In difficult economic times, everyone around us advises us to tighten our belts. Although this is quite reasonable advice for people who do not take responsibility for their own financial situation, it is completely unsuitable for those who want to get rich and gain complete financial freedom. If a person is financially literate, he knows that there is good and bad debt, and will be able to use good debt to get even richer and much faster than someone who only saves money and has no debt.
