Business in debts

Business in  debts 

Have you ever wonder why checking your bank account was made available for free .  No charges were attached to it .  

it was because the banks needed your deposit , so they can lead for others . 

Banks can’t make money on their own  until you gave them your money . just in case you don’t know .

I just  shared with you secrets of our banking system . and I will as well show you  how you can effectively make use of the platform wisely and not only for saving or securing your money 

What do I mean by saying business in debt . just hang in there with me as I unveil how to fall and rise from business debts .

At this point . you have just to choices :  use bank debts to make yourself rich or use bank debts to make others rich .

it will be of wisdom if you chose to set yourself free off financial crisis by choosing to use bank debts in making riches for your business .

Great  wealth is founded on the use of debts . there are two kinds or types of debts . 

The good and bad debts 

if you borrow money and spend it on something that  rises In values.  that’s what I called the good debts 

it’s a good business debts .

However, if  you by any chance borrow money and spend it on something that goes down in values .or you spend in on materials things that will in no time yield profits . that’s a  very bad debts. 

Is either you use debts to increase your financial status or use it to destroy  your net value. it’s a left for you to choose from .

You must at any point avoid bad debts. Avoid using debts to pay debts .it will jeopardize your life and handcuff you even when better opportunities come your way. 

Learn how to leverage on the good side of debts.  its only on the account of good personal  experience or from expertise , that  you can become better at advantage of good debts . 

Here are some things you need to understand as per good side of good debts .

Avoid borrowing money to buy liability .

This is a very common practice in our present society.  Everybody wants to ride fancy cars. they want to show that  they also belong to some class of people . In the process, they invest all their resources on liability . 

Never again in any time use borrowed money to buy liability that will eventually becomes worthless. Do you know why ? 

Liability will always take out of your pocket and never refill. 

Liability is an entity like a Demon . always after taking something  from you . 

Using debts as good leverage can always be more profitable, if you use them to acquire assets. 

2. Business startup errors .

I personally have seen lots of business rise and fall . unfortunately for some people. they often  think that their business downfall was from a spiritual  attack .

don’t misquotes me. I do not say, there are no spiritual attack. but most of our business do crashed because we  have failed to apply wisdom at time due. 

Start small and grow big , not in the otherwise of starting big and  growing small .  

The set of people that enjoys the circle movement of money are those that understood financial do and don’t  

Have seen lot of startup business that proceed to rent big offices. employed lot of staff. bought cars , sometimes, from the initial capital investment or from bank loan .

ignorant has played his way across their game cards .

The bank will always make more money  from an ignorant person.

Now left for you to decide which side of the game card you want to play .

A good debtor or bad debtor?.