[PUREBAY2200]

Originally Posted by 2ndamendment

W I will not engage in what would be a lopp sided discussion regarding your financial situation. Based on some of your other musings a sound fundamental discussion maybe impossible.

Below are some thoughts to ponder along with a few biblical quotes.

Myth: Debt is a tool and should be used to help create prosperity.

Truth: Debt isn't used by wealthy people nearly as much as we are led to believe.

Debt brings on enough risk to offset any advantage that could be gained through leverage of debt. Given time—a lifetime—risk will destroy the perceived returns purported by the myth-sayers.

Sure, buying things on credit at 0% sounds like a good deal, but what happens if someone loses a job or gets sick and can't work? 0% credit usually doesn't stay at 0% forever. If you miss a payment, wait until you see the fees that they will charge you. You're better off paying for it out of pocket so that you don't have the stress of making a payment each month. It's called peace of mind.


You see, seven out of 10 families in America are living from paycheck to paycheck. That means that if they missed one paycheck, bills would literally go unpaid. They may look like they’ve got it all together, but realistically—and statistically—it’s just not the case.

They were building a house of cards that wouldn’t even stand up to a light breeze, let alone a rainy day!


Proverbs 22:7, "The rich rule over the poor, and the borrower is slave of the lender"

Proverbs 22:26–27
Do not be one who shakes hands in pledge or puts up security for debts; if you lack the means to pay, your very bed will be snatched from under you.

a person living paycheck to paycheck with no saving has no business buyin a luxury / pleasure item such as a boat..... and the banks who lend to these people are the real issue!!!