3 ms·
If I go into debt that year does that mean the fine gives me money?
by hackerblues 16y ago
If I go into debt that year does that mean the fine gives me money?
- redthrowaway 16y agoI'm not an expert, but I don't believe debt reduces your net worth. Irresponsible use of that debt does, but if I borrow $250k to buy a house, the value of that house offsets the debt. It's a wash in the end, is it not?
- hugh3 16y agoWell obviously the grandparent should be read as "If my net wealth decreases over a year then should the fine give me money?"
- jarek 16y agoIn Soviet Sweden, the fine pays you. /ducks