03-14-2021, 07:45 PM | #85 | |
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We are
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03-14-2021, 09:50 PM | #86 | |
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03-14-2021, 09:54 PM | #87 | |
Started#gottalovethatblue
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There's some really good information out there, but ultimately my point is still, debt isn't something good to have. Yes, you can purchase things like houses with debt, but there's always risk. It's just a matter of how much risk a person is willing to take on. Take on too much risk and you can sink your ship in a hurry.
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03-15-2021, 05:46 AM | #88 | |
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03-15-2021, 07:00 AM | #89 |
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Ah ha. I missed the in essence part.
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03-15-2021, 07:19 AM | #90 | ||
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03-15-2021, 08:57 AM | #91 |
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Debt is an awesome thing to have IF Congress wipes it out. Well, maybe for the person with the debt, not the taxpayers.
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03-15-2021, 08:57 AM | #92 |
Started#gottalovethatblue
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Agreed! In a world full of division and inability to respectfully discuss differing opinions, I'm glad this thread hasn't turned ugly.
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Last edited by pyroguy; 03-15-2021 at 03:21 PM. |
03-15-2021, 09:03 AM | #93 |
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Congress can't "wipe out" debt. The government doesn't actually produce anything that creates an income so it cannot wipe out debt. What happens is that the debt is redistributed to everyone instead of the people who signed up for and agreed to pay the debt. If you can't pay for your debt don't take it out.
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03-15-2021, 03:21 PM | #94 | |
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That's why I included the 2nd sentence. |
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03-15-2021, 05:21 PM | #95 | |
CamaroFans.com
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03-15-2021, 07:48 PM | #96 |
Started#gottalovethatblue
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I’m guessing you have some you hope you have “wiped out” though, am I right?
Good deal! There’s a variety of places to get information, but the most thorough and reliably accurate is through www.daveramsey.com. He’s very diligent in his research and at times like his millionaire study done a year or two ago, was verified through a third party so that it wouldn’t seem as though his findings went along with his way of thinking for purely a marketing thing. Besides his steps are simple enough that anyone can follow them if they put their mind to it and control their spending, not some wild crazy jump through hoops sort of way to get their finances under control.
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03-15-2021, 07:56 PM | #97 |
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I have zero debt and zero taxable income. You can pay the redistribution costs. I'm done.
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03-15-2021, 08:02 PM | #98 |
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You still always pay Uncle Sam. But congrats on being elite.
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