Our government is now so deep in debt, that taxpayers must spend a trillion dollars a year…

Just on the interest!

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Our politicians won’t address our ever-growing national debt.

Instead, they brag about how much they spend.

The few times they do mention our debt, they lie.

Biden: “We literally cut the federal debt in half!”

Give me a break!

Our debt is now growing by a trillion dollars every 100 days.

It’s crucial that we cut spending, or at least, slow its growth.

Here’s our video on what might happen if we don’t:

FOX Business anchor Taylor Riggs and economist Todd Buchholz discuss the increase in U.S. debt interest payments and the takeaways from the Fed’s meeting minutes on ‘Kudlow.’ #foxbusiness #kudlow

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This week, for the first time, American credit card debt surpassed $1 trillion. Getting into credit card debt at any time is not good, but this is a particularly bad time to rack up debt.

https://abc7ne.ws/3QDJ0R8

#credit #creditcard #debt #interest #finance #abc #abc7news

Capital Wealth Planning’s Kevin Simpson and Aureus Asset Management’s Karen Firestone join Brian Sullivan and the ‘CNBC Special: Taking Stock’ to discuss how investors can play any Fed outcome. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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Interest rates have become a hot topic over the past six months. Back in 2020 and 2021, homeowners were bragging to their friends about their rock-bottom mortgage rates and how they secured financing at three percent or less! But times have changed, and seven percent interest rates are becoming the norm. Now, nobody is bragging—in fact, many investors are too scared to buy, thinking that today’s interest rates are far too high to buy homes with. If you’re following this thought process, you could be making a BIG mistake.

Welcome back with another Seeing Greene episode, where our “high rates, who cares?” host, David Greene, answers questions directly from investors just like you. In today’s show, David coaches a young investor on building his side business, why quitting your job could be a mistake, and how to learn from past deals to build wealth far faster. Then, David pivots into answering questions from investors on how to get over your fear of taking on good debt, how much to have in safety reserves for your property, and why being scared of high interest rates could hurt you in the long run.

Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

00:00 Intro
02:07 Quick Tip
02:54 Coaching Call: Financing Deals Without a W2
13:50 Coaching Call: Hard Investing Lessons
20:15 Questions from the Comment Section
25:27 Scared to Take on Debt?
32:26 How Much Cash to Keep On Hand?
36:18 Scared of High Interest Rates?
41:19 Get in The Money Mindset

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The Fed’s Plan for Future Interest Rates:
https://www.biggerpockets.com/blog/on-the-market-4?utm_source=youtube&utm_medium=description&utm_campaign=none
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Debt Is Good When It Comes to Real Estate:
https://www.biggerpockets.com/blog/good-debt-real-estate?utm_source=youtube&utm_medium=description&utm_campaign=none
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Episode 684

Show notes at: https://www.biggerpockets.com/blog/real-estate-685?utm_source=youtube&utm_medium=description&utm_campaign=none

#biggerpockets #realestatepodcast #biggerpockets684

Debt consolidation can help you pay off debt faster and help you save money by lowering your interest rate, if you do it the right way. If you don’t do it the right way it can cost you more money and take you longer to pay off. Learn how to use debt consolidation the right way. #debtconsolidation #financialseeds

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Content by Craig Bailey, licensed financial advisor, creator of Financialseeds.net Bible-based financial advice for millennial couples.

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In this acclaimed work, available here for the first time in paperback, Herbert E. Sloan examines Thomas Jefferson’s complex and obsessive relationship to debt—its roles in his life and political career, and in the formation of republican ideology. As party leader in the 1790s, and later as President of the United States, Jefferson led a crusade against public debt, which he felt robbed the people of a future rightly theirs. Yet as a private person, he was plagued by debt, never free of it throughout his life. In this respect, Sloan argues, Jefferson was representative of his social class—most of the Virginia gentry had similar problems with debt, and similar feelings about it.

Taking as the central exposition of Jefferson’s political vision his famous letter to James Madison on the rights of the living generation, Sloan explores in detail the events of 1789–90, when Jefferson acceded to Hamilton’s plans for the national debt. The consequences of this decision would haunt Jefferson until the day he died.

Eloquently written and exhaustively researched, Principle and Interest provides a unique perspective on a range of topics—revolutionary ideology, political economy, the mechanics of party organization—central to an understanding of the period.

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