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Only Bankers Should Be Comfortable With Your Debt

ignore the jonesesThey say that the only people to get rich from gambling are casino owners. The same applies to debt! With consumer debt in the US at around $11.85 trillion, you can see that the only people who really benefit from your debt are the financiers and banks who caused the Credit Crunch and wrecked the economy in 2007. This isn’t far short of the £12.6 trillion debt mountain that US citizens had when the economy went into a nosedive in 2007, and the only people to really suffer from that was those at the bottom, receiving the credit.

What better service to the community could you do than go debt free and deprive bankers of more money?

While you get into debt to meet short term needs, bankers profit from it. They say that money makes the world go round, but isn’t it better to have a pot of savings to dip into than help buy someone who already has too much money a new sports car?

Money – the root of all evil

There are many stories about of how people used credit cards, that cost anything up to 30% APY to get short term fixes, and ended up working all of God’s hours to pay it off. Do you really need that bottle of craft tequila? Do you really need that top of the range iPhone? When you have to get a second or a third job to pay for the interest on those purchases, you really don’t have the time to enjoy that life borrowed from a banker who has the currency and lifestyle you aspire to – by making them even richer!

Enjoy what you have – live life more slowly…

Life in the fast lane can be very stressful. A 2014 paper by the US Center for Disease Control suggested that “Health care expenditures are nearly 50% greater for workers who report high levels of stress.” You have to pedal hard just to stay still when you have an unmanageable debt burden, yet once you’ve cleared it? You can pause. Life in the slow lane can be so much more rewarding than in top gear charging along. By getting out of debt so your health improves, and your mood and mental health gets better. Most importantly, you aren’t a slave to some rich banker who thinks stress is having to choose between his Daimler and Ferrari to go to a party…

What will you do with yourself without three jobs?!

Once you have taken measures to get out of debt and got back in the slow lane, what would you do with your time?

You can enjoy more time with your friends or lover. You can engage in healthy activities such as sport and community work. After saving up, you visit that place you have read about in the media for many years yet never been able to go there. Where once you were a slave to the plastic and student loan, you’re now a genuinely free person – the choice is yours…

Get Out of Debt


My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.


  1. I like the “fast lane” analogy Derek. That’s certainly where I’ve been living for the last few years. I took a job *solely* on the fact that it paid far more than the alternative offer I had – which I would have personally preferred much more.

    However after several years of working HARD to get my debt under control I’m now debt free, have changed to a lower stress job (amazingly, without taking a pay cut) and we are about to move into a much nicer property.

    All thanks to going HARD when it comes to debt repayment. Life the other side is just so much better 🙂

    • Sometimes it’s best to just work your butt off for a couple of years to get financially stable, and then you can take a job that you thoroughly enjoy for the rest of your life, without any worry of money! That’s the route I have gone and I absolutely love it.

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