Credit & Debt

Credit can be an effective financial management tool, however absent prudence it can lead to economic bondage, both on an individual level and as a nation. Within a matter of decades America has moved from being World Creditor to World Debtor. Living beyond our means, be it on a personal level or as a nation, should be cause for serious concern. Because when expenses exceed income, it is only a matter of time before overhead leads to downfall.

                                             Roger L. Caron

          7 Keys to a More Prosperous Future

1. Live beneath your financial means regardless of source or size.
2. Avoid non productive debt as though it were the plague.
3. Put your surplus resources to work through prudent investment.
4. Allow your investment returns to compound and grow over time.
5. Expend your labors in ways that generate on going returns.
6. Financial security trumps the appearance of high social status.
7. The outcomes of your future are determined by present decisions.

                                                          Roger L. Caron