padamson1
Well-known member
That last sentence is good advice that too many Americans don't follow. Unfortunately nearly our entire economy depends on too many people buying things they can't afford. (Some citizens feel that our Federal government is doing the same thing, but in my view that isn't true....yet).xado1 said:u all are so lucky.
in the us everything is cheap,and u don't believe it.
...rest snipped out....
if we can't afford it,we don't buy it
IMHO It's not that debt is bad, it just shouldn't be a way of life. Which is why I think more Americans need to read The Millionaire Next Door. Saving at 5% then spending instead of borrowing at 18% (and spending) should make more sense, but for some reason nobody believes that anymore.