Debt Myths

Dave Ramsey:

If you tell a lie often enough, loud enough, and long enough, the myth will become accepted as a fact. Repetition, volume and longevity will twist and turn a myth into a commonly accepted way of doing things. 

Debt is so ingrained into our culture that most Americans can’t even imagine a car without a payment, a house without a mortgage, or a student without a loan. Debt is sold with such repetition that most people cannot comprehend a life without payments. 

We’ve bought into the myth that we can get rich quick. But it will never happen. Living a financially healthy lifestyle is a slow-cooker concept that isn’t always popular in our microwave society. Stop trying to keep up with the Joneses and realize that financial peace will come—but you have to be patient.

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