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| View Poll Results: bet the flop? | |||
| bet out? |
   
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8 | 47.06% |
| check and see? |
  
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9 | 52.94% |
| Voters: 17. You may not vote on this poll | |||
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#81
04-09-2005, 12:22 PM
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Re: How much debt do you have?
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I think taking on some debt because you don't make a lot of money now but will be making a lot of money in the future is fine. You have to enjoy life. The people who read Rich Dad, Poor Dad or The Millionaire Next Door and think that those books describe lifestyles which will make someone happy are delusional. But there are limits to everything of course. Debt can be crippling, but there are times where it is worth it simply to make your life more enjoyable. [/ QUOTE ] Good post. Lawrence 
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#82
04-09-2005, 12:43 PM
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Re: How much debt do you have?
[ QUOTE ]
I think taking on some debt because you don't make a lot of money now but will be making a lot of money in the future is fine. You have to enjoy life. The people who read Rich Dad, Poor Dad or The Millionaire Next Door and think that those books describe lifestyles which will make someone happy are delusional. But there are limits to everything of course. Debt can be crippling, but there are times where it is worth it simply to make your life more enjoyable. [/ QUOTE ] Yup. In economics this is called consumption smoothing, which explains why it's ok to pursue medicine or law or any other expensive education.
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