Getting out of debt = how to beat the Heebs

mrpowell 2017-08-13 05:29:38 UTC #3

Very good tips. I need to get going on the last two. It's also a crying shame that the damn Fed has been flat out robbing savers for almost a decade now.

AryanBlooded 2017-08-13 07:07:40 UTC #4

Exactly

You have to fight fire with fire

The end game hasn't come quite yet

We are in a war, and our race war will end how we want it to end, as long as preparations have been made

mamarottweiler 2017-08-13 11:17:35 UTC #5

Great post. The entire family needs to be educated on family financial respinsibilities and what burdens interest and loans put on the whole family. Most marriages end because of extreme financial irresponsibility by one partner or perhaps both.

shitlording 2017-08-13 11:26:39 UTC #6

Here's some free accounting software to help manage your funds:

Infamous_tourist 2017-08-13 11:29:56 UTC #7

Great post! Have you thought about submitting this as an article?

Ignatz 2017-08-13 14:14:19 UTC #8

That's a great point, one all married and engaged people should be cognizant of. Sitting down and making a budget with your spouse goes a long way toward getting everyone on the same page and understanding individual responsibilities and expectations.

Ignatz 2017-08-13 14:15:06 UTC #9

Thanks for the compliment. I did not consider it. Wouldn't even know how.

Plato_Hates_You 2017-08-13 14:21:51 UTC #10

Good post. It's shocking how much of the newer generation wasn't taught basic budgeting and accounting maths in school, considering it's one of the few things you're GUARANTEED to need to know for the real world. No doubt part of the scheme to get more people caught up with high-interest loans, credit cards, etc without realizing the consequences or alternative options.

Even my wife, when I met her, was making close to six figures a year and still living from cheque to cheque (just stupid purchases, student loans, so on) until I stepped in and took over financial matters. Absolute madness.

I can't stand seeing people get caught up in that shit. First thing I did when I cashed in a majority of my BTC a few years ago was pay off all the family's debts and draw up a new, 0% interest loan contract between my parents/brother and myself.

In my mind, usury is the first weapon the Jews introduced to our culture, and it is the root of all their power. We need to break such practices, or at least subvert their influence and gradually replace them with our own.

I still hear a lot from white nationalists 'oh, investing is for the Jews' - yeah, well, it's worked out pretty fucking well for them. Imagine if the citizens of the host nation they are invading and subverting had the same funds to protect their own interests? Ignorance of financial matters, unless you own farmland or live off the grid, is tantamount to suicide in our current system.

Infamous_tourist 2017-08-13 15:23:32 UTC #11

Re categorize it under article submission.

Ignatz 2017-08-13 17:01:28 UTC #12

This is the kind of forward thinking we need more of. Would you mind elaborating a little on your intrafamilial contract?

You're right, it is frustrating as hell watching people with decent incomes live paycheck to paycheck. Owing money on assorted frivolous luxury items has become normalized and almost a given. What these people lack is discipline.

Plato_Hates_You 2017-08-13 17:53:20 UTC #13

Just a standard individual-to-individual loan agreement contract & amortization schedule making the debt legally binding (just the principal, as mentioned I would never take interest payments from a family member - or, come to think of it, anyone really). Not that I don't trust them, just because I'm a bit meticulous when it comes to documenting financial matters; growing up in a crypto-Jew capital and being involved in back-end business/financial operations work for so long kind of beat that into me..

Honestly, my parents were and remain self-absorbed boomers (like I'm sure many members of this board had to deal with growing up) who put away zero money for my college, but it wasn't even about family duty or responsibility. It was about depriving the Hebrew bankers monthly interest payments.

Very glad I never got into the credit card/student loan thing myself, I really feel for those who weren't prepared for the con games that were going to be run on them, the very minute they were old enough to sign a credit application.

WhiteWulf 2017-08-13 17:57:16 UTC #14

Money is the source of Jewish power, and debt is the weapon they wield over the heads of all gentiles. We need to start gaining financial independence as a community, lifting up others with similar political beliefs while shunning classical (((institutions))) such as large banks.

Becoming (nearly) debt free is one of the most empowering experiences I have ever gone through, as it is a solid foundation from which your wealth can begin to work from you.

