It's something I struggle with. I decided to debt snowball it by plowing an extra $500 per month into my debts. It's essentially Dave Ramsey's advice, ignoring his dumb-ass #bitcoin opinions.
Ironically, his Financial Peace University influenced my decision the most. He said something like:
It's dumb to earn 10% in the stock market, and have thousands of dollars in a savings account that pays 0.01% interest market if you pay 30% on credit card debt.
Back when I watched the videos, I already saw bitcoin go from $200 to $600 and thought about it.🤔
Well...yeah, but what if my savings account pays 50% or 100% per year? Who's the slave now? The borrower or the lender? I think we know the answer.
Marc26z
npub1ma…tf3g0
2025-03-25 13:04:36
in reply to nevent1q…lgk2
Author Public Key
npub1marc26z8nh3xkj5rcx7ufkatvx6ueqhp5vfw9v5teq26z254renshtf3g0Published at
2025-03-25 13:04:36Event JSON
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"content": "It's something I struggle with. I decided to debt snowball it by plowing an extra $500 per month into my debts. It's essentially Dave Ramsey's advice, ignoring his dumb-ass #bitcoin opinions.\n\nIronically, his Financial Peace University influenced my decision the most. He said something like:\n\nIt's dumb to earn 10% in the stock market, and have thousands of dollars in a savings account that pays 0.01% interest market if you pay 30% on credit card debt.\n\nBack when I watched the videos, I already saw bitcoin go from $200 to $600 and thought about it.🤔\n\nWell...yeah, but what if my savings account pays 50% or 100% per year? Who's the slave now? The borrower or the lender? I think we know the answer.",
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