This is a fairly good summary of some of the things we think we know, but probably don’t.
Of them, the main one I disagree with is: Debt is Bad (myth). Actually, it *is* bad. Sure, you need it to build credit, as I’ve discussed in my Credit After Bankruptcy article. But if you’re on this site reading up, just figure that debt is bad, savings is good, and you can live off of your paycheck and savings. If you can’t, you don’t need it.
The best invention ever was the debit card, where you use your own money.
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