this post was submitted on 14 Jan 2024
657 points (98.2% liked)

People Twitter

5230 readers
475 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a tweet or similar
  4. No bullying or international politcs
  5. Be excellent to each other.

founded 1 year ago
MODERATORS
SendMeYourTaTas@sh.itjust.works
pelespirit@sh.itjust.works
657
The wealthy (lemy.lol)
submitted 10 months ago by King@lemy.lol to c/whitepeopletwitter@sh.itjust.works
54 comments fedilink hide all child comments
 

https://mastodon.social/@FluentInFinance/111754405817875275

you are viewing a single comment's thread
view the rest of the comments
[–] Darkaga@kbin.social 5 points 10 months ago

The current loan gets rolled into the next loan and becomes a revolving door of credit. As long as you don't spend faster than the assets appreciate you'll always end up ahead.