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e hënë, 15 janar 2007

How to Eliminate Debt - the Art of War

I have just finished reading an article on Alexander the Great. It mention that Alexander doesn't have a huge army when he started his conquest to rule the known world. But, strategically he has a very diversified and well skilled army.

When confronted with a huge army, one strategy that he used is by attacking the smallest unit but yet he found most threatening first. In one case, it is the archery unit. And then he will use his mighty army to defeat the heavier unit.

I like to make the same comparison with how we can eliminate debt by using the same strategy. We can use all the resources that we have to eliminate the smallest debt but with the highest interest first. After we eliminated that debt, we can then use the resources we have to start attacking other debt is not critical. Just a thought.

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