[Read by Grover Gardner]

David Graeber’s ”fresh . . . fascinating . . . . thought-provoking . . . and exceedingly timely” — (Financial Times) history of debt.

Anthropologist David Graeber presents a stunning reversal of conventional wisdom: before there was money, there was debt. For more than five thousand years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods — that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors.

Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion — words like ”guilt,’ ”sin,” and ”redemption” — derive in large part from ancient debates about debt and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it.

Debt: The First 5,000 Years is a fascinating chronicle of this little known history — as well as how it has defined human history and what it means for the credit crisis of the present day and the future of our economy.

This video is going to help anyone who has credit card debt and wants to pay them off quickly. Credit cards typically have very high interest rates, so what can you do to lower your interest rate. Watch and find out!

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Some say that debt is the gateway to your goals, others say it’s a ball and chain that will drag you down… So who’s right?

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Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions.

sources:
http://archive.boston.com/bostonglobe/ideas/articles/2011/08/21/which_came_first_money_or_debt/
https://www.debt.org/advice/good-vs-bad/#:~:text=What’s%20the%20difference%3F,for%20it%2C%20it’s%20bad%20debt.
https://www.richdad.com/how-to-start-a-business-without-money-part-1#at_pco=smlrebh-1.0&at_si=5edeae9a55751dc1&at_ab=per-2&at_pos=0&at_tot=4
https://thecollegeinvestor.com/4726/ultimate-hypocrite-robert-kiyosaki-companys-bankruptcy/
https://www.gpb.org/news/2011/07/24/the-evolution-of-debt-from-mesopotamia-to-america
https://www.aplu.org/projects-and-initiatives/college-costs-tuition-and-financial-aid/publicuvalues/employment-earnings.html#:~:text=On%20an%20annual%20basis%2C%20bachelor’s,is%20a%20high%20school%20diploma.&text=The%20earnings%20gap%20between%20college,less%20education%20continues%20to%20widen.&text=For%20high%20school%20graduates%20the,earnings%20are%20%2430%2C000%20a%20year.

Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson
Directors: Katie Graham & Andrew Matthews
Written by: Philip Olson, CFP® and Julia Lorenz-Olson
Executive Producer: Amanda Fox
Produced by: Katie Graham
Edited & Animated by: Andrew Matthews
Images by: Shutterstock
Music by: APM

A simple, proven-effective formula for freeing yourself from debt—and staying that way • Revised and updated, with a new Preface by the author
 
“A must read for anyone wanting to get their head above water.”—The Wall Street Journal
 
THE CLASSIC GUIDE, REVISED WITH UP-TO-THE-MINUTE INFORMATION
 
OUT OF THE RED
• Do this month’s bills pile up before you’ve paid last month’s?
• Do you regularly receive past-due notices?
• Do you get letters threatening legal action if immediate payment is not made?
• Do the total amounts of your revolving charge accounts keep rising?
 
INTO THE BLACK
Whether you are currently in debt or fear you’re falling into debt, you are not alone. Sixty million Americans—from doctors to secretaries, from executives to the unemployed—face the same problem and live under the same daily stress. Based on the proven techniques of the national Debtors Anonymous program, here is the first complete, step-by-step guide to getting out of debt once and for all. You’ll learn
 
• how to recognize the warning signs of serious debt
• how to negotiate with angry creditors, collection agencies, and the IRS
• how to design a realistic and painless payback schedule
• how to identify your spending blind spots
• how to cope with the anxiety and daily pressures of owing money
• plus the three cardinal rules for staying out of debt forever, and much more!
 
This book is neither sponsored nor endorsed by Debtors Anonymous. A recovered debtor, the author is intimately familiar with the success of the Debtors Anonymous program.Millions of consumers have become trapped in a spiral of debt, but there is hope. If you wants to free yourself from the shackles of debt, this book is for you–it can help you “get out of debt, stay out of debt, and live prosperously.” Jerrold Mundis writes in a friendly, engaging style, urging readers to stop the cycle of spending. Mundis knows what he’s talking about–he, too, was once thousands of dollars in debt and didn’t know where to turn. Anecdotes from Debtors Anonymous folks, plus multiple examples from the writer’s own life and ledgers, make How to Get Out of Debt an encouraging read, not a condescending one. Once you start your program, you may want to periodically reread some chapters for inspiration–and fun.

