Now let me spend some time sharing with you the three ways to purchase (Big Ticket Items). You will purchase an item as: One who always goes into debt: You Have No Savings / You Earn No Interest / You Pay Interest One who saves and then pays cash: You Save / You Earn Some Interest / You Always Pay Cash One who uses other people's money while his/her money grows and accumulates. The Debtor and the person who always pays with cash end up back in the same position, back to the zero line. They have a hard time accumulating wealth due to their misunderstanding of how collateralization truly works. Spend time studying the following chart and understand the difference of being a wealth creator and growing your money Tax-Free while building up your cash reserves. THE CHOICE IS YOURS! This is Really Important!!!
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