Get In Debt Now!
So I was booking a trip on Expedia, and I saw something strange, I could pay for the whole vacation outright. The flight and hotel or I could pay monthly payments of 125 a month.... for who knows how long.
Why pay outright when you could easily do payments?
These days debt is in style, and style is important. You need to live up to the standards of everyone else. By getting in debt not only can you have more of what you want RIGHt now, but you can show the status you've always dreamed of. You'll look richer than you are.
Buy What You Can't Afford
When I bought my computer, they tried to hook me up with financing, when I booked my trip again, financing.
When you want things, You should always buy them with financing. It's the stylish way of obtaining what you want. This is advice I could use, I worked my butt off saving for my computer, the trip and now possibly a car. I could of made my life easier by doing financing, I mean everyone loves those extra fees they pile on. Paying interest is one of my most favorite things. It's like flushing money down the toilet. It's pointless but still so much fun.
When you get what you can't afford, you don't have to look like some loser that had to save their money. Instead, you can have what you want effortlessly. This will make more people want to hang around you and be your friend. Because you aren't afraid to spend lots of money.
Only Have One Bank Account
When you only have one bank account, you are less likely to save your money. Because everytime you login to your banking website they will tell you exactly how much money you have.
Some people make separate accounts for savings, And some people even go to a different bank. This allows them to "hide" some of their money from themselves. Which is a stupid idea! You should always SPEND ALL OF YOUR MONEY! When you spend it all, you have nice things. There's no point in saving money when you can just take out loans. And be in debt. So always keep all of your money in one account!
Conclusion
If you don't have ten credit cards and tons of loans and monthly payments you are failing in life. That's the new way of living, lots of debt. And living paycheck to paycheck. Why delay happiness when you can have everything you want now.
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You almost forgot, you must also get yourself 2-3 interest only mortgages - don't worry, your house and cottage will both be worth more 5 years from now, and you can re-finance then.
Why stay in hotels, when you can have a house everywhere you go!?!?
OMG!!! What perfect tips! Seriously How did I not think of those !
don't forget variable interest rate because "rates are at historical lows".
Thank you so much!!! I bought 6 homes in the southern California area! I've never been happier, I have a wife that doesn't care about me, two kids that hate my guts, and a total of 70 years for all my mortgages! I LOVE YOU!!!!
I see you learned finances and budgeting from the U.S. government ;-p
LOL!
You are brilliant! That is so true!! Thats exactly how they spend our tax dollars.
I have been doing it wrong this whole time! I must start buying pointless expensive luxury goods (and a much bigger mortgage house to put them in) immediately! Thank you for enlightening me!
Youre welcome :) Maybe you should get a second mortgage too LOL
Capital idea!
This is what we are trying teach our kids. No one taught us. We learned the hard way. But we fixed our ways. Thank heavens!
Aww Good! I'm glad :) It's scary when you aren't taught. I can relate! Financial knowledge is so important!
Thanks for writing this. You are one of the first two people I followed on Steemit, and I really enjoy all of your posts!
Aww really? That makes me feel really good hehe :) I'm so glad you like my posts!
Yes, really! :) I really appreciate your writing style. It makes me feel like I can hear your voice through your writing - if that makes sense. LOL
WOW! Yes It makes sense. That is A HUGE compliment thank you! I was always told that you should aim for that kind of thing!
You are so welcome!! I only say things I mean. :) In fact, I've been on the platform here for under a month and I've been so scared to post anything myself, but having you reply and be so gracious and kind encouraged me to go ahead and make the plunge into my very first post a few moments ago. So really, I should be thanking you as well. :)
Excellent post. Only use debt to buy assets
The joys of living in a debt based economy! Car loans are looking like the next subprime issue to blow up. They have been massively oversold. The debt to GDP ratio is at a high in many developed nations. It cant end well!
Not good advice for the long run. Material goods provide only fleeting happiness. Debt provides long term misery. God provides real happiness...not material goods. If everyone is jumping out of windows should you jump too because it is stylish. Debts equal slavery!
I agree! <3 this post was a satire one.
Heheh yes! Jump out the window! JK
I love that you used that as an example. And I agree with debt equaling slavery!
I'm pretty sure that this post is meant as a joke although there are many who profit from people being in debt.
LOL! True :) Myself included cough..
I actually invest in crowdfund lending. So when People don't go through a bank to get their loans, Me as well as a bunch of investors provide those funds. I then make profit when that person pays interest.
The post is a joke! haha.
Hilarious, the bankster gives us truthfull advice lol..
Kaylin, this has become so popular it's done with seminars and expensive educational materials.
For instance, PayPal offers credit plans for small businesses to use when selling products, so if you are selling a $1,000 course on something. You can set it up at pay $99 now and then pay the rest off in X amount of time.
It's great for the business owner because they are getting the sale they would otherwise not have gotten because so many people will pay $99 and make payments then $1000 up front....even though the first option costs them more in the end.
Right? I like the option for financing. But sometimes I laugh when they offer it to me. Like how many monthly payments do I need? How are you supposed to remember to pay everyone?
I almost always pay all of it upfront. Unless they give me the 6 month interest free financing. Which I always pay before the 6 month ends and they have a chance to charge me... Suckers LOl.
I just think it's kinda crazy how many people don't think long term.
People think in "payments" not in "cost" - at least the majority do. Btw, I redesigned the scaredycat logo and book cover (with some pro help) would love to know your thoughts! The images are in my last post.