“The rich rule over the poor, and the borrower is servant to the lender” – Proverbs 22:7
For my grandparents and great grandparents DEBT was a four letter word. And now we see why. DEBT = SLAVERY. Debt is a weight crushing the soul out of life. True freedom is found by avoiding debt like your life depended on it.
“The art of living easily as to money is to pitch your scale of living one degree below your means” – Sir Henry Taylor
Yes, we’ve all mentally spent that raise or tax refund before it has even hit our hands. As humans we can’t help but spend everything we make. But according to the universal law of wealth, to be financially secure you must spend less than you earn.
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