(9azzzzzzzzzzzzb of 11)
Credit sounds good and is good, but when it comes to money, why does credit put you in debt?Credit is a debit and deficit financial position.
Yet we seek credit, think we need credit and will work hard following a national plan to have good credit. All of this by the rules of rich people whose primary purpose is not to help you.
People who have enough money don't need credit.
People who don't spend more than they have, don't need credit.
People who don't have enough to cover basic needs, need credit.
You should ask, why now?...why didn't they count before?...who decides this?
Obviously all the laws and rules of a society are just made up and always uneven. They are not based on objective scientific intelligent methodology, unless that methodology is based on how to control the masses and keep them as unaware unwoke slaves. Rules and laws are based on personal preferences of rich people who are not rich due to personal merit and people who have get rich quick schemes at the expense of others.
Yet we trust and obey financial credit and credit scores.
Credit scores are for the purpose to get you to go into debt and be tied to working for companies and putting up with their bullshit. Credit scores are to psyche you out of filing for bankruptcy. Credit scores are an excuse in financial transactions to justify charging high interest rates, fees, unfair terms and denials. Meanwhile interest rates on savings are always low and you will get taxed on earned interest; however, interest paid is rarely deductible, and even if it is, most people don't have enough deductions to itemize, so we get stuck with the standard deduction, which is equal to the same concept as minimum wage, hourly wage and salary. All of these are limiting, which is why countries such as the USA are always bringing in even poorer people from other countries to keep wages low. This is because government, business, education and religion are one and are the same rich-people controlled institutions.
But that's okay by you because you are a good citizen, hardworking in an honest job and you pay your taxes and follow the rules, avoiding welfare, while rich people get plenty of welfare.
Contrary to the work hard mantra, there is no amount of hard work that justifies people being filthy rich to the degree that a tiny minority have more than the rest of the people. Even earning more than $200K per year is outrageous. Most people earn less than $40K per year.
Most rich people steal money or inherit stolen money.
Rich people stick together for their benefit, poor people do not, because poor people follow the societal logic put forth by rich people that poor people call education and being informed.
Poor people give rich people credit for being rich, and in return, they give us credit for being poor.
Bottom Line: Under the current criminal configuration of societies, for most of us, it takes at least two people earning income and working together sensibly in order to just have the basics. One person working two jobs is like robbing peter to pay paul because it reduces the quality of life, while rich people run around spending more in a week than poor people earn in a year. Rich people earn more on interest and investments than most poor people make in one year. Why do the rich get richer? One reason is that they know credit scores are for poor people. This is why rich people don't keep financial score by credit scores or use credit scores as a financial tool and means to get ahead or get what they need or want. They use wealth and net worth, two things poor people need not bother with because the number is always less than zero.
And this is why poor people play the lottery and gamble and rely on other schemes while wasting money based on what they are told they deserve to do.Another method is for one poor person to buy life insurance and die after the policy is fully vested and before paying too much in premiums.
Starting a business is good and should be pursued, but as you can see, even small businesses are always under attack by rich people who ensure larger business reap more benefits from the collective labor and wealth of the country.
