Albert Einstein is credited with the saying, “The significant problems we face today cannot be solved at the same level of thinking at which we created them.”
This thought really makes me think about my personal financial situation on a regular basis. Am I really building wealth for myself and my family? Or, am I doing it for someone else’s family by not understanding the impact of unmanageable debt in my life. I also have to ask myself, “Am I doing all that I can to help those around me to be free of unmanageable debt?”
Einstein is also credited with saying, “Compound interest is the eighth wonder of the world. Those who understand it, earn it. Those who don’t, pay it.”
What do you think about debt?
I hate debt. That’s why I love our financial power tool.
Good blog.