THINK YOUR WAY TO A DEBT-FREE LIFE offers numerous novel and feasible strategies for high school and post-secondary students, as well as people in the workforce, to do better financially. Author Winston Newbury explains this by chronicling his own move from relative poverty in rural Newfoundland to a successful and comfortable early debt-free life. Like so many of his generation, Winston was born at home with the aid of a midwife. He was born and grew up in King’s Point, Green Bay, a small, isolated rural Newfoundland outport where he attended a one-room, all-grade school with one teacher. The finances of most families were under the control of a fish merchant in some way, which served to maintain the status quo for his community and other outports over hundreds of years. Under such circumstances, you might assume very little worthwhile was learned that could be of use in navigating our modern, globalized world.
But nothing could be further from the truth!
Adult generalists – there were no specialists – cultivated important skills from which we can still gain insight. The valuable lifelong lessons Winston learned in the small school and rural outport of his childhood become clear throughout the course of the book. Indeed, it may have been the lessons learned in these early days that equipped and enabled him to think differently when faced with the economic realities that presented themselves in his adult life. These lessons and their current day applications are the focal point of this book. Equipped with little else in the way of resources, this outport wisdom gave Winston the capacity to think his way to an early debt-free life. Regardless of what your starting place is, this book is full of concrete and practical tips on how to think your way to a debt-free life with sufficient funds for an early, comfortable retirement.