Posts Tagged ‘desires’

“The key to saving isn’t about raising your income.  It’s not about saving a penny here and a penny there.  It’s about understanding yourself better and shaking all the frivolous desires from your mind.” –David Eifrig

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“Debt is simply a way for you to own and control more than you can currently afford from your savings.  When you take on debt, you are agreeing to use future earnings to pay for something you want now.  In general, if it’s something consumed – like a car, clothes, or airplane tickets – all you’re doing is stealing from your future to satisfy your present desires or needs.  Eventually, it will not work.” -David Eifrig

Debt Bondage

Posted: March 22, 2014 in Debt
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“…debt must be serviced and retired from future earnings. This reduces the amount of capital available for current wants and needs. Thus the future is placed in debt bondage to satisfy the desires of the here and now.” -Bill Bonner