This is the stuff that I wish people would understand.
So many people like to complain about not having any money. In too many circumstances, though, they are making terrible decisions that lead to costing them more, a lot more. Loans and mortgages are commonplace these days, and everyone seems to be interested in getting things right away even if they have to pay more for it later. Personally, I consider debt bondage a tool that is used to turn free people into wage slaves on a never ending hamster wheel in the rat race where the main goal of your life is to make someone else rich, and hopefully leave behind another wage slave when you pass on to make their kids richer too.
Obviously people can make their own decisions and choose what they do, but these are my honest thoughts about some of the matter.
A STORY AND SOME THOUGHTS
Until next time…
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"Personally, I consider debt bondage a tool that is used to turn free people into wage slaves on a never ending hamster wheel"
And from the video "you are free to do it!" "doesn't mean it is a good idea"
The good, from your talk, if people will take the time to watch the video, is that THERE IS A BETTER WAY!!
Sure, 'you don't care, just live for today' is fine.... But sad thing is, it is You and Me that end up paying for these mistakes later. You and Me, all the non-for-profit supporters and volunteers and tax payers do end up paying for these people's mistakes.
People need to watch the video and really hear your words!
It is about planning, and caring, and working for a better tomorrow. Easy luxury is not good for us, it teaches bad habbits to our children, it is just a bad path to go down.
How many kids of million dollar lottery winners are better off 30 years later??? Next to none! Most are worse off. Same with the kids of "live for today" parents. No good life leason is learned.
Good on you @papa-pepper, I know you are teaching your kids better!!
Peace
Your thoughts made serious sense Papa.
A lot of people out there live their lives to impress and show off, and that is one of the many reasons they enter debt. They have no investment plan. It is annoying and some of us that have, we have to labour to get it the hard way sometimes.
A gjy was asked in a lecture, what he would do with 10million naira (Nigerian currency) and he mentioned buying a car, this and that. He didn't mention anything that can actually be a source of income. All he listed were things that would cost him and drain him of that fund.
Do away with things that doesn't matter. Life isn't about things, but about people. We focus more on our comforts than how we could be of help to another. Cutting off excesses does prolong even our lives as we would not get unnecessarily tensed when debtors come calling which can lead to depression. Well thought through post Papa. Always proud of you and glad that all you said you went through is a thing of the past with Jesus shinning His light on you. What a great heart you have to always want to give back and make people better. Well done sir.
Wow, thank you very much for all of that. It means a lot to me to read it. Thanks again!
Thank you so much Papa. Such a huge honour to have you say that. Thank you very much sir.
I think we have moved to an area that is even worse than the Sears Roebuck catalog filled with physical good you don't need. We are moving to world of recurring services, that at the end of the month can't be resold. Cell phone, internet, streaming audio, streaming videos, satellite radio, etc. You can make your budget explode with these services and not blink an eye.
I play poker with some friends, and all too often over the years someone will run out of cash, or need a friend to buy them in until payday. They complain about having no cash but all I see while they play is a $1000 cell phone on a $80 a month plan, and the breaks are filled with cigarettes and booze that lead to a late night call to the pizza joint with discussion over the newest show they are streaming.
Be very careful with a $5-10-15+ a month plan. Add up the plans and see how many thousands are gone at the end of the year.
Very, very good point! Thanks for adding that to the conversation!
A lot of people are slaves to the system my friend, they just choose not to open their eyes to see it for themselves.
Banks lend money they don't even have and just print more. the government and banks are in each other's pockets so the government bail them out causing more national debt.
We rent our house. if anything goes wrong with it they have to come and sort it out. boiler brakes £1200 to replace erm no, landlord has to sort it so there is pro's.
we also got to choose where we wanted to live were we could not afford to buy and the schools here are great.
anyway enough from me.
love your post @papa-pepper
@artonmysleeve
Thank you very much!
Amen @papa-pepper ! Just say no to death grips! There's wants and there's needs ,we have to distinguish between the two! Can,t wait until you share your home sale story. It was sooo amazing how God moved ! Love ya bro .
