Businesses often fail because of lack of cash, they simply can’t out earn the payments on their debt. One of the top causes of divorce is money, again I feel that mismanagement of debt is the major cause of this. The payments add up: mortgage, car, cell phones and credit cards, and that doesn’t account for student loans or even just living expenses like food or utilities. Eliminate your debt and start paying cash, the only loan you should have is a mortgage. The link I am providing is to Dave Ramsey’s page, if you need help with this message me. Make a change to take control of your finances and future.
#money #personalfinance #debtfree
https://www.daveramsey.com/blog/7-characteristics-of-debt-free-people