Daily Archives: December 19, 2016


How Debt Can Make You Rich!

Debt seems to make the world go round these days. Everyone I know has some debt, whether it be mortgage debt, student loan debt or consumer debt which is the worst of them all. Whilst mortgage debt and student loan debt are necessary for most who want to get on the housing ladder or get a good education, there is no sound reason people should have consumer debt (credit card debt). You see, being in debt erodes wealth – it is the number one wealth killer. And the rich understand this and use this to get richer. In order for people to accumulate debt, someone has to provide the financing. […]