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by moonchrome 3803 days ago
>It's a funny way to represent it, but there is one person missing from that cartoon. The person that refuses to go into debt, saves until they have the money to spend on whatever it is they want to buy.

There's another person missing from that picture - a person who has debt and has positive net worth.

Honestly debt is not a boogeyman, it can be very enabling and given the current economic situation, interest rates and economic outlook people saving are going to end up on the losing side in the long run.

1 comments

It looks to me as if several people in that cartoon have debt but a positive net worth.
Yeah true (and the point actually) I was responding to OP who was talking net worth and got confused I just bunched all those people in comic into negative net worth :D