Debt-Free Lifestyle Makes More Sense Than Ever
The mess on Wall Street really confirms what we have been telling folks – the time to be DEBT-FREE is NOW!
While huge companies are falling to the way side, the firms with no debt and cash reserves are doing just fine. That is Exactly the position you need to be in as an individual. If you are Not paying the typical amounts to interest and taxes, you are going to be in a MUCH better position than most people are these days.
No doubt inflation has effected the family budget.
The Bush oil men started their plan of bringing on HUGE oil and gas prices several years ago. They apparently never stopped to think that if the common folks are paying 3 times what they are used to for gas, they might not be able to pay their mortgage bills, car notes, or credit card usury fees (which many families have been forced to run up to pay for their gas).
Now the financial backbone of the country is in crisis, and Wall Street is scratching their heads trying to figure out what went wrong.
Of course, now that Lehman, Merrill Lynch, Fannie & Freddie and many others in the financial sector have waved bye bye, folks are wondering where it all will end? Are we at the bottom?
My guess is that this HUGE economic mess is no where near finished. Who knows, it might even lead into the Great Tribulation mentioned in the bible. No matter what happens, we better all take steps to protect ourselves now, and not wait on Washington to fix it.
Statistics show that most folks who declare bankruptcy could have saved themselves with just a few hundred extra dollars per month. That is a very realistic goal for most home biz entrepreneurs. There are many ways to do that much and More online.
If you are in the business of helping folks created income streams at home and/or online, then you could likely be part of the solution. Our feeling is that it will be the entrepreneurs of the world that pull us out of this.
One thing is for sure, with their record, we can’t wait for Washington!
One thing is for sure, with their record, we can’t wait for Washington!
