Friday, December 29, 2006

I'm too old to get out of debt...NOT!

I hear so many people lamenting about their age with regards to their ability to get out of debt and build wealth for themselves, but unless you are 100 years old, it's not too late to start!

Because stories abound about how people created fortunes for themselves well into their "retirement" years that you have to wonder why in the world anyone would want to retire. Nevertheless, they serve as a testimony to the enduring truth that it is never too late to start making a significant change to your financial wellbeing.

Consider the story of Harland David. He got started when he was 62 years old. With a big idea and simple little recipe, "Colonel" Sanders started Kentucky Fried Chicken.

Now if this guy can start a multi-million dollar franchise in his 60's, I'm betting that anyone could at least get out of debt in their 60's.

The bottom line is this: never give up. Don't chalk up quiting just because of your age. If you are retired and not working, now is the best time ever to begin a debt reduction effort and get your energies focused squarely on this elusive target.

Don't let another day go by. Start today and leave a legacy that will be long lasting for many generations to come!

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