Quote:
Originally Posted by crockett
If you owe someone money you can not pay off at any given moment, it means you are owned by the debt holder. You might be able to make your payments with out struggle but you still have a price tag on your head.
How does that make you feel to be owned by a mortgage payment, car payment, credit cards, business loans, ect..ect? How many of you can live debt free and be self sufficient? Self sufficient meaning you can live your life with out acquiring debt to others?
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Distorting reality for your own needs doesn't make it real. It is nice that you don't like debt and have worked this up to this. Just don't expect others to buy in.
As a sometimes lender, knowing the other party cannot repay you doesn't make you feel like a master but someone who got suckered.