Love you too! I pray that you are blessed and well!
I share the same thought @papa-pepper
Most of us want instant gratification and that Causes even more trouble for us financially leaving us in a worse situation.
Nothing like buying what I can afford, if I have 50 dollars now and I need a couch, guess what, I’m going to a garage sale instead of Ren-a-center or Macy’s furniture store...
Happy week!
Amen to that! Buy what you can afford or do without. Thanks.
Wow! Now your talking my language! Prison ministry! I know it really isn’t you subject and I know from experience what it is like to be in debt. Even churches build beyond their means. Here loans at 35%! Crazy!
Our first house 10 ft by 12 feet. One room served as living room, dining, kitchen and bedroom. My wife, our 3 year old and I. Really we had all we needed and we were happy!
I saw churches in Bulgaria, build so far until they run out of money. Then wait until God gave them some more to build more. But when they got it finished, they owned it.
Back to prison ministry. When I lived in Virginia I used to do three services, three cell blocks. No guard accompanying me. These were hardened criminals, they would search me and send me in.
Even here in the Philippines we are involved in prison ministry. Last place we went had 192 inmates 7 cells. Not like the jails in the US! I am told since the last time the population has doubled because of drug raids. We also have a ministry to drug addicts. God is Good!
Back to the subject matter.
Faith in God
Family
Friends
Really a person is rich if they have these. God bless @papa-pepper
Loved this!
Yeah, we were just locked in a room with the inmates. The guards were on the other side of the locked doors. Glad to hear you've been "behind bars" too!
They say Christianity is dull! Not when you step out of the boat!
Don't rent...build
Nomadic Furniture
I got this book back in the early seventies...when I went to Crete (island in the mediteranian puddle...USAF)...we didn't have ANY furniture.
so I built it...(bed, chairs and stuff) when I got there.
easy peasy....didn't even need many tools..
did I say CHEAP?
yup..rilly rilly cheap. for what you'd pay in rent for one month..I betcha could build the same thing.
I like building quality furniture.... But hey, if the choice is buying crap fro X Dollars or building functional disposable furniture for X/4 Dollars..... Build it yourself.
Now I gotta find me a copy of this book!
Peace
I have a feeling that people who rent-to-own furniture might not have the skill sets in order to build furniture.
that's the BEAUTY of that book.
rilly, rilly simple designs..
if you can cut out a paper doll
you can build a couch, bed, easy chair, using that design.
done it...all I had was a handsaw...not even hammer or nails.
the pieces SLOT together...
and they don't have to be precise.
oh yeah.
I used to work at a 'rent to own' furniture store.
cheap junk...
trash actually..
the rent for a couple of months is worth more than the price of the piece.
Nice! Thanks man.
Again...you say simple designs, I say simple people.
well yeah.
but I was addressing my remark to Papa pepper.
Lol
Agree. Debt has been used for ages to create leverage over people with less resources. I really wish more people would understand the dangers of it. Sadly, college debt is one of the worst and you can't talk most high school kids out of it because they feel like losers if they do not have a 4 year degree.
Good post. I am enjoying getting to know you better.
I have been saying this too and a lot of people don't really have anything to say back a lot of times. I say that people these days don't own anything except the shirts on their backs. they don't even own their cell phones.
I liked the part about your vehicle. If it breaks down you will just buy another one and keep rollin' ! Nice! I have never made car payments and sometimes it does actually bother me when people act like i must be broke because I drive an older car. I just laugh. If they knew about my crypto they would maybe think differently. lol
LOL indeed. I've always thought that the man should make the car anyway. My truck is only "cool" because I'm in it. If I'm measured by my vehicle, then I've got issues! LOL
Even before I started working, I made up my mind that bank loan is a capital NO for me. I've learn to live with what I earn and I'm happy.
Good choice!
So true! Nice post. Thanks for sharing
"Personally, I consider debt bondage a tool that is used to turn free people into wage slaves on a never ending hamster wheel in the rat race where the main goal of your life is to make someone else rich, and hopefully leave behind another wage slave when you pass on to make their kids richer too."
