Some call themselves “financial experts” and encourage people to take their credit cards out of their wallets and tear them up. And while that may be a decent strategy for someone who is financially reckless, it is not good advice for someone who wants to accumulate money and become financially independent in the future.
Cutting up your credit cards and throwing them away won’t make you rich; What will make you rich is knowing how to leverage and manage debt.
Rich Dad’s Guide to Getting Rich by Robert T. Kiyosaki [Download pdf Below]
A person with a solid background in financial matters will know that there are two categories of debt: positive and negative. A person with a solid understanding of debt will know how to get rich faster using excellent debt.
And when we take charge of our finances and educate ourselves on how to effectively manage negative debt, recognizing it for what it is and being aware of the damage it can cause if used irresponsibly, we put ourselves on the path to achieving financial independence. .
Discover how to make your money work hard for you instead of having to spend your entire life working hard to make money. A crucial first step is to understand debt, as well as how to use and take advantage of it.