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2025-08-02 18:38:38 UTC

ArmchairEconomist on Nostr: When a person walks into a car dealership or bank & says "This is my salary, how much ...

When a person walks into a car dealership or bank & says "This is my salary, how much can I borrow for a car, a house, or school loan?"

Then you are a lamb walking into the lions den. You are garunteeing that you will be living paycheck to paycheck for the next decade.

Stop getting ripped off. Only borrow the least amount of money. Better yet, save up the money, then buy. Get a free ride scholarship. Join the military to get the GI BILL. Ask your employer if they will pay for your college.

I'm here, trying to help you. Debt is slavery. Pass this on.