I borrow often.
You won’t be, after you hear my borrowing ideology.
You see, I only borrow against a solid structure I’ve already created. Free and idle cash makes me take grossly irresponsible and wrong decisions with itself. I’ve learnt to first bind my free and idle cash in a structure, and then to borrow against this structure to create another new and ultimately free-standing structure. I’ve been amazed at the quality of investment decisions coming through for me with this methodology.
Also, I try to only borrow for the purpose of creating this new (solid) structure. Because I’m creating this new structure with borrowed money, this makes me work that much harder during due diligence.
Furthermore, I borrow to create vacuum.
As you understand already, vacuum attracts flow.
On top of that, and this is the icing on the cake, when I’ve borrowed, there’s pressure on me to save, and to nullify the borrowing as soon as I possibly can. Believe it or not, this fact, coupled with the principle of attracted flow, leads to the borrowed amount being filled up (paid back) very, very fast indeed.
What I then have left standing is my original solid structure.
Oh, yeah, I also have my new structure, which I have just created, and which will serve me.
So worth it.