Credit and debt

Buy now pay later

So many have debts

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Pay and pay, and pay

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All their lives in fact

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Never get in front, never win

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And then interest rates go up

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Ouch!

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What about the idea of not buying if you cannot afford something?

Credit tends to get out of hand

Funnily enough if you only buy what you can afford to pay for in cash you have different worries

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You do not have all the toys that credit can buy

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But then again you have no end of month stress about how to pay the interest or principle

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Thought for the day

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Do you really want to live in debt for the rest of your life?

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Might be nicer just to be poor without illusions