Great post, and I hope that other Stormers with financial background will be able to offer more advice on investing and other money topics.

CatoCensored 2017-08-13 19:15:14 UTC #15

Spot on, brother. The new car thing is HUGE. Most normies spend as much or more on their cars than they do on their housing, and that's ridiculous. I used to have fancy ass 4x4s and suvs, but when I had kids I wised up. Now I spend about $5K on my vehicles, keep it for a year or two, fix it up a bit, and sell it for about what I paid for it. That's driving for free brah. Compare that to buying a new car and paying an $800 a month payment and $10K depreciation in the first year. Over 12 months that's $0.00 vs $14,800.

Never use credit cards.

And if you don't own your own home, that's what you should be working night and day for. If you're renting you're throwing money down the drain. Buying a home is the ONLY situation where it's OK to get a (((loan))). Buy a fixer upper, do the work yourself, and sell it in 2 years. What you make on it will be tax free. Then do it again. The goal should be to eventually own a modest house on an acre or two outside the city limits, and by that I mean own it outright.

Imagine not having a mortgage and not having a car payment. I don't have car payments, and I'm working on the house. These things are within our power. We're white people ffs, we have agency.

Ignatz 2017-08-13 21:12:18 UTC #16

Yes, exactly, great way to put it. Adopting this mindset has changed my life and it's what we should all be doing. Great content here.

mrpowell 2017-08-13 21:15:44 UTC #17

That's just fucking crazy. Give a female any amount of money, and she will spend it.

Vorginia 2017-08-13 21:19:09 UTC #18

So long as you reside inside a country thats governed by jewish laws, you will never defeat them.
No matter how rich you are.

mrpowell 2017-08-13 21:20:10 UTC #19

I use a credit card all the time. The key is paying ALL of it off every month. Get a credit card that gives you bonus points on whatever you want, and that gives you even more money to spend. Just make sure you pay it off in full every month. I understand some people aren't able to control themselves to be able to do this, not saying you are one of those people.

Ignatz 2017-08-13 21:42:16 UTC #20

Yeah that's a great point about putting money into your own equity rather than lining a landlord's pockets. Buying a modest home within your means, i.e. one you won't live paycheck to paycheck to cover the mortgage, is the way to go.

It boggles the mind seeing what some people find acceptable to take on debts for. Coworkers have told me about making payments on vacuum cleaners, golf carts, go carts, and other frivolous shit. When I make mildly critical comments about owing money on these things the answer is usually, "that's how people without much money can afford to have things." It's a no-win argument at that point and I let it go. Not to mention people I've worked with who make payments on boats and pickup trucks that cost as much as my house.

And this brings to mind another thing about our culture of being in debt that has contributed to the degrading of our society that I think is really critical. For a lot of families it's a given that both parents have to work to make ends meet; single breadwinner households are for the fortunate few who make 6-figure incomes and for the rest it's a pipedream. I'm not saying it hasn't gotten harder to have a traditional household, but if most people would reject the debt culture, cut out the loans for frivolities, stop paying for stupid shit like regular manicures and other overpriced salon treatments, and so on, there could be a "housewife in every home." It's a matter of priorities.

CatoCensored 2017-08-13 21:58:38 UTC #21

Oh, yeah, that's what I meant-- don't use a credit card as a means of financing your lifestyle. If you pay it off every month, that's fine.

ArtiIntel 2017-08-13 22:21:10 UTC #22

Its sad but no debt is near impossible. Youll always have a mortgage (biggest scam there is).

Dont beleive anyone that tells you they are debt free. 99% of ppl think debt free means still having a mortgage, others say debt free is only having a mortgage and two car loans. Even if you have no bills beside mortgage or rent and utilities you still arent debt free, you need to have a place to live which means paying that rent and you still gotta get to work which means paying the car note.

For a good while i only had a mortgage and utilities to pay, i drive 26k miles a year just for work, automobiles dont outlast what they cost. I wont be debt free untill i retire, and then i probly still wont be for a few years after.

I do not trust anyone that claims they owe no money. Lending is the biggest scam there is and because of it you almost cant live without it. You cant even pay cash for a new car.

If you are over thirty with a family and debt free you are either a lier, born into money, a slick genius or you won some lottery.

Edit= are you David Ramsey??