Tag: debt
Debt is Your Birthright: How to Overcome It
You shouldn’t feel bad about being in debt; however, you shouldn’t be comfortable living in debt either. Debt is a very complex topic with a straightforward premise—debt is about control. I’m fresh off the book “Debt: The First 5,000 Years,” which changed how I view debt. There is nothing new under the sun, and our…
5 Takeaways from “Debt: The First 5,000 Years”
“Debt: The First 5,000 Years” by David Graeber is a generational must-read book for anyone serious about learning the truth about money. This book has changed my view on debt, relationships, money, monetary policy, wars, and capitalism. It is a massive book, clocking in at over 700 pages. However, it is worth the read. It…
Are You Drowning in Debt? Try Building a Relationship with Money
Our parents and teachers train us to be good employees. Unfortunately, this mindset leads to terrible interactions with money. The first step to getting out of debt is understanding the language of money and then learning how we should spend it. The root cause of debt. We live in a consumption-based, spend-first society. However, that…
Time is Money #1: Debt is a Function of the Past
Most of us don’t understand the devious nature of debt until it’s too late. We believe debt helps us get what we want—when we want. In reality, debt is sucking life from our souls. The more debt we have, the more we are tied to our jobs, lifestyles, and cities. Today, I want to get…
The Emotional Roller Coaster of Debt
I thought I had it all figured out ten years ago. I had 13 years in the Marine Corps under my belt, and I was looking towards the rank of Master Sergeant (E-8). I looked at the pay chart for E-9s over 20 years of service, and the money looked great. If I could reach…
Debt Free? So, What’s Next?
Becoming debt-free after years of struggling under the crushing weight of consumer debt was an amazing feeling. Many people will never understand the gravity of being debt-free. It is as if you are floating on a cloud of air. However, being debt-free is just the beginning of a long journey towards the land of a…
Over-Budgeting: You Can Only Cut So Much Before…
Nobody I know “likes” to budget; however, we all enjoy the freedom it brings. How can budgeting bring freedom? When you have extra cash flow at the end of the month, it gives you a sense of freedom that most will never have. As a heads up, I will have to make this a short…
Pay Off Debt or Start Investing?
What is the scariest movie that you have ever watched? Mine was the Grudge (2004). I ask this because I am about to ask you to do something that is even scarier than watching the movie you picked. And that is… to write down all your debt. Yikes. Before we get into the details, like…
