Debt + Employment = Modern Wage Slave

Below are some rather colourful illustrations to challenge the way you think about the volatile mix of employment and bad debt (also know as wage slavery).

The entire world wants you to become a wage slave and they want you stay a wage slave. This really puts you behind the eight ball as you fight an uphill battle toward financial freedom. Question is; do you have the guts to fight for it?

Are you a wage slave?

A wage slave is someone whose immediate livelihood relies solely on wages from employment. In the third world wage slavery is with respect to wages to the equivalent of basic sustenance. However a new form of wage slavery has evolved in developed economies.

Eliminate your Unproductive Debt

There are two types of debt. Good debt and bad debt. Put simply good debt is borrowing money to purchase an investment which will go up in value. Bad debt is using money you don't have to buy shit you don't need to impress people you don't like.

Let me elaborate.

How Much Debt is too Much?

I was asked an interesting question this week by a client looking to leverage an investment in the stock market. He asked me, "What's the most effective level debt that I need?"

Before I answer that question, let me clarify; there are two types of debt. Good debt and bad debt.