There are Conformists, and there are Rebels.
The Conformist Majority says: “I have a 30-year mortgage, a 20-year second mortgage, a 10-year student loan and a 5-year car loan.”
“I’ll pay the minimum, and hold those debts for 30, 20, 10, and 5 years. After all, why deprive myself while I’m young?”
Worse, they’ll ask:
“How can I stretch these loans out even longer? A lower monthly payment means I can get granite countertops. Score!”
They tell themselves this is normal. And the scary truth is, that’s true. It IS normal.
But it ain’t right.