Jan 20, 2023
9:43:57am
Tokolosh All-American
I think you underestimate the ability to roll debts forward and the length of time they can be delayed…
With payments being minimized. Of course this can be impacted by the scale of living above your means and the extent to which you are wasting money versus also having a way to recover some of that spend. you can’t really recover the spend on a fancy vacation. But an asset, even a depreciating one, can still have value when you eventually sell or even trade it up.
Tokolosh
Bio page
Tokolosh
Joined
Jun 9, 2004
Last login
May 25, 2024
Total posts
60,718 (5,674 FO)
Messages
Author
Time
1/20/23 9:39am

Posting on CougarBoard

In order to post, you will need to either sign up or log in.