I know this might just reflect financial culture differences across countries, but let’s give it a try

Edit: as a clarification, I meant credit card compared to debit, not to cash

  • @bob_wiley
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    1 year ago

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    • JackbyDev
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      11 year ago

      They’re not moving the goal posts from good debt to own vs rent, the reason a mortgage is good debt to have is because it is better than renting. Consider taking out a loan for something that has zero benefit, like a statue or yourself or something stupid. That’s bad debt because it provides no benefit. Being in a home builds equity. Your putting your money into a 30 year hole very slowly but it’s better than a bottomless pit.

      • @bob_wiley
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        1 year ago

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    • Frog-Brawler
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      11 year ago

      When I checked my credit score last month, it was 847. I’m sure I’m doing better than 99% of people in that regard.

      When interest rates are high, there’s less demand and as a result prices are lower.

      Keep listening to Ramsey. This conversation has devolved into something I’m no longer interested in, so I’m checking out… have a good one.

      • @bob_wiley
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        1 year ago

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        • Frog-Brawler
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          1 year ago

          I lost interest when I realized I don’t care if you’re fucking up, and I don’t care if you think I’m wrong either. I don’t want to argue with you. Waste of my time. Like I said earlier, have a good one.

          • @bob_wiley
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            1 year ago

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