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Old 12-12-2007, 01:37 PM   #13
MTK
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Join Date: Feb 2004
Age: 52
Posts: 99,832
Re: F.... Keeping up with the Jones's

Quote:
Originally Posted by FRPLG View Post
Exactly. The number one trait of all millionaires in America is that they don't spend money.

Those who take on debt are in for some pain. Debt means you bought something you couldn't afford. If you can't afford it then don't buy it. Outside of a house one should almost never incur debt.
I agree, but I'll add education to the short list of "good" debt.
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