It can be that, if you take the wrong sort of debt, or it can be a way to use other people's money as leverage to enrich yourself. Consider that Mark Zuckerberg has a home loan on one of his 1 million dollar houses, because he is a billionaire he gets like a 1% interest rate. In that case it makes a lot of sense for him to take that loan because then he can keep his million dollars invested in something that makes way more than 1%. Using credit wisely can give you tremendous leverage.
Anather great valuible post @papa-peppar thanks for shareing this video
reallly Excellant post sir @papa-pepper thanks for shareing this
upvoted & resteem
An interesting input for all of us ..
I do not agree if there is such a thing ..
Because it makes other people languish .. Should his life help each other and mengahargai .. Like @ papa-pepper
wow great post..
You barely had time to read it, and none at all to watch his video!
I still cant believe I got a blocktrdz upvote on the comments done above. That was super healthy and awesome. Too bad this peraon hasnt learned yet how to be more genuine.
Nice post
You barely had time to read it, and none at all to watch his video!
great post @papa-pepper.
upvote and resteem.
Why you lie?
You didnt resteem. Did you even upvote?
You barely had time to read it, and none at all to watch his video! Very sad.
strongly agree I want to add one more thing and that is simplicity , if we adopt it we can save ourselves also
Take time to watch the video. It is the real heart of the post.
Loans and Mortgage are a important element which has become very much common in a poor middle class family every two or three people take loans either for their child's education or any other reasons and the they do not free the loans gets more day by day.. hope this gets resolve very soon the loan and mortgage system i really don't like ...Thanks for posting a good blog..appreciated
Thank you!
maybe they really need, so they have to make debt, but it's not good we do foresth.
Yea truly mortgages and debts make a person slave. I like your thoughts
interesting post which drawn my attention much to it, sir I strongly support these post in all means.... what interest me most is that making someone else richer which you mention over there. thanks to you in many ways sir.
It seems that buying things on credit is a norm over there. i do not like buying things on credit. if i can not afford it do not bother to even look at it.In Nigeria, a lot of people are conscious of these things. maybe it is because the hard lessons gotten from this credit epidemic is used to make movies.
Thank you for this post.
Not everyone will do as you say, life is full of obstacles and challenges, we must have a principle to live this life is not complaining and enslaved, we must try as much as possible, thanks to share.
This is indeed vey serious,many people are the architect of their own problem,even when some people lend you money,the interest on it will be so devastating
I will keep on investing my time in steemit to yield better result... Thanks for the story
Interest and inspire article, i like it, thanks a lot, greeting friendship from me @abialfatih in aceh indonesia
"Debt bondage" Well said @papa-pepper. The RTO business is a drug pushed onto the lower class (along with other debt/credit) and usury laws have never addressed them properly. Thanks.
It is an epidemic, and too many never even realize what is going on.
really......
Very nice post, do not forget to stop by my blog @papa-pepper and please support for beginners, I hope you want to visit my blog and you want to help upvote me, thanks
Build up the charisma and the spirit of life if you do not want to be a slave to yourself.
God always gives directions when we are troubled by problems. Seek the clue if you want a miracle to happen to you.
Difficulty is not something to be lamented constantly. But the trouble is something that will make you more persistent and strong.
Anxiety is not yours but belongs to those who are desperate. So let go of all the negative thoughts that haunt and do your best. Rather than blame each other it is better to work together in finding solutions to solve a problem.
The real winner is he who never stops trying even after it has fallen over and over again.
It's never too late to start something new. As long as we still have determination and spirit, why not?
In every business there is always a path to success. So learn to keep trying to make it work.
i am very mangat same @ papa-pepper how to educate his son, and video @ papa-pepper pretty good for motivation to our hipunan, thanks @papa-pepper
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nuff said
Very nice my friend
Here, companies prey on the poor. They know that they will buy some essentials on time such as a fan. They end up paying over the course of time $400 for a $30 fan. And this is only one small example. Loan sharking runs rampant here too. Somehow they don't see they are putting themselves further into debt!
That is the truth. They see the poor as prey and they will use them for all that they are worth.