I agree with you on the math...yet I've seen so many people with TONS of monthy payments, from car to Netflix to wine deliveries...and they quickly "use up" their paychecks so nothing is left. Staggering really...

There is a tremendous amount of discretionary spending in today's society--and trimming back on those expenses is the easiest path to financial success.

Unfortunately, very few choose to do so...

Reply to this note

Please Login to reply.

Discussion

Credit cards and buying with money you don't have is the problem, agreed. You can never get wealth this way. But taking free money to make money is the way if you already have some.