Another Rant.

Ready for another rant?

Here it goes.

I am an avid watcher of the reponut channel on youtube. When Matt post a video I typically watch it within days. Most of the time he doesn't get much confrontation but In this video he does.
https://m.youtube.com/watch?v=NTux9l7mRyg

If you skip to the 10 minute mark you will see Matt repo a motorcycle. Soon after the owner (or should I say loaner) runs out so childishly and is crying claiming he made a payment and proceeds to use profanity and unprofessionallism durring the repo. (OK so I might of exaturated crying) Seriously though. This is a prime example of what is wrong with alot of people. They are grownups acting like kids using someone ELS'S money to buy the toys they want (like when their parents bought them their toys when they were young!) When lack of funds or hardships come (uhm life does happen)They act as though they did nothing wrong! They act like children! This guy actually grumply comments "this won't happen again". That comment probably didn't help him! Now the financial company is going to demand full payment forcing him to pay all he owes!
Do you not see why you should not give any authority to financiers? Why would you give them that much authority so you can have a motorcycle a car an RV or a recreational vehicle that you do not own!?
You gain more control when you stop paying interest or OWN not finance your stuff! I have over 25k available in credit to me right now that I can use at my disposal. I have 3 loans that are NOT charging interest! I earn cash back on those loans! If my financiers and I don't agree I have made it so I get the last say. Guess what?!! They listen. I get what I want when I call.  I don't have to negotiate making a payment because I control them. If I went deep in debt where I bought a new car and they put a lean on it they would control me. They chose how much insurance I have to buy. They chose the payment. If I don't pay they collect their asset by repossession. Non of my stuff (with the exception of my house) has a lean on it. If I stop paying I LOSE NOTHING. Quick story before I end my brother who has alot of the same financial ideas and goals I do, called his creditor to cancel his card. This creditor (capital one) is known to not negotiate very well. My brother who does not pay interest because his balance is always paid called to cancel. His reason? A 59 dollar annual fee. He found a card that would give him the same benifits without the fee. After asking to cancel and explaining his reason capital one found it more favorable to stop the annual fee. This is all because my brother had leverage. They did not.

Keep your leverage.

Don't pay interest

Control them.

Don't let your creditors control you.