Yes... I must quote the Average_Joe now who says... "cash is king" ..lol
People need to have cash!!
Save up your cash!
General Discussion - The Wealthy Barber - Canada
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- montyloree
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RE: The Wealthy Barber
by montyloree » Tue May 31, 2011 10:12:50 AM
Amen to that whole article... Nicely said
people get addicted to credit, and it's the job of the banker to give it to them... people get deeper and deeper in debt because they either use the line of credit as an income source pay off other credit cards etc...
however, people still dig themselves in deeper and deeper.
The other thing that Chilton is promoting to is to SAVE MONEY... Put money in the bank.. pay down debt and save money!!
That's kind of what I'm trying to tell people.
people get addicted to credit, and it's the job of the banker to give it to them... people get deeper and deeper in debt because they either use the line of credit as an income source pay off other credit cards etc...
however, people still dig themselves in deeper and deeper.
“Our financial institutions, when I was young, were credit providers. Now they’re credit pushers, and they are very aggressively hoisting as much debt onto the Canadian public as they possibly can. The public is taking it in, and it is not a good situation.”
The other thing that Chilton is promoting to is to SAVE MONEY... Put money in the bank.. pay down debt and save money!!
That's kind of what I'm trying to tell people.
- montyloree
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- average_joe
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