DISQUS

Christopher S. Penn's Awaken Your Superhero: Bad debt, good debt, and the great financial lie

  • Dan · 11 months ago
    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.
  • JonathanBrowne · 9 months ago
    Thanks for this great article.