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<blockquote data-quote="FlatTopPete" data-source="post: 321128" data-attributes="member: 7280"><p>I understand the whole thought process behind “enjoy your money and life is short”. Honestly I do. But I also know there’s a lot of guys out there that live in a $500k house, and have a $70k diesel pickup pulling a $45k camper with a $70k boat behind it. All of it financed. Those people survive by living paycheck to paycheck. </p><p>And their kids are the ones taking out $150k student loans to get a useless degree that pays them $30k a year.</p><p></p><p>You don’t get anywhere in life by taking out a bigger loan to pay off the first loan you took out on something you couldn’t afford in the first place.</p><p></p><p>Tell me where my thought process is wrong here.</p></blockquote><p></p>
[QUOTE="FlatTopPete, post: 321128, member: 7280"] I understand the whole thought process behind “enjoy your money and life is short”. Honestly I do. But I also know there’s a lot of guys out there that live in a $500k house, and have a $70k diesel pickup pulling a $45k camper with a $70k boat behind it. All of it financed. Those people survive by living paycheck to paycheck. And their kids are the ones taking out $150k student loans to get a useless degree that pays them $30k a year. You don’t get anywhere in life by taking out a bigger loan to pay off the first loan you took out on something you couldn’t afford in the first place. Tell me where my thought process is wrong here. [/QUOTE]
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