The number one reason America has gone from the number one economy in the world, to that of a nation in debt is the lack of financial literacy. The credit card companies and retail outlets have teamed up (Bestbuy and HSBC, just to name one) to keep you in debt for the rest of your life, by constantly bombarding you with advertising.
Teasing your senses with the latest and greatest that the retailers have to offer and convincing you that you can’t live without it, not to mention offering financing and "EASY" low monthly payments.
You know who pays for it in the end?
YOU AND YOUR FAMILY DO.
If you just saved your money and paid cash for it, you could be doing things freely and on your way to wealth.
Original by David Naetzel
Make your creditors leave you alone!
Wednesday, March 26, 2008
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