Quote:
Originally Posted by Vegas69
You know I agree with those ideals if the self discipline exists. You just have to make sure the risk is worth the reward. I'm in no way saying it's a bad play if your head is in the right place. I've just seen the personal finances of to many people.
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And in today's society we need instant gratification. The "McDonalds Effect" has taken over everything. We don't like waiting for anything. Combine that with credit cards and its no wonder so many people are drowning financially. But long as they look like they are well off.
I heard something awhile back, don't know if its true, but said something to the effect that if you are 100% debt free, and have $10 dollars in your pocket, you are actually richer than 80% of the people in the world. Don't know if that's true, but when you think about it, it probably is.