Site Archives Debt Free

Are You a Borrower or a Lender? Part I


Are You a Borrower or a Lender? – Part I     Let’s contrast a real-life scenario of the borrower versus the lender that happens tens of thousands of times every day.  A person walks into an auto show room and falls in love with that new car or truck that has everything he ever […]

Are You a Borrower or a Lender? Part II


Are You a Borrower or a Lender? Part II     As mentioned in my previous blog, you have two choices.  Here, again, are the two choices:   1)    making vehicle loan payments 2)    taking that very same payment and investing it in the equity market yielding average equity returns over the past 40 years.  […]

You CAN Be Debt Free


You CAN Be Debt Free   Can you be debt free?  One person says, “I can,” another person says, “I cannot.”  Which person is correct?  Both are correct.  If you think you can, most likely you will.  It’s not so much the power of positive confession or positive thinking, as it is the sheer determination […]

Are You a Borrower or a Lender? Part III


Are You a Borrower or a Lender? Part III       Here are the details for your review:     Vehicle Loan   Cost of Vehicle:  $30,000         Invest Instead   Interest Rate: 12%           Your thoughts on this subject?  Your comments appreciated!

Benjamin Franklin On Debt


Benjamin Franklin On Debt   Benjamin Franklin said, “When you run in debt, you give to another power over your liberty.”   Living within your means is simply not going into debt for any purchase.  It means you purchase only things you need, not what you want, and you pay cash for things you need […]