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$400K is now middle class (media.kotakuinaction2.win)

posted 313 days ago by AlfredicEnglishRules 313 days ago by AlfredicEnglishRules +78 / -1

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– Theacefospades 3 points 313 days ago +3 / -0

Well a great example is medical debt. I COULD pay it all off today. But why the fuck would I do that? There's 0 interest. I make more money the longer I string it along with zero downside.

Same with debit vs credit cards. There is 0 advantage to using a debit card. Use the credit card and keeping the balance at 0 has the exact same "debt" as using a debit card with all kinds of upside.

This is the difference between good and bad debt for a consumer.

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