Timescales are a bit off for that rule though. People are generally better off i... | Hacker News

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Thrillington on March 16, 2017 | parent | context | favorite | on: Anthony Bourdain on not having debt

Timescales are a bit off for that rule though. People are generally better off in a few years from now, unless they've been paying that extra prosperity to as monthly interest on their debt.

mdpopescu on March 16, 2017 [–]

If the interest is larger than the entire gain, sure. However, most people don't do that as far as I can tell from looking around me.

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