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Maybe good advice for the undisciplined, but burrowing with interest below inflation rates is a no brainer if you have some accounting skills.

516add19... 1y ago

Debt is never a good thing.

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🐉AT ₿01 1y ago

Cash flowing debt ain't bad

👆this is correct.

Wealthy people know this. Debt is not a bad thing. There is good debt.

Mismanaging debt is a bad thing. Floating interest rate debt is a bad thing. Credit card debt is a really bad thing.

516add19... 1y ago

Debt is immoral regardless.

Usury is immoral for sure.

516add19... 1y ago

Any debt is a negative.

🐉AT ₿01 1y ago

Imagine you have debt on a duplex you have a loan on but after all the bills are paid you are left with a monthly positive 500$. How Is the debt on said duplex a bad thing?

516add19... 1y ago

Its not about how much youre left with

with. Its about principal. Debt is wrong. Dont owe.

🐉AT ₿01 1y ago

Cash flow buys sats, business creates tax write offs.

516add19... 1y ago

Debt is bondage.