Hi John, I saw your post mention this platform and thought I’d give it a gooo!
My faith in Twitter hit rock bottom last night. Not a social media fan boy at the best of times. Just seeking the occasional stimulating discussion.
I’m 55, and lived through several doom and gloom era’s to date. Best make like a squirrel and store some nuts in the good times, to savour in the bad. Paid off our house last year. Only one other couple we know has done the same, whereas several have lost all or drowning in debt from not being the squirrel. 🤷♂️
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Good to know and glad to hear about your success.
Debt is poison.
I am currently getting out (I only have so called “good debt”, but I think all of it makes you a slave).
I think this app is good because it is (supposedly at least) censorship proof and censorship will probably be one of the defining issues of our time.
I agree that debt is slavery, but so is govt fiat. Saving in govt paper means being hit hardest by inflation. Saving in any other asset that is held or managed by some institution, means what you think is yours may not be when push comes to shove. And carrying gold across borders rarely works out well. Stacking some Bitcoin & storing your own keys is more important than getting completely out of any debt you can comfortably afford to service.