Wednesday, May 30, 2018

Financial Slavery is a Choice

"Wars in old times were made to get slaves. The modern implement of imposing slavery is debt."
-Ezra Pound

In a free market, slavery is a choice. Some people are unknowingly, or encouraged, to surrender their freedoms in exchange for something now.

“It’s hard to build assets when you yourself are someone else’s asset.”
-Beyond Financial Fitness

Debt is the new shackle that binds people to their work. Lenders prey on the unfortunate, or the financially undisciplined, by promising low interests. By giving the item now and paying later. By “Financing dreams” (actual Bank ad). By telling them “you are richer than you think” (another Bank ad… I mean, how can a bank, who sees first hand how in debt people are, say something like this?)

"The Solution to money challenges and a wrong view of money begins by learning about money. There is probably no way to skip this step and still obtain the results you want. Learning about money and finances is essential."
-The 5s of Money

This system works because we allow it to. It’s so ingrained in our society that our entire economy is dependent on it. This has to stop. We have to retake control over our finances. We need a budget and be disciplined enough to follow through. The below books helped me on my journey and I have no doubt they will help you in yours.

This video, by Youtuber "Primed", does a good job at explaining the differences between the activities of the Rich vs Poor.

No comments:

Post a Comment

Back to Top