Quote:
Originally Posted by TuborgP
Debt is a result of not having the money to pay or electing to use that money for alternative purposes.
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Debt is spending future earnings. And lifetime earnings are finite.
Selah.
While there is no shortage of families who can't keep food on the table without going into debt, most consumer debt is driven by an intensely fostered drive to acquire and consume. Blunt that socioeconomic assault, and debt would fall drastically.