Will your condescending or you're incompetent you spent half of that post very long-winded verbose unnecessary posts explaining something to me that you didn't need to explain.
Let me know when you want to address what I said, instead of
claiming I didn't need to explain something rather than
demonstrating it.
Unless of course you want to pretend that it's more complicated than it is
I want you to use facts and data, not just assert that debt is debt and it's bad end of story. Prove it.
I asked if you ever bought a car...
I didn't need to borrow the money because I already had it. I don't live above my means so I don't need to float float $35,000 credit card debt
First, I hope no one buys cars on credit cards.
As far as your car.
Let's walk though this. Let me show you how borrowing $8000 for car
can be better than saving for it.
Now, let's say you don't have a job, any money or a car.
But what you do have is a marketable skill and good credit.
So without $8000 to buy your car, how do you earn $8000? And when I say you, I don't necessary mean
you, I want you to think of an average person.
How many good paying jobs are there close by? For most people, there aren't many, so now you'd have to arrange alternative transportation, for most people that means spending money. When I went into DC the train cost $280 a month.
So instead of buying a car on credit, you limit your opinions to take a job you can reach without a car, and incur whatever expense to get there. Now, look, maybe you live and work on a farm, good for you, but that's not the case for the vast majority of people, nor is it realistic to expect that each person shouldn't go into debt.
For most people we drive to work because the cost of doing so is outweighed by the extra money we can make traveling to work. Thus not taking the loan to buy a car, could cost you earnings and time. Decrease your standard of living all because you think that having debt or paying interest is bad by definition. So most of us finance the car, our spending adds to the economy, drives demand and creates job opportunities. In the end we own the car and now have something of value would could sell, or we can use to go to the store, the doctor, the gym and work.
Thus incurring debt can be a net positive for a person buying a car and refusing to buy the car can cost you opportunity and income.
I don't think I'm within a thousand miles of a Subway so no unless you're talking about the sandwich shop
You think my posts are verbose now, if I have to explain everything to you it's going to get worse. Even if you've never seen or ridden a subway in person, you know they exist and how they work, right?
Typically big city works like that get government funding.
No idea what that means.