Spinach
Way back in the day, Popeye cartoons were popular.
When I was a kid, they had OLD Popeye cartoons on TV.
Popeye of course, is the goofy guy who ate spinach, got really strong and beat the crap out of the bad guys.
But he had a buddy named Wimpy.
And his famous line was:
“I’ll gladly pay you Tuesday for a hamburger today.”
This character first appeared in 1932.
This, of course, was during the depression when everybody was broke.
But the idea of getting something now and paying for it later is pretty common.
Monkey People
Monkeys kind of have this instinct.
They pick bugs out of each other’s hair.
They remember who picks bugs out of each other’s hair.
Very much a “I’ll scratch your back and you scratch mine” kind of thing.
Humans and other primates are very social animals.
And part of our social instincts is remember who we owe, and what, and who owes us, and what.
Plenty of mammals have this instinct.
Vampire bats, pigs, primates, and of course, humans.
This instinct of borrowing something and paying it back later existed LONG before money.
Stranger Trade
This is the kind of trust the keeps even strangers honest.
Many, many times in history, one group of people met another group of people.
And they all instinctively used this “trading instinct.”
One group would lay out a bunch of stuff.
Nobody ever thought this was a free gift.
Everybody knew this was an attempt to trade.
Which meant it was an attempt to create friendly relationships.
And even more interesting, it was always accepted that the other person didn’t HAVE to accept it.
Whatta Ya Think?
The first group lays about a bunch of stuff.
They give the second group enough time to check it out, and decide if they want it or not.
If they don’t, the first group ads more stuff.
Then the second group takes it, and leaves some of their stuff.
And again, the second group gives the first group time to accept it or not.
This means our instincts about money, like trading, negotiating and a primitive kind of debt and credit are FAR OLDER than actual money.
Which means if you can understand these instincts, and calibrate them to the modern world, you can clean up.
Understanding things like money, credit, debt and interest rates is much, much easier than most people realize.
Which may be for a reason, since most people are in debt.
But if you master these ancient ideas, you can master money.
And use it like the tool it’s supposed to be.
Learn More:
Debt Free
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