From Debt to Cash, the easiest way...

Every now and then I feel compelled to review why CASH is King and Debt is pain!

When you have no debt you have freedom to be generous. I remember when the bills were so big I couldn’t be generous. I couldn’t give a dime because all of my dimes went to credit card bills.

Debt free living is a way of life. Debt free living is all about a different attitude. Spending cash only and avoiding debt is a different way of thinking. Sometimes I use the 80/20 rule to describe cash verse debt.

The 80% crowd is average. Most Americans are in the 80% category. The 80% folks do what everyone else does. Most Americans are in hoc up to their eardrums!

The 20% crowd, on the other hand, does the opposite. The 20% crowd does not go into debt. The 20% crowd lives on CASH. To the 20% crowd CASH is King and the only way to go.

The easiest way to live a free and generous life is to live a CASH life.

How do you transition from the 80% crowd to the 20% cash is king crowd?

Stop digging the hole. Quit borrowing money today. Once you’ve stopped borrowing start paying down your debt one credit card at a time (take the lowest balance pay off first than second to lowest, than third to lowest and on and on until they’re all paid off).

From debt to cash is easy. Modify your attitude. Adjust your mindset to cash. And become the 20% minority. It’s easy.

David…