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<p>[QUOTE=&quot;SilverSurfer, post: 836943, member: 21603&quot;]As you said, you try to, but many don&#039;t want to listen. I&#039;m always telling people don&#039;t worry about investment, worry about paying off debt. Debts usually demand at least 14% interest or more. There aren&#039;t many investment you can make and get 14% guaranteed return. So, paying off debt is like reverse investment. </p><p>&nbsp;</p><p>I&#039;m always telling younger people to invest in themselves, education. The return from educating yourself vastly outperforms any material investment, and it can&#039;t be confiscated or taken away.</p><p>&nbsp;</p><p>Part of the problem with people spending is that they can&#039;t settle for 2nd best. Instead of buying a car for $10,000 that can get them around, they want the big luxury model or the nifty sports car. Something that cost $40,000 because at this time they can afford it...so why not? If they bought the car for $10,000, they could of saved all that money and bought their next car without even financing and saved even more money.&nbsp; But, who wants that crappy $10,000 car when they can have that luxury sports car?[/QUOTE]</p><p><br /></p>

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