#SucceedingWithoutBleedingSeries #WorkplaceSurvival #BorrowingDecisions
#PRINCIPLE 3: Avoid Long-Term Debt
Think about it how truly wise is it to get into long-term debt? If you stay in debt long enough there is the high chance of being wiped out. You see, lenders will always win with long-term debt.
With TIMELESS PRINCIPLES of Deuteronomy 15:1 History banks gives a guideline of debt tenor
“At the end of every seventh year, cancel all debts”
Those credit cards, those impulsive purchases… Proverbs 22:7 Advisory explains the price:
“The poor are always ruled over by the rich,
so don’t borrow and put yourself under their power”
ALWAYS REMEMBER: Whatever, benefits a person short-term can become their worst nightmare on the long-term.
How Do We Pay what We Owe? I’d see you next week BHG!
People | Insurance | Sustainable Value
#SucceedingWithoutBleedingSeries #Business-WorkPlaceSurvival #TBD
Have a Truly Rewarding 2015 and an Anxious Free Weekend. Good morning!