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lscardinal17 (25)in #money • 9 years ago
RE: Why Saving is STUPID and Debt Can Be a Good Thing!
Indeed... Always have to do a cost-benefit analysis on such things.
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lscardinal17 (25)in #money • 9 years ago
RE: Why Saving is STUPID and Debt Can Be a Good Thing!
Saving isn't terrible, but you will lose in the long wrong due to currency debasement and debasement... especially at these extremely low interest rates.
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lscardinal17 (25)in #money • 9 years ago
RE: Why Saving is STUPID and Debt Can Be a Good Thing!
Keeping money is the bank is a terrible idea... I do advocate saving hard assets, food, water, and maybe cash on hand. Minimize cash assets in the bank if possible.
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lscardinal17 (25)in #money • 9 years ago
RE: Why Saving is STUPID and Debt Can Be a Good Thing!
Interest rates are at record lows and they are tax deductible on mortgages.
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