Big Ideas to Get Out of Debt

Dec 21
20:17

2009

Jesse Niesen

Jesse Niesen

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Poor FormulaThe poor formula is when you earn money, then spend it all, and then borrow even more and spend all that, too. Sound familiar?STOP DOING T...

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Poor Formula

The poor formula is when you earn money,Big Ideas to Get Out of Debt  Articles then spend it all, and then borrow even more and spend all that, too. Sound familiar?

STOP DOING THIS:

Earn, Spend, Borrow = Debt, Poor, Slave

This creates debt, results in being poor and enslaves you to your creditors. It's all too familiar today. This formula is the root cause of most financial struggle in our lives. It makes you a slave to money for life unless you break the cycle.

The problem is NO ONE ever taught us just how bad this is for our financial health, which affects our physical health and our relationships with everyone important in our lives. If you're following the "poor formula", you need to STOP IT!

START using the "wealth formula" instead...

Wealth Formula - Easily put, the wealth formula is "spend less than you earn and invest the rest for compounding growth". This is when you earn money, spend less than you earn and save the rest to invest it.

START DOING THIS:

Earn, Save, Invest = Wealth, Rich, Free

This creates wealth, financial independence and freedom!

Learn the difference between the poor formula and the wealth formula and begin at once to apply the wealth formula to every financial choice you make from here forward. Tattoo it to your eyelids if you must, because it's that important!

Isn't it time for a change?

Let's eliminate credit card interest payments from your life, and set you on the fastest path to freedom from debt, OK?

OK, you're ready for the "big idea"...

The "Big Idea" -- How to Solve Financial Problems:

"STOP paying interest and START earning interest, ASAP."

What's the difference between be a slave to debt and being wealthy?

The difference is the wealthy have money working FOR them and the broke have money working against them.

Over time, it adds up, either way.

When asked what he thought was the "most powerful force in the universe," Einstein replied, "Compound interest." Has the "most powerful force in the universe" been working for you, or against you? How are things looking for you?

If you're paying interest you know you must STOP:

"STOP paying interest and START earning interest, ASAP"

...it's not only the "big idea," it's a great idea.

The sooner, the better!

Remember, out of 100 Americans, by age 65:

  • 1 is Wealthy*
  • 4 are Financially Independent*
  • 32 are Dead**
  • 63 are Broke
* The wealthy and financially independent ALL learned the big idea and TOOK ACTION to have money working for them instead of against them.

** The broke (and probably most of the dead) are/were SLAVES to money. They were always working for money, never having enough, running on the treadmill of life, stressed out with damaged relationships, poor health, were unable to afford better health care. All this grief because they CHOSE to keep paying interest instead of choosing the big idea.

STOP! Don't be a slave to debt any longer. Change your life today!

Do it now, before you wind up "eating cat food on crackers", dead broke, or worse.

Why continue to throw so much money away in interest payments???

Liberate yourself from financial slavery to credit card companies and mortgage lenders. Commit to the "Big Idea": STOP paying interest and START earning interest, ASAP!

Which Will You Choose:

  • Poor or wealthy?
  • Slavery or freedom?
  • Paying interest or earning interest?
Will you choose the Poor Formula or the Wealth Formula?

Will you embrace the Big Idea?

Let's choose the wealthy formula with every dollar we receive and every dollar we spend.