Andy Spears
Jul 9, 2023

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YES - thank you for illuminating this. Huge to understand. Going into debt is playing into a finance game where the borrower is destined to lose. The odds are designed to ensure the bank (the house) always wins. Sure, you MIGHT be the rare one who plays the debt game and doesn't get trapped, but the bank has money and you don't for a reason.

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Andy Spears
Andy Spears

Written by Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .

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