Finance And Refinance .com

The entire world is in debt. Every individual is in debt. Every company works on debt.

The financial teachings say that you must use other people’s money to evolve.

“Cash only” strategy is one that can save you right now. I read nowadays that with this crisis, the old school capitalism is dead, and it will be followed by an era of savings.

I personally think that the image of the crisis is too fresh in our minds, so people will be cautions with their expenses only on short term. An middle term they will be lured to enter again in the marketing/buying spiral. Cash only strategy helps you make a safe heaven around you and your finance. The credit card is a bad invention, that let simple, stupid people (which count for 95% of Earth population) to enslave themselves, buying on expense of their future life.

Actually, is a comparison that you can make with selling your soul to the evil one :). You get instant reword on the expense of future life :) Using cash only can help you detox of this unusefull habit. Try for a week to pay everywhere only with cash. Sensing the hardcore cash, will make you more responsible, will make you more aware of the limits of your financial strength. Try hide your credit cards somewhere in the house and fight the instinct to use them. Also, using only cash, you will make a lot of savings.

You will not pay interest rates and commisions, and you will spend less. Because it will be more difficult for you to VISIBLY spend, versus credit card spendings, which are thin air… USE CASH ONLY for a week. And then use cash as much as possible. And after that, use a debit card, not a credit card, because debit card will not let you spend more then your limit :)

CASH ONLY strategy is good to survive during a recession, like this one, and make you a happy life.

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After this crisis, I think that the next movement will be CASH FINANCE

What is CASH FINANCE
There is paper/electronic finance and cash finance. Now since the invention of the credit card, in the past 100 years we are living in an electronic world, where 90% of the money does not exist in physical world, only in computers. So, after living with so much money only in electronic format, and living on debt, I’m sure that capitalism, as we know it it will change. That means a more attention on present, on consuming what you are producing. That means a (more) cash oriented economy, not plastic, like now. That is cash finance.

What are the chances that cash finance will kick in?
Even I wish to come, I believe that humans, in their infinit stupidity they will prefere the easy way. And the easy way means living on credit, like they are use to. How to a ask a cauch potato to live based on what it’s producing? You can’t

Where it will be implemented cash finance?
Well, I think that it will be implemented in less developed countries (because they are now at this cash stage:) ). And some smart people from US will start be more rational about spendings. Cash Finance helps you keep expenses under control. With the plastic credit card, you cannot feel that you are spending. You are not feeling the effort. Is statistically demonstrated that you are spending more slow cash then credit :)

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Credit cards are the banks response to monetize people stupidity.

So, we see that for the past 40 years, credit cards were using by virtually everyone. The public and private debt skyrocketed, everybody is consuming more than they earn and everybody is mortgaging their own future. So, what will be the future of credit cards?

1. RFID chip - there are already some cool, fashionable locations where you can pay via a RFID chip implanted under your skin. It’s the same thing with the credit card, but only more cool

2. virtual payment will be more used then cash in all world, not only in developed states. Did you know that only 10% of the money exists physical? The rest 90% exist only scriptical?

3. nations credit cards - now, that every individual person has enslaves themselves from financial point of view, there will be the nations turn, to use the nation credit cards. Imagine how easy will be to furter enslave nations, by provinding them no limit spending limit on national credit cards. Imagine how easy it will be to spend more and more, just like a normal stupid individual, who spends much more then it earns

Future of credit cards looks very promising. As humans are always looking the easy way out, credit cards seems to offer this easines. If you look in the future, you will see that debt will continue to increase, until everything it will break. This way of live is not sustainble. We cannot keep use debt to feel good. So, on short term, the future of credit cards looks ok, on long term I think it will be recalculated.

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The entire world is in debt. Every individual is in debt. Every company works on debt. The financial teachings say that you must use other people’s money to evolve.

Cash only strategy is one that can save you right now. I read nowadays that with this crisis, the old school capitalism is dead, and it will be followed by an era of savings. I personally think that the image of the crisis is too fresh in our minds, so people will be cautious with their expenses only on short term.

On middle term they will be lured to enter again in the marketing/buying spiral.

Cash only strategy helps you make a safe heaven around you and your finance. The credit card is a bad invention, which let simple, stupid people (which count for 95% of Earth population) to enslave themselves, buying on expense of their future life.

Actually, is a comparison that you can make with selling your soul to the evil one :). You get instant reword on the expense of future life :)

Using cash only can help you detoxify of this un-useful habit. Try for a week to pay everywhere only with cash. Sensing the hardcore cash, will make you more responsible, will make you more aware of the limits of your financial strength.

Try hiding your credit cards somewhere in the house and fighting the instinct to use them.

Also, using only cash, you will make a lot of savings. You will not pay interest rates and commissions, and you will spend less. Because it will be more difficult for you to VISIBLY spend, versus credit card spending, which are thin air…

USE CASH ONLY for a week. And then use cash as much as possible. And after that, use a debit card, not a credit card, because debit card will not let you spend more then your limit :)

CASH ONLY strategy is good to survive during a recession, like this one, and make you a happy life.

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American CreditCard. We, in USA, are the center of the creditcard industry. An industry that told our minds that we DESERVE to spend without a limit, we DESERVE to buy thinks even we don’t have the money.

American CreditCard business is a multi trillion dollar one. And a very lucrative one. It allows people, who usually are stupid, to enslave themselves, spending without a limit. The system is corrupt and the creditcard habit must be reduce.

The capitalism is based on consumption. If we reduce consumption, like this crisis is doing this to us, we suddenly see that we can live very well with only a fraction of what we had before. We don’t need all these stupid stuff, that we were keep buying.

Don’t you think is something wrong when you go shopping just for fun? Or for relaxation? Common. This is a behaviour of a sick society, that put malls and american creditcard in the center of the human universe.

If you search on Google “American Creditcard” you will see zillions of results. Every bank, every financial society have their own american creditcards. Just take a creditcard from us, use it, and we will own a piece (smaller or larger) from your future.

Evil, isnt’t it? And based on our stupidity.

American

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I believe that living on credit is not sustainable. Because is false. We are living in a pervert world, where we were tough that creditcard is the answer to all our problems. Using a creditcard could buy us time, happiness, is easy to use, is a social pressure to do it.

But living on credit shows a blossom picture with dark roots.

In the first place, we say that we want credit because it allows us to benefit from a thing now, instead when we are old and we cannot enjoy it (then it will too late). So we go for credit, in the hope to enjoy the effects not, rather then later. This is ok… it seems. But, we are getting bored. And we see that what we bought and mortgage our future is not satisfying us any more. We want another thing, more fashionable, more new, so we mortgage our future even more. And we become slaves. Slaves on plantation.

We will be obliged to spend the rest of our lives pay the credit back, and for what?

Actually, there are 2 types of credits. Those that will make you money (if you invest with higher earnings that the interest that you are paying to the bank), and those who drain you out of the money (when you are buying expenses, that you cannot sell them anymore. In this respect we are buying electronics (with almost zero reselling value), trips, cars, etc. These are pure expensive.

On the long therm, getting a credit will make you pay more then double… Getting a credit will make you a slave.  And everything you do must get paid. You know, there is no such thing as a free lunch :)

This crisis is about sustainability. And greed. We came here because of credit. … I will further discuss these topics again :)

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