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RE: If You Can't Afford it, You can't AFFORD it!

in #money7 years ago

It's a good thing to keep in mind. Debt is a tool, but a dangerous one... Not free money!

borrow 99 cents for a Big Mac

Honestly, this would be the worst investment ever! I give you a 99 cent Ian, and you eat the asset! Hmmm'm... I think you need to work on that sales pitch!

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And yet... people wander into Mickey Donald's all the time and charge their junk food burger on a credit card and then end up taking 24 months to pay off the balance. But few actually think about that reality...