Now in paperback: David Graeber’s “fresh .?.?. fascinating .?.?. thought-provoking .?.?. and exceedingly timely” (Financial Times) history of debt
 
Here anthropologist David Graeber presents a stunning reversal of conventional wisdom: he shows that before there was money, there was debt. For more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods—that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors.

Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like “guilt,” “sin,” and “redemption”) derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it.

GOODBYE DEBT—HELLO FREEDOM!
 
Most of us grew up with the idea that there is good debt and there is bad debt.   Good debts are generally considered to be debts you incur to buy things that can go up in value—like a home or college education.  Bad debts are things like credit card balances, where you borrowed money to buy things that depreciate or go down in value, like most consumer goods.

But as America’s favorite financial coach, David Bach, points out, in difficult times there is no such thing as good debt.  There is only debt.  And all debt is too expensive—if what you desire is FREEDOM!  In fact, Bach believes the best investment you can make today is to pay down your debt, faster and smarter than you have ever attempted before—starting today!

In Debt Free for Life, #1 New York Times bestselling author David Bach has written his most groundbreaking and important book since The Automatic Millionaire, giving us the knowledge, the tools, and the mindset we need to get out of debt and achieve financial freedom— forever!  Offering a revolutionary approach to personal finance that teaches you how to pay down your debt and adopt a whole new way of living – debt free. Bach unveils the Debt Wise program that empowers you to pare down your debt automatically.  You’ll learn how to calculate your Debt Freedom Day – the actual date you will be completely free of debt.  And you’ll discover that when you are debt free, you need a lot less money to live on. You can retire, even with a smaller nest egg — perhaps earlier than you expected.

David Bach has coached millions to pay off their debt and now he can guide you.  Whether you have home loans, student loans, car loans, credit card debt—paying down your debt is truly a game you can win, if you know the rules.  Debt Free For Life will teach you the rules and give you the tools to buy back your freedom.

Product Features

• Used Book in Good Condition

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Tired of getting to the end of the money before you get to the end of the month? Wish you were in control?

If you’re afraid to open your bills, if you’ve never added up how much you owe, if you can’t even imagine being debt-free, it’s time to join the thousands of people Gail Vaz-Oxlade has helped. Her straightforward approach to money management is based on self-control, hard work, and prioritizing what’s really important. Debt-Free Forever is Gail’s step-by-step guide, and she’ll show you how to:

figure out how much you’ve actually been spendingcalculate how much you owe—and what it’s costing youbuild a budget that worksmaximize your debt repayments so you can be free of consumer debt in 3 years or lessprepare for a rainy day so it doesn’t mean a major setbackset goals for your new, debt-free life

Make no mistake: Getting out of debt isn’t easy. But in Debt-Free Forever, Gail gives you a clear strategy and the steps needed to implement it. So if you’re finished with excuses, overdue notices, and maxed-out credit cards, pick up this book, follow Gail’s plan, and start becoming debt-free forever.

Tired of getting to the end of the money before you get to the end of the month? Wish you were in control?

If you’re afraid to open your bills, if you’ve never added up how much you owe, if you can’t even imagine being debt-free, it’s time to join the thousands of people Gail Vaz-Oxlade has helped. Her straightforward approach to money management is based on self-control, hard work, and prioritizing what’s really important. Debt-Free Forever is Gail’s step-by-step guide, and she’ll show you how to:

figure out how much you’ve actually been spendingcalculate how much you owe—and what it’s costing youbuild a budget that worksmaximize your debt repayments so you can be free of consumer debt in 3 years or lessprepare for a rainy day so it doesn’t mean a major setbackset goals for your new, debt-free life

Make no mistake: Getting out of debt isn’t easy. But in Debt-Free Forever, Gail gives you a clear strategy and the steps needed to implement it. So if you’re finished with excuses, overdue notices, and maxed-out credit cards, pick up this book, follow Gail’s plan, and start becoming debt-free forever.

