Forum Discussion
1500
Apr 03, 2019Explorer
troubledwaters wrote:1500 wrote:You are making an assumption that people taking out loans are not living within their means; That's a False Assumption. I have lots of loans - all are within my means. And further, most everyone I know (not necessarily all) are living within their means as well. You know what they say about ASSUME.
...So either people can continue to take out more loans and pay more interest, making what little money they have even thinner, or they can learn to live more within their means (or god forbid save for something, and yes save can mean invest) and actually stretch that small income farther...
Actually taking out loans to pay for something is the definition of living outside your means.
Just about everyone does it and makes it work, does not change the definition, or that many people take it too far.
Funny how you assumed I was talking about you. You know what they say about ASSUME.
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