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"People rarely spend exactly what they earn, exactly when they earn it. With savings, we pass today's earnings to the future. With credit, we pull expected future earnings into today."

Added in Wisdom

2 comments

  • tinman97030

    tinman97030 11 years, 5 months ago

    credit cards are so dangerous and seductive. We are led to believe we CAN have it all now. What so many wind up with is broken health and finances and sometimes relationships. It is not worth the pain. thanks for the mint Glen.

    Reply

    • glen

      glen 11 years, 5 months ago

      I wish 30 year old Glen could grab 20 year old Glen by the collar and shake him around a bit on this topic. Would have done me wonders :)

      Reply