Stay Out of Debt

[thereallegend]

It’s not worth it. Only use as a last resort.

 

[9Romance]

It’s not worth it. Only use as a last resort.

water is clear

 

[Manletmachine]

water is clear

come on bro he's carrying moneymaking and success rn

 

[Chico]

Yeah. Got in some credit card debt because I was depressed and reckless. Now I have to pay it all back and spend very little. You really are just borrowing from your future self lol. Same concept as calories.

 

[thereallegend]

the 99% can only get ahold of debt with a 20-30% interest rate

there's no investment that'd outpace that

 

[Deleted member 32487]

the 99% can only get ahold of debt with a 20-30% interest rate

there's no investment that'd outpace that

20-30% interest rates holds true for credit cards. Mortgages can often be a good investment, especially if it was an asset you were planning on renting out. Mortgage rates right now are ~7.5% currently.

 

[thereallegend]

20-30% interest rates holds true for credit cards. Mortgages can often be a good investment, especially if it was an asset you were planning on renting out. Mortgage rates right now are ~7.5% currently.

That plus student debt from the government which is like 5.5% now.

 

[thereallegend]

Mortgages can often be a good investment, especially if it was an asset you were planning on renting out. Mortgage rates right now are ~7.5% currently.

You'd have to rent it out for 7.5% plus inflation, which is 4% in America. Keep a little bit of profit. Rent it out at 15% extra what you paid for it

 

[Deleted member 31155]

what if ur european

 

[thereallegend]

what if ur european

enjoy your free college, free healthcare

 

[Deleted member 31155]

enjoy your free college, free healthcare

i need a debt though

 

[thereallegend]

i need a debt though

for what

 

[Deleted member 31155]

for what

to be rich

 

[TUSSELEIF]

I need to delete klarna that shit has ramped me up so much debt, I’ve been too reckless and impulsive. Has made me unable to pay other bills like hospital and phone fuck

 

[thereallegend]

to be rich

okay what's ur credit score

 

[Deleted member 31155]

okay what's ur credit score

zero i dont have any

 

[thereallegend]

I need to delete klarna that shit has ramped me up so much debt, I’ve been too reckless and impulsive. Has made me unable to pay other bills like hospital and phone fuck

buy now pay later is only good with 0% apr

 

[thereallegend]

zero i dont have any

then you don't qualify for ANY loans

 

[Deleted member 31155]

then you don't qualify for ANY loans

how do i get credit scores?

 

[thereallegend]

how do i get credit scores?

please quit fuckin with me man