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Old 10-26-2020, 12:42 PM   #16
curtintex
Pope & Young
 
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Join Date: Oct 2009
Location: Porter, TX
Hunt In: Tyler County
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Just as important as saving, is analyzing compound interest from a debt perspective. I guarantee you there are more TBHers with debt than there are with savings. Compound interest will absolutely kill you from a debt perspective. That **** works against you while you’re working, while you’re sleeping, while you’re on vacation, while you’re charging something else on that credit card or while paying $700k over 30 years for a $200k house. Before anyone worries about compound interest working for them, they should eliminate it working against them. In my humble opinion.


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