Indeed, the borrower is slave to the lender, he doesn't even own what he has, and by the time he does own it, he's paid an incredibly foolish amount. I stopped "American Dreaming" when I realized that dream was a nightmare and decided to come up with a dream of my own! Great article!
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Thanks Papa! You are right. Prevention is better than finding a cure. Financial literacy is lacking amongst Americans.
We go to college and study all kinds of subjects, but most are not taught how to manage their money.