Why cutting up your credit cards won't make you rich A
popular TV personality often says, "Take out your credit cards and
cut them into pieces." While that is sound advice for people who
are not financially responsible, it is inadequate advice for anyone
who wants to become rich or financially free. In other words, just
cutting up your credit cards will not make you rich. What does make
you rich is financial education...unfortunately a type of education
we do not receive in school. If a person has a solid financial
education, they would know that there are two kinds of debt...good
debt and bad debt. A person with a sound financial education would
know how to use good debt to make them richer faster...much faster
than a person who only saves money and has no debt. Rich Dad's
Guide to Becoming Rich * Are you in credit card debt? * Is job
security dead? * Is your financial security threatened? * Is a
high-paying job the answer? * Is your money working for you? * Do
you have good debt or bad debt? We all need more financial
education. We need to know how to have our money work hard for us
so we don't have to spend our lives working for money. That is why
we need more sophisticated financial education...not oversimplified
and childish financial tips such as cut up your credit cards or
save more money. If you are ready to increase your financial
education and enjoy your credit cards, then this book is for
you.