Thursday, December 27, 2007

So what type of Debt do you plan to be in?




So you may be in Debt... a lot, so how does that make you feel? Now really... who are you kidding? Well don't let the media get you down... even though you believe they have the potential to make you happy, she or he can be a manipulative little fiend. However, that is only if you choose to let it. In todays technology we have sustainable remote control televisions to disable the messages that are likely to harm us. In the earlier part of our technological revolutions, people resorted to Bricks and other heavy objects to show their displeasure for the content that appeared on TV. Many early owners hurled 1-2 pound objects at their televisions, in order to permanently disable them. Some may think that is not a sustainable practice, however if you look at the upside by not having a television, there are possibilities. Others actually choose to get of their couches and turn the appropriate dial to the "off" position. From time to time the TV Mind readers would catch us and say... don't touch that dial!

Well the point is... the medium may unintentionally influence the message. However content is King, but it is always good to know what type of Queen... that King has to please. Its good to be aware, lets say you may now have the opportunity for knowledge.

So back to the question, what type of debt are you in and what was really your intention. Forget what the banks and lenders think for a moment. We need a holistic approach to this Debt thing. Have we decided what type of debt we are in. Well Financial seems like it is the most fashionable and easiest for the moment, we get the bills all the time. But what about other forms of debt do you plan to get into, just like financial debt, all the other forms can be healthy and dangerous to your health.

According to the book "How to Get Into Debt" which is part of the Self Hurt Series

There are many forms of debt, Moral, Interpersonal, Intellectual and Even Oxygen. Its just a matter of living within your means. The question is what value do you put on the assets acquired through the various debt instruments. And what was your true intention in the first place, because regardless of what your intention is, your true legacy will be defined by what others perceive, once your gone you no longer have any control over that.

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