Comments on: Bad debt, good debt, and the great financial lie http://www.christopherspenn.com/2008/11/25/bad-debt-good-debt-and-the-great-financial-lie/ Fri, 19 Mar 2010 10:58:55 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: JonathanBrowne http://www.christopherspenn.com/2008/11/25/bad-debt-good-debt-and-the-great-financial-lie/comment-page-1/#comment-3682 JonathanBrowne Sat, 17 Jan 2009 14:50:51 +0000 http://www.christopherspenn.com/2008/11/25/bad-debt-good-debt-and-the-great-financial-lie/#comment-3682 Thanks for this great article. Thanks for this great article.

]]> By: Dan http://www.christopherspenn.com/2008/11/25/bad-debt-good-debt-and-the-great-financial-lie/comment-page-1/#comment-3594 Dan Tue, 25 Nov 2008 13:55:33 +0000 http://www.christopherspenn.com/2008/11/25/bad-debt-good-debt-and-the-great-financial-lie/#comment-3594 Whenever someone enters into a borrower-lender relationship, something changes. The lender is in a position of power, and the borrower is in a submissive position, being required to pay the lender back.<br><br>There is a proverb that states, "The borrower is slave to the lender."<br><br>For this reason, I don't believe any debt could be good, and I am going to do everything within my power to get out of debt and make sure I don't go back into it. Whenever someone enters into a borrower-lender relationship, something changes. The lender is in a position of power, and the borrower is in a submissive position, being required to pay the lender back.

There is a proverb that states, “The borrower is slave to the lender.”

For this reason, I don't believe any debt could be good, and I am going to do everything within my power to get out of debt and make sure I don't go back into it.

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