Im going to tell you exactly why wealthy people dont take out consumer loans. Wealthy people treat their money as if they will have no income next year. Broke people treat their money as if next year their income will double, then they take out car loans, student loans, personal loans and use credit cards to prove it. Then guess what? Surprise surprise…you lost your job. You had a baby! Your mom got sick. Your dick fell off. The problem is most of us dont realize weve been stuck in this cycle of emergency borrowing as trained debt slaves. Its easy to keep taking out loans and waiting for mythical white jesus or some government support system to come bail you out. Its hard to change your mentality for wealth. The vast majority of this country believes in owing but 76% of Americans live check to check. Only 20% owe no money to no one. Be careful who you want to emulate. You have to remember - Im a wealth coach. My name doesnt have , Poverty Coach listed at the end of it on any of my websites. I dont care how high within the spectrum of struggling youd like to sit at. This is not 50 shades of broke. When you stop using credit scores and learn the difference between raising them and aiming to maintain a clean credit report with no entries whatsoever, you can then obtain any employment, obtain any housing situation you need, and buy whatever you desire in life. And only after that is when you can be educated on having your money work to buy the things you want, instead of you always having to. Thats when you become wealthy. Not when your income changes, but when your mentality on the income you already HAVE changes. But clearly I believe in you more than you believe in yourself. And Im perfectly ok with that.
Posted on: Wed, 08 Oct 2014 22:31:12 +0000
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