overcome it: Financial Freedom, #168
Debt is Your Birthright: How to Overcome it: Financial Freedom, #168
Debt is Your Birthright: How to Overcome it: Financial Freedom, #168
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Debt is Your Birthright: How to Overcome it: Financial Freedom, #168

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You were born into debt, meant to stay in debt, and never to understand debt. The only way to fight back is to learn why debt is so destructive. 

 

Getting out of debt won't be easy, but understanding why you were in debt can help you build your case to free yourself.

 

As bartering became more difficult, currencies formed to exchange money for items. However, societies needed central governments to protect the sanctity of these currencies.

 

Governments needed armies to protect these currencies, and generals needed money to feed and house soldiers. Governments then needed to generate tax revenue to pay for armies.

 

Finally, governments installed markets to allow soldiers and families to spend their income on items while generating tax revenues for the governments.

 

The moral of the story is that spending was always part of the government's and society's plan to keep pulling tax revenue from you. You never stood a chance. Now it's time to fight back. Good Luck!

 

LanguageEnglish
PublisherJoshua King
Release dateJul 6, 2023
ISBN9798223018049
Debt is Your Birthright: How to Overcome it: Financial Freedom, #168

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    Debt is Your Birthright - Joshua King

    Table of Contents

    MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF

    Debt is Your Birthright

    All Right Reserved Military Family Investing | 01  Debt is Your Birthright

    02  Debt: The First 5,000 Years

    03  Become Middle-Class Plus

    04  Don’t Work Hard for Money

    05  Education Destroys Creativity

    06  Welcome to Stress Freedom

    07  Earned Income vs. Passive Income

    08  My 7 Principles of Wealth

    09  Life is a Math Game

    10  Are You Drowning in Debt?

    Try Something New -Free PDF Download

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    Also By Joshua King

    MILITARY FAMILY INVESTING

    Joshua King

    Home of the Free PDF

    www.militaryfamilyinvesting.com

    Debt is Your Birthright

    How to Overcome it

    01  Debt is Your Birthright

    02  Debt: The First 5,000 Years

    03  Become Middle-Class Plus

    04  Don’t Work Hard for Money

    05  Education Destroys Creativity

    06  Welcome to Stress Freedom

    07  Earned Income vs. Passive Income

    08  My 7 Principles of Wealth

    09  Life is a Math Game

    10  Are You Drowning in Debt?

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    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  Debt is Your Birthright

    You shouldn’t feel bad about being in debt; however, you shouldn’t be comfortable living in debt either. Debt is a very complex topic with a straightforward premise—debt is about control.

    I’m fresh off the book "Debt: The First 5,000 Years," which changed how I view debt. There is nothing new under the sun, and our current debt situation has happened before.

    I want to review how debt is always a part of our lives and how we can overcome it to find ourselves truly. Let’s begin.

    Passive Income Road Trip #7: Automated Business

    The origins of debt. Debt has always existed, even before physical currencies. People would lend three goats and ask for four goats in return.

    There has always been some form of interest-bearing loans that would make one person the lender and another the borrower.

    As bartering became more difficult, currencies formed to exchange money for items. However, societies needed central governments to protect the sanctity of these currencies.

    Governments needed armies to protect these currencies, and generals needed money to feed and house soldiers. Governments then needed to generate tax revenue to pay for armies.

    Dividend Investing in Your 60s

    Finally, governments installed markets to allow soldiers and families to spend their income on items while generating tax revenues for the governments.

    Looking at debt today. Today, you can see the same trends. The number one expense of the US government is military spending.

    We have shopping malls, online shops, cafes, gyms, ice cream parlors, doctors, hospitals, etc., generating tax revenues.

    Everything costs money, and the middle class rapidly discovers that working hard for money is not paying off in the long run.

    This has always been the case. People used to exchange their wives and children to pay down debts. These family members would become debt peons for other families.

    The Emotional Roller

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