Tuesday, March 11, 2008

Discover the fortune that lies hidden in your salary

In my kit, Debt Free Living, I talk about strategies and techniques to get you out of debt and into CASH. Cash is KING.

The more you study the kit the more you discover a fortune that’s hidden in your salary. We live in a sound-byte world. We want information in short snippets. We rely on the television to give us ten second blurbs to explain what’s going on in a complicated world.

It is the reality we live in.

To understand the fortune you have in your salary you need to understand the concept of living Debt Free. Living debt free is deeper than just paying off your credit card bills, auto loans, and home. Living debt free is taking the salary you make and turning it into a fortune.

You’ve heard me rant about how difficult it is to be GENEROUS when you owe so much money you can barely make your bills. The interest you pay your creditors is the money you could be using to be generous.

It’s difficult to explain how much extra money you get from your salary when you’re debt free. In order to really understand it you’ve got to get out the calculator. Add up the interest you’re paying per month now with all your debt. Add all your debt separate from the interest.

When you pay cash you’re paying what you have in your pocket. When you pay your credit cards you’re spending next month’s paycheck. You’re spending money you haven’t made yet. With debt you spend what you don’t have. With cash you’ve got the money and the interest you get from keeping the money in the bank or other financial institution.

The quicker you get to debt free living the quicker you get to the fortune that lies hidden within your salary.

David….

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