Financial Lessons From One of History's Worst Disasters

Nov. 11 also marks the anniversary of the end of the First World War, one of the worst disasters in human history. (Pixabay/Oti_foti)

This week, on November 11, we will honor our veterans. May God bless them all.

But November 11 also marks the anniversary of the end of the First World War, one of the worst disasters in human history.

So what can you learn about your finances from this disaster? Plenty.

The first lesson is to count the cost. The European powers didn't, and they found themselves in over their heads. They expected a short war but were totally unprepared for years of bloody fighting. If they had thought things through and had more realistic expectations, they would never have gone to war. We prepared our system of debt relief, available at emancipationnet.com, to show you the cost of your pathway to financial freedom, so you can be prepared for your financial war of independence.

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During the war, Allied generals wasted millions of lives in futile frontal attacks on impregnable positions. Had they been more patient, they could have waited for their naval blockades to wear down the enemy, saving many lives. In the financial area, most do not have the power to move head on against their head on creditors in an effort to get free. However, like the Allies, time is on your side, and you can usually outlast them to gain your freedom.

At the end of the war, the victorious Allies forced the defeated Germans to accept a draconian peace treaty. It stripped them of many assets and imposed payments which could not be met. Ultimately it led to the rise of the Nazis and destruction of a generation of Germans. The lesson here is to never agree to settlement terms you cannot honor. It led to disaster for Germany and it will lead to disaster for you as well.

They say that those who don't learn from history are doomed to repeat it.

So wise up and learn from disaster.

Ron Allen is a Christian businessman, CPA and author who serves in local, national and international ministries, spreading a message of reconciliation to God, to men and between believers. He is founder of the International Star Bible Society, telling how the heavens declare the glory of God; the Emancipation Network, which helps people escape from financial bondage; and co-founder with his wife, Pat, of Corporate Prayer Resources, dedicated to helping intercessors.

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