From a first principle perspective, all debts are bad, even if it is at 0% interest rate. Period. A definition of debt is something that does not raise your wealth and does not give you money month on month. In other words, a debt reduces your wealth. A borrower is enslaved by the debt.
Debts
Debts
Debts
From a first principle perspective, all debts are bad, even if it is at 0% interest rate. Period. A definition of debt is something that does not raise your wealth and does not give you money month on month. In other words, a debt reduces your wealth. A borrower is enslaved by the debt.