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Old 05-31-2006, 01:32 PM
slimcustomer slimcustomer is offline
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Default Re: Why do so many of the 'Personal Finance' threads...

Quote:
Originally Posted by debtfreesteve
"revolve" around finding the best rates on credit cards, or concern the use and management of borrowed money.

Am I the only person on this board that sees a problem with this?

I guess I'm Crazy for thinking this, but I've realized over the past 3 years, that the object of personal finance, is to increase our net worth, and the less I paid the bank, either in lump sum monthly, or in payments, the wealthier we have become.

Just curious to see if anyone else here felt the same way, not trying to be argumentative, at all.
When you borrow at a lower rate than you invest at, you are increasing your net worth. You can do this with quite little risk or you can be an outright gambler. The former deserves more discussion than the latter IMO.
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