How I Think About Debt
As debt increases, you narrow the range of outcomes you can endure in life.
Debt trades away future optionality for accelerating the present desire. Accelerating a nascent desire is not worth the trade most of the time.
As debt increases, you narrow the range of outcomes you can endure in life.
Debt trades away future optionality for accelerating the present desire. Accelerating a nascent desire is not worth the trade most of the time.