How Debt Works
In his classic book The Art of War, famous Japanese philosopher Sun Tzu advises you to “know your enemy.” Never is this more true than when you step into the ring to do battle with debt—one of the most formidable enemies of your time.
If you don’t understand where your debt came from, how it works, and the things inside of you that hold you back, you’ll be like someone throwing stones at a tank. But if you understand how these things work, you can find the weak spot in your debt’s armor.
In this part, you’ll become familiar with the basic components of the different types of debt. Then, you’ll look at how the math of debt slowly sneaks up on you. Finally, you’ll do a little battle with your greatest enemy … yourself.