How To Destroy Debt and Win Back Your Financial Freedom
This is the third article in a series of articles on building wealth
You can find the first two here:
In these two posts, we discuss crafting a lifestyle of frugality. One specifically designed to minimize the largest expenses while still leaving room for the small comforts that bring you joy.
This article is designed for those of you that implemented the strategies discussed before.
Do you currently have a Gap of Opportunity waiting to be used?
If you do, then let’s get started.
The Issue with Bad Debt
Debt is the act of spending money you don’t have. For Americans, this usually starts with credit card debt or student loan debt.
It amazes me how easy it is for an 18-year-old to take out $100,000 in student loans while that same 18-year-old would be laughed out of every business loan meeting if they wanted a $10,000 business loan.
