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The Egregiously Misunderstood Concept of Debt


Several so-called “financial gurus” treat DEBT as if it’s a gift from Satan – something that tempts you to do things you shouldn't do like the irresistible aroma of something wonderful cooking on the grill that lures you into going off your diet. But, this is as misguided and fallacious an idea as thinking that if you eat one cookie from the bag, you have to eat them all! Prudence, temperance, responsibility, and the proper understanding of debt will produce a much happier life for you than abstinence ever will. While debt is not a universal solvent, neither is it a highly-contagious plague that will destroy your life if you come anywhere near it.

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