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Eh. I used to make a lot less money than I did now. I got into around $10k of debt, mostly buying "useless" things that made life fun, like ordering in, etc. No
by cm2012 11y ago
Eh. I used to make a lot less money than I did now. I got into around $10k of debt, mostly buying "useless" things that made life fun, like ordering in, etc. Now I make 4x what I used to and the debt is trivial to pay off. Debt also makes sense when money is worth more to you now than later.
- imgabe 11y agoMoney is always worth more now than later. That's why when you pay back money later, you have to pay back more than you borrowed (among other reasons).
- lotsofpulp 11y agoNot in the case of negative interest rates.