03-02-2009, 01:57 PM
Agreed, Queenie. He said it's all "common sense" in the beginning of the book, and he's right. It's stuff we all know, but at the same time, as a society we've all just been indoctrinated to believe that credit card debt, car loans, and even mortgages are just the way you live. Seeing the economy completely crash because credit dried up really opened my eyes to the danger of "normal credit", so I'm intrigued by the concept of completely eliminating it!
We're personally not doing his plan because we're wondering where our next meal is coming from. We read "zero debt" and the light bulb went off, and we thought "Well DUH!" It's a fascinating principle!
We're personally not doing his plan because we're wondering where our next meal is coming from. We read "zero debt" and the light bulb went off, and we thought "Well DUH!" It's a fascinating principle!