Destructive Debt Charm

INDUSTRY.co.id - Jakarta - I do not know where they got my mobile number also definitely your personal contact numbers. With enthusiasm they contacted, it's been rejected, still the next day call again, again and again until finally, you give up.

You know who they are: credit card agents.

Debt is fascinating. Full of lure of convenience and myriad of benefits. We are too lulled.

Finally, owe becomes a pattern. Then become a habit. Then the lifestyle. You have not become a cool person if your wallet has not stumbled on the rows of debt cards.

So if any have cash money, it will be more elite when swipe plastic card. One try still mixed up. Second, third, and so on hooked, until suddenly the bills swell.

Debt has accumulated. While the ability to pay debts declined. Furthermore, your phone becomes often ringing. The debt collector's voice is not as sweet as it used to be when sales offer debt.

The next episode, owned assets went on sale to pay off debts. If it does not exist, create a new debt to cover the old debt.

That is my experience. Not your experience, and do not overwrite you of course.

My new awareness emerged: the debt was wrong. Yeah, it's wrong.

Because, the debt is paid while the income is uncertain.

It may be that you are currently the head of the company. But it could be a month later, shareholders shift you. That's where early uncertain your income starts.

Indeed there is a teaching, not all debt is bad if for productive things. Nevertheless, he still cannot escape from the law of stone "pay for sure while productivity is uncertain or up and down".

The above experience is just a small case example. On a further scale, the vortex of debt can be disastrous. The enchantment of debt is proven to have succeeded in destroying the economic building of families, companies (small and giant), even the country.

These days are milling about in Medos news, writings, and comments about Indonesia's state debt which has skyrocketed. Let it be. It's the President's business and his aides think.

I remembered the book 'Debt Merchants', a translation from The Merchant of Debts. 1994 published by Bisnis Indonesia. A story of corporate business groups in the US that was devastated by debt practices.

After the monetary crisis of 1998, many conglomerates and companies collapsed because of debt. The dollar debt is definitely to be paid, while the income in rupiah is uncertain due to the high exchange rate so as to pay.

They are interesting to learn. Not only that. More important is how to find the cure.

The remedy how to manage the household economy without debt. Medication on how to increase family income without getting out of money without debt. The remedy of how to do business without money without debt actually makes unlimited money.

Of course also, there must be a medicine for APBN does not fall because of swollen foreign debt.

Is there such a drug? There must be.

"Ah it does not make sense!"

Perhaps his mind had not yet entered. Because, our minds are poisoned by the charm of debt. (*)