by Adam
March 8, 2010
Debt
Wouldn’t it be amazing if all loans were set at 0% interest?
That’s right. ‘Free’ money. Actually it wouldn’t be that good: By taking away the cost of carrying debt, a 0% interest rate might seem great at first but it takes away the financial incentive to be debt free, or keep your lifestyle down or be able to make an impact with your savings goals: the goals that ultimately can define your future.
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by Adam
March 5, 2010
Debt
In principle this plan is brilliant as it allows you to consume more when you’re young when you’re not making much, safe in the knowledge that your future self can easily afford to foot the bill. Why live like a pauper and a king when you can simply live comfortably all your life?
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