Tag: debt
I think the cause of the economic collapse wasn’t the banks with the sub-prime lending.
It was the consumer. The masses leveraged their income to purchase items that were unbelievably expensive in comparison to their income. And those...
Costs = income.
I think we have a funny way of looking at costs, like they are somehow independent of the income that we bring in. But, from the way I see it, every dollar you decrease in costs is a dollar that raises the amount you take home...
Your debt is someone else’s investment.
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