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77T · 1 December 2022, 12:16 PM

It isn’t necessarily a binary choice.

I’d add an aspect to a “quality of life” definition - build memories to increase happiness.

In times of rampant inflation, using debt to stay ahead - to have a great home for the kids - to have great vacations - to enjoy the toys - can help a family who has a healthy cash flow but less capital.

Later, when times cycle to low interest rates and stable pricing, re-fi the debt and pay it off. Invest when others are holding back.

It is how many have built wealth with OPM (other people’s money) - it does take grit and creative math.

1 December 2022, 12:16 PM	#44
77T 2024 ROLEX DATEJUST41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 40,736	It isn’t necessarily a binary choice. I’d add an aspect to a “quality of life” definition - build memories to increase happiness. In times of rampant inflation, using debt to stay ahead - to have a great home for the kids - to have great vacations - to enjoy the toys - can help a family who has a healthy cash flow but less capital. Later, when times cycle to low interest rates and stable pricing, re-fi the debt and pay it off. Invest when others are holding back. It is how many have built wealth with OPM (other people’s money) - it does take grit and creative math. __________________ Does anyone really know what time it is?