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    Taming the Debt Monster - Attitudes to debt for young players

    The 'old' professions (medicine, accounting, law, etc) are in a weird position these days. A generation ago you could become rich simply by becoming a professional. All the professional associations and bosses (most of whom came from those salad days) harp on about how stringent the professions'...
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    Taming the Debt Monster - Attitudes to debt for young players

    If you want to buy something badly enough, you'll always be able to find a justification for it. Problem is, buying depreciating items using debt debt is a slippery slope. You start with owing some money on your credit card from shopping and paying it off when it's due. Then you think 'it's only...
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    Taming the Debt Monster - Attitudes to debt for young players

    Avura, if I may ask. You’re capable of doing the calcs, so what possessed you to buy a $65k car (knowing that it depreciates 30% the moment you start it up) when you’ve already made the decision to become financially independent? Not being judgemental or anything: I’m just curious as to what was...
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