4: The Principles of a Debt-Free Life is the story of one couple’s journey out of credit card debt and what they learned is necessary for anyone seeking financial independence. While most books about personal finance focus on anecdotes and parental-style dos and don’ts, 4 focuses on the personal stories of the authors and the principles they learned that got them out of $51,000 worth of credit card debt. Adding a twist, the authors had a combined tenure in financial services of 21 years. Using their education, professional and personal experience they provide a roadmap for anyone seeking financial freedom.

ARE YOU READY FOR TRANSFORMATION OF YOUR LIFE ? LOOK NO FURTHER !

DHYAAANGURU is a Humanitarian, Philanthropist, Mentor, Motivator, Doctor and a Spiritual Guide who has helped thousands over the years with Lectures and workshops on Self-Development, Meditation and Mantras.
The healing mantras by Dhyaanguru are not just to provide spiritual benefits, but also to manifest in psycho-physiological healing. They work at the core level of the human system, DNA. The vibrations and frequencies of these powerful mantras have shown tremendous healing properties. Thousands of people have shared their success stories on Youtube.
Let us join together to heal our Mind, Body and Soul with Dhyaanguru !

LEARN ABOUT DHYAANGURU DR. NIPUN AGGARWAL,MD : https://dhyaanguru.com/about-dhyaanguru/

FOLLOW THE LINKS BELOW TO CONNECT WITH DHYAANGURU : YOUR GUIDE TO SPIRITUAL HEALING !

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SPEAKER: DHYAANGURU DR. NIPUN AGGARWAL, MD, MBA, MHT

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———————————————————————————————————————————————

KARMA SHANTI MANTRA !
GET RID OF YOUR BAD KARMAS !
DO GOOD AND GOOD & GOD WILL HAPPEN TO YOU !!
Listen to this mantra daily for atleast 40 days and see the Magic !
Please use Headphones for Divine Healing.

Mantra: OM MAHADEVA PARMATMA KARMATMA SHANTI !

Meaning: Lord Shiva(Mahadeva) is the destroyer of evil. We pray to you Lord Mahadeva, you are the purest Soul, please cleanse our soul with good Karmas and destroy the evil ones.
Karma is the fruit that comes from the seeds we sow. If the seeds are good, we get good fruit.One seed will make a whole tree full of fruits. If the seeds are bad, we get weeds instead. And weeds spread fast damaging the whole garden. If you have done bad karmas in life, you need to chant this mantra to clean the garden of weeds to make space for new seeds to be put in for good fruits. You will see good happening to in your life soon after you start this Mantra.

Can you change your karma? Yes. You cannot stop karma but you can change the direction of your karma. Anything you did in your past can be “undone” by doing good now. You have reaped what you sowed. You created your own destiny, now you can recreate it.

A clear conscience cannot be bought from a moment of regret or shame. If you want forgiveness for your actions you must first take responsibility for them.

Regret is the starting point. Feeling bad about what you did sends a signal to the universe. You must really mean what you say. It’s about learning through compassion. That comes from very carefully imagining how others feel. You are saying that you understand your past actions were wrong. You have awareness. This is the beginning. You have started to undo what you did.

Sometimes, you have to experience what you have done to others. No matter how bad you have been, you can always begin again. You can only erase bad karma with regret, then practicing kindness and love. There is no other way.

If you ever harmed anyone, ask them for forgiveness. Their forgiveness will dissolve any bad karma and turn it into good karma.

The effects of karma are sometimes immediate and in other cases there is a delay. There will always be an effect, no matter how long the delay. The consequences of your actions good or bad may even follow you into the next life.

Do not think a small sin will not return in your future lives.
Just as falling drops of water will fill a large container,
The little sins that steadfast accumulate will completely overwhelm you.

Do not think a small virtue will not return in your future lives.
Just as falling drops of water will fill a large container,
The little virtues that steadfast accumulate will completely overwhelm you.

— The Buddha —