Is there really a difference between good debt vs bad debt? It seems like the older I get the more debt I have. 31 is just around the corner and between the house and the car plus paying off some bills I seem to have nothing at the end of the month. Sure I seem to get by, but it sure is a struggle from month to month.

Now let me clarify….I do not live below the poverty line and yes I driver a Mercedes. But it all comes at one large cost….DEBT. The more we make the more we spend. Was it not the wise Notorious B.I.G that once said and i quote “more money more problems”? Funny how right you were Mr Wallace. This is still a concept that many of us struggle with today.

Now I am not saying that I have any solutions to your debt issues, just a few suggestions. We could all start by getting rid of the credit cards! This is a big F*** you to visa and AMEX. Shame on you bastards for handing out this plastic crap to consumers so that we can swipe the stripe. Second thing we could probably do is put away roughly 10% of your gross earnings. Thats right 10%…really in the large picture would it kill you to dump a few hundred dollars a month into some sort of fund. Or for you weirdos that are afraid the sky is going to fall, shove the money under your matress and dont touch it. Third thing…maybe do not eat out as often. The amount of cash we blow in North America to eat at restaurants is astounding!

For everything I have mentioned above….F*** it I still like doing what I want to do when I want to do it. So on that note I guess Debt is my friend.

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