Financial Wealth - KEY #2 of your "master key"

If you missed them, be sure to read the introduction and KEY #1 entries in this series before continuing below.

Today we look at second key that makes up our “master key” to real financial wealth. This key is not as difficult as the first one but it will be challenging nonetheless. Don’t let that stop you from taking advantage of it though because without it, your “master key” will not work.

KEY #2 – Don’t borrow

No matter how bad you want it, don’t borrow. There are VERY few exceptions to this rule, if any, but “payday” loans, 90 days same as cash, rent-to-own, auto loans, store credit and consumer credit cards are NOT included. You must avoid these and other forms of borrowing AT ALL COSTS.

If you borrow, you are borrowing against your ability to create wealth, period. Look at this way, for every dollar you borrow, you’re giving two dollars of your dream to someone else, usually the credit card company.

You can either give your dream of creating wealth to others or you can take it for yourself. The choice is ultimately yours. Choose to take it!