Rationalizing Debt
I like nice things. Many people like to own nice things, and when they do buy them, they buy them on credit. For years, my rationalization was: I am going to buy it eventually , so I might as well have it now. How wrong was I!?
I like nice things. Many people like to own nice things, and when they do buy them, they buy them on credit. For years, my rationalization was: I am going to buy it eventually , so I might as well have it now. How wrong was I!?
Throughout university, I lived a little bit past my means and managed to accrue a nice chunk of debt by the time I was finished. My co-blogger had found himself in a similar situation. Here is the story of how our perspectives on finance has changed.