Credit is a dominating entity that goes unnoticed. Without recognizing it’s full potential we abuse the very stepping stone that could secure not only our future but generations after us. Where the issue lies is we borrow money to pay back with no gain while the lender borrowers for gain. What if we were to use the line of credit to invest instead of for pleasure? What if we used a line of credit of $50,000 to double it into a $100,000 paying back the $50,000 before the interest hit. Now we profit $50,000 to invest. What is it that attracts us about credit? The ability to drive fancy vehicle, live in protected neighborhoods, being able to spend money that’s unavailable at the time, bragging rights, or is it based off social environment. What is credit to you?
Discussion
By posting you agree to the Terms and Privacy Policy.