How To Get Out Of Debt Like A Capitalist

In Mindset, Personal Finance by Cash Foo

There are a lot of accounts on Instagram
that talk about the big money and the financial
freedom that you can achieve in this amazing time we live in.

There are more millionaires
living today than there have ever been.

People are seeing success
in business and you can too!

But you need to first start with
and understanding what debt is….

The Dave Ramsey’s of the world
would have you believe all debt = bad.

The Robert Kiyosakis of
the world know better… .

There is BAD debt,
There is GOOD debt

The real way to become debt
free is to know how to use GOOD debt.

Ironically you can get out of
the BAD debt by using GOOD debt.

To illustrate this let me ask you this question:

If you had a money machine that
turned $1 into $5 how many times
would you put that $1 into that machine?

You wouldn’t stop would you? I hope not!

The saying “money doesn’t
grow on trees” is BS.

It does. That’s in fact
how money works.

Money grows itself when it’s
put to good work in a money machine.

This is how good businesses work.

They invest a $1 into something
that creates more value and
brings $5 back into their pocket.

#Capitalism baby!

BUT WHAT IF YOU DON’T HAVE THAT $1??

Borrow it and get it into GOOD debt.

You borrow $1, make $5, pay
off the $1 and still have $4.

(I’m good at the math)

To sum up:

If you have consumer debt
you’re in BAD debt….

If you have producer debt you’re making
money and can pay off the BAD debt faster
than the methods the Dave Ramsey’s teach you…

LET’S GO!!!


If you're seeing this in the feed click "more" to learn about financial freedom and how to finally get there. . . Let's be honest. . There are a lot of accounts right here on IG that talk about the big money and the financial freedom that you can achieve in this amazing time we live in. . . There are more millionaires living today than there have ever been. . . People are seeing success in business and you can too. . . But you need to first start with understandand what debt is…. . . The Dave Ramsey's of the world would have you believe all debt = bad. . . The Robert Kiyosakis of the world know better… . . There is BAD debt, There is GOOD debt . The real way to become debt free is to know how to use GOOD debt….. . . Ironically you can get out of the BAD debt by using GOOD debt. . . To illustrate this let me ask you this question: . . If you had a money machine that turned $1 into $5 how many times would you put that $1 into that machine? . . You wouldn't stop would you? I hope not! . . The saying "money doesn't grow on trees" is BS. . . It does. That's in fact how money works…. . . Money grows itself when it's put to good work in a money machine. . . This is how good businesses work. . . They invest a $1 into something that creates more value and brings $5 back into their pocket. . . #Capitalism baby! . BUT WHAT IF YOU DON'T HAVE THAT $1?? . . Borrow it and get it into GOOD debt. . . You borrow $1, make $5, pay off the $1 and still have $4. . . (I'm good at the math) . . To sum up: . . If you have #consumer debt you're in BAD debt…. . If you have #producer debt you're making money and can pay off the BAD debt faster than the methods the Dave Ramsey's teach you… . . LET'S GO!!! . . . FOLLOW @cashfoo for daily #inspiration and #guidance in business, finance, and coooool. . . . . #entrepreneurship #onlinebusiness #motivational #succeed #mindset #hustle #grind #moneymaker #success #determination #businessowner #inspiration #quotes #lifestyle #millionaire #positive #life #confidence #affiliatemarketing #wealthy #wealthcreation #workhardplayhard #money #ambition #wealth @therealkiyosaki

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