Debt freedom is something every adult should aspire to achieve if they don’t want to see their own children living in poverty. What’s poverty to one person is a luxury to another but in the main many children around the world are suffering due to the world recession and the implications which have befallen their families.
Lack Of Debt Freedom Consequences
Just take a moment to consider the consequences of your own children living in poverty. First of all, there is their health. Children not eating healthily can have major affects on their schooling.
Lack of a good education, due to their lack of concentration, can result in their not being in a position to acquire an all round education. This in turn, results in their not being able to grasp many opportunities, which would result in high incomes in their working careers.
The consequences of this would be that they would not be in a position to live in the house of their choice, let alone the location.
The cycle would continue down to their own children …
Therefore, the absence of debt freedom in their formative years could well result in below achievements in their occupations, absence of self-confidence in themselves, plus there is also the probability of their finding a spouse who may have originated from an identical start in life to theirs.
Not only that but they become candidates for severe illnesses, in part, due to their poor diets.
This vicious cycle can go on for generation after generation.
The Answer to the Lack of Debt Freedom
So, what is the answer?
The answer has to be that the parent decides that they don’t want their children to have a second rate start in life. Once they have made that decision and determined that they will do everything in their power to achieve financial security and financial success in their lives, doors will start to open.
There is a wonderful saying …
“If you can conceive it, you can achieve it”
Debt Freedom To Inspire Your Children
It is by example that you can inspire your children.
By achieving debt freedom yourself, regardless of the financial world situation, you will be giving your children the greatest gift and that is of letting them know that anything is possible with the right attitude. Showing them that what you think about and focus on, you will achieve.
Bear in mind, if a person in debt (you, or anyone you know) decides to start thinking instead of all the golden opportunities that they can take hold of and also give concentrated thoughts of their children being in a better world … then it is bound to happen.
We all have a choice.
We can keep our financial situations as they are and have our children living in poverty or we can allow our children to inspire each and every one of us to debt freedom.