The Middle Class Has Mastered One Skill
Why borrowing from tomorrow is keeping you trapped
The middle class has become accustomed to the idea that the normal path in life is to reach 18 years of age, save enough to put a down payment on a financed car, and eventually put another down payment on a house to acquire a 30 year mortgage.
Although there is nothing inherently wrong with this path, it’s very limiting to your finances in your 20s and 30s. I’m not exactly sure when or where this “normal” path became the norm, but what I am sure of, is that thinking this is the only path to a normal life is a very dangerous idea to play with.
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