The Tai Lopez Show

I am not really religious but it's the holiday season. So I decided for today's Book Of The Day I would read the Bible, specifically the Book of Proverbs. The wise man says in Proverbs 22:7, "...the borrower is the slave of the lender." How true this is.  Throughout history, the lender has always been the master over the borrower. The average person in the USA is $225,238 in debt. They owe $15,263 on their credit cards (at interest of around 14.95%), $147,591 on their house, $31,646 on student loans, and owe a staggering $30,738 on their car.  You might be in debt too. If you are in debt you have two choices. You can be like most people and blame capitalism or 'corporations.' Or you can follow the old saying, "If you can't beat them, join them." So become a lender. Start lending money yourself. Start small. Lending money will accomplish one main thing: make you sophisticated with money. Nothing will make you more financially savvy then lending out a little money and losing it, then learning from your mistakes