The Power Of Zero In Finance

Zero was that grand guardian against excess. The magical cipher to hold one solvent. Admittedly, I did the work. I was the one who was disciplined to keep myself from falling into the abyss of interest payments. There was nothing to it really.

U.S. Government Debt as a Mortgage

But there is still the outstanding debt of trillions of dollars. Congress tackles this by treating the debt as if it was a 30 year mortgage. In my scenario Congress is able to secure a 3% fixed interest rate for 30 years.

The Economy Is A Fragile Thing

We have witnessed in recent weeks wide and fearsome swings in the markets of the world. The economy is a fragile thing. A stumble in the economy in Jakarta or Moscow can immediately affect the entire world.

Teaching Children Financial Principles

The easiest principles to teach them would be tithes and offerings. When offerings such as for the Fast are made this is being charitable to the poor or those in temporary need.

Debt

Let us avoid debt as we would avoid a plague; where we are now in debt let us get out of debt; if not today, then tomorrow. Let us straitly and strictly live within our incomes, and save a little.