September 22, 2022

Debt is slavery


If you listen to the news media, the "information" being presented is alarming. The United States seems to be headed into a recession and our political "leaders" can't seem to do anything about it. I don't find that surprising. Country folk have always known you can't depend on the government. 

The Covid-19 pandemic that began in 2020 is a very good example of what can go wrong. So much of what happened was a man-created crisis. Logic and common sense went out the window. The news media focused on what was happening in major cities. It was very, very different in rural America. It's probably not good to admit, but we cruised through the worst of it with hardly a hitch. We did wear masks when we needed to shop, but that was our major concession to the madness. What we're facing now is also a man-made crisis brought about by an inept government. 

September is National Preparedness Month. Seriously. Our government even has a website dedicated to it: https://www.ready.gov/september. They present a lot of ideas, but none of them are new to me, and I don't see mention of what I think is one vital thing we all must do.

We must get out of debt. 

Debt is slavery. If you have debt, you are not free. If you have debt, you're working for the credit card company, the bank, big box stores, the auto industry, the colleges, and the list goes on. 

We must get out of debt.

If you carry a lot of debt, inflation is killing you. You can't absorb higher food and energy prices. If you have NO debt, you have the additional funds needed to weather the storm. You won't like it - I certainly don't like it - but it's doable. 

Get out of debt. Is it easy? No, but you dug the hole a little at a time and you have to climb out the same way. You think the government should bail you out? Don't be stupid. That will raise taxes for the rest of your yet-unborn grandchildren's lives. Everyone suffers when taxes go up, but those of us with no debt suffer a lot less. 

Think about what your debt is doing to you, and think about how you got to where you are. Think about what you want to teach your children. 

Debt is the modern-day slavery and it is colorblind. 

The Lady of Holly Tree Manor (The Hideaway)

No comments: