Published: Thursday, Nov. 21 2013 3:10 p.m. MST
Instead of replacing eight pieces of plastic with one how about replacing all
pieces of plastic with just one phone?
Great! Another way to more conveniently and efficiently build up debt. Some
observations regarding credit.1. Interest never rests. It's
with you from the point of purchase till you pay it off. The price often ranges
from high to usurious. It's all too easy to get a loan . . . or 12.2. Spending more than you earn is a type of consumer speculation. How
can we expect the government to avoid debt if we, the constituents, don't.
Debt seems to be a way of life nowadays.3. We should strive to live
within our means and have a little put away for emergencies. An old saying is
"Use it up, wear it out, make it due, or do without." We could learn a
thing or two from elderly people who lived through the Great Depression.4. There is a certain satisfaction and security that belongs only to
those who pay as they go.Although I'm not nearly perfect at
practicing these principles, my life has run smoother and I have felt more true
material security the closer I live them. Just some thoughts.
This is a great thing for those who frequently travel for work and rely on
company and rewards cards for all expenses.
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