Скачать или смотреть Debt always brings risk into your financial life

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Is there good debt? Bad debt? Everyone has an opinion. Though, we can ALL agree that there is some level of risk when someone borrows money!

Debt means you borrowed money from somewhere and that is usually the bank. By doing this you are agreeing to pay back the loan with some sort of interest. This interest rate could be 0% and it could be as high as 21% (think credit cards). The pay back is usually in monthly amounts and the lender expects you to pay this back every single month.

That is where the risk comes in! If you don't pay, then bad things can happen. Late charges, evictions, repositions, bad credit, and if left long enough bankruptcy.

Reasons you don't pay one month: you lose a job, your basic needs increase due to inflation, injury to yourself, death in the family, or the government decides to shut down the economy because of a health scare. All valid reasons and they become a priority over the monthly payments you borrowed for.

Debt is a risk!

When you don't have debt with monthly payments, then when those reasons above happen you can focus on that thing and not worry about creditors or banks calling.

Being debt free with money in the bank changes a crisis into an inconvenience.

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Our goal at Ideal Life & Money Academy (ILMA) is to help you:
↪ gain confidence and certainty when it comes to handling your money wisely
↪ be part of our Active Community, filled with like-minded people who want to see you win
↪ define your Ideal Life
↪ become debt free (permanently)
↪ save more of your paycheck
↪ invest for your family's future
↪ find or create your ideal work

Some people will reach Financial Freedom without help, but it takes a lot of work and usually a long time - but if you could get there years or even decades faster without having to go through all of the pain of learning on your own, would you do it?

We believe everyone can live their Ideal Life and reach Financial Freedom, but we have been conditioned to think we can't create the life of our dreams. The Ideal Life & Money Academy is here to change that.
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