It’s true that wealthy use debt as a tool but the initial commenter is foolish.
They use “good” debt I.e.- mortgages, HELOCs to reinvest, security backed loans which is a way of getting cash for stocks tax free at low rates.
Credit card debt for grey market compounds is not the path to wealth. I can’t believe I had to type that
0% APR, and I never carry a balance of there wasLoans to buy assets or build businesses
Not buying drugs with a high APR credit card lmao