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Before the wealth building process can be effective, we must remove the one obstacle that can stop us dead in our tracks. What is that one obstacle holding us back, trapping us in a life with little or no hope of ever achieving financial independence? D E B T
Debt, left to run its natural course unchecked, will eat away at most of the wealth that we will produce in our lifetime. It must be eliminated as quickly as possible. Lingering debt is a wealth killer.
Debt is a form of bondage that lays claim to most of our future earnings and renders financial independence a goal forever out of our reach. Fortunately, we can reverse this trend. We can turn the tables on our creditors. We can become the wealth accumulators for a change, instead of being on the wrong end of the cash flow cycle.
Next Week: How to kill the debt dragon.
Until next time, Al Crisp, CPA
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