03-17-2009, 05:40 PM
|
#34
|
|
Professor
Join Date: Nov 2008
Location: the edge of the abyss
Posts: 1,947
|
Quote:
Originally Posted by Beestie
Saving it is actually the same thing as spending it. In the long-run, its better. When savings go up, the cost of credit goes down which leads to more investment which leads to... you get the pic.
And paying down debt is economically similar to saving.
|
And smarter.
|
|
|