Why You Shouldn't Buy Luxuries on Credit

The best thing about money is that it works 24 hours a day and can work for generations. Keep your daytime job, be a great hard working employee, but keep building that asset column. As your cash flow grows, you can buy some luxuries. 9 out of 10 companies fail in 5 years; only if you really have the desire to own your own company do I recommend it.