“Debt is not a tool; it is a method to make banks wealthy, not you. The borrower truly is slave to the lender.”
Dave Ramsey
I remember when my parents started to really get their finances in order. It became all about freedom to have control of their money, so that they could actually enjoy life rather than be concerned with affording life. Obviously budget is part of the battle, but the biggest factor that affects the majority of Americans is debt. From personal debt to national debt loans are a millstone that tie people into a financial form of slavery. As a country we may should not be in the business of lending or borrowing money. We should not encourage financial slavery and we should not be slaves to other countries or businesses.
Instead we the people have to be financial independent, financial stability comes for our countries is muti-faceted. I don’t pretend that financial security is easy. It requires dedication, sacrifice, and ingenuity. My intention is to deliver nothing short of a balanced budget that includes a national effort to pay off the national debt, not just pay down.
With no debt we as a country can do more, you as a family can do more, why? Because the value of a dollar goes up. When the value of a dollar goes up you can do more with less. A balanced budget allows us as a country to count our men before going to war, a balanced budget means attending to needs of the country and fat. The country becomes lean and muscular in its ability to function. When the important things are taken care then we have freedom to dream, and when we can start dreaming we can accomplish so much more when money is not our concern. A balanced budget, no debt, should eventually lead to lower taxes. Lower taxes means more money in your pocket.