The only truly worthy book on finance is the Holy Bible. Verses related to money and possessions are the second most talked about topics in the Bible – even more than Salvation itself.
You will sooner find a needle in a haystack than any positive verses on debt. If the author of the best written and most read book ever thinks debt is not a great idea, neither should we.
By invoking this belief in my work, along with a “less is more” mindset, I can tell you only a minority of prospective clients want to hear this. I lose more than I gain; but since they martyred the first 11 out of 12 who followed the author of the Bible, why should I think sharing his thoughts in my work will win any popularity contests?
I am a big believer in reducing and eliminating debt in almost all instances. I know my industry prides itself on getting people leveraged up. But because my “Chief Investment Strategist” said:
“The rich lords it over the poor, the borrower is the lender’s slave.” Proverbs 22:7
I’ll go with his teachings, thank you!
The new tax law makes reducing and eliminating debt even more prudent, IMHO. Please read here.