Many people believe that money is the root of all evil, but I believe that credit is the root of all evil. Credit causes us to become indebted to others and lose control over our businesses and even our lives.

Credit forces us to work harder to get out of debt, instead of creating more wealth. Credit causes the stress level to go up and our enthusiasm for what we do to go down.

Take a look at our country and what has happened to all of us because we have used way too much credit. The experts tell us that the way out is to use even more credit, but that is ridiculous and we all know it. You don't have to be a rocket scientist to figure that one out.

You can tell a person that is in debt, there not happy. A person that is debt free or near debt free is a positive happy person looking for even more opportunities.

The only way out of debt is to stop worrying about the debt you have and instead focus on how you can make more money to live the kind of life you want. You have to quit using credit, especially more credit to pay for other money you borrowed.

If you are an entrepreneur, always sell equity before borrowing money and don't sell equity if you can sell more profitable products and services.

At some point, we have to stop borrowing money. Sometimes we aren't able to borrow more money, and we don't realize what a blessing that is.

Instead of spending time trying to figure out how to buy things on credit, spend your time learning how to make more money. There are all kinds of resources available for people willing to take the time to learn how to make more money and have a better life, but you need to take the initiative and have the belief in yourself that you can do what you set out to do.