He's not wrong.
In 1993, I did away with all my credit. In 2008, I did away with banking, because I didn't trust them not to disappear all my money they were holding like they did during the Great Depression... and, I was really, REALLY tired of them just dipping their grimy paws into MY money and helping themselves, which they were already doing at the time. My house and land are paid for (except of course taxes, which are just a recurrent theft the government does to "allow" me to "own" what I already own - it's a scam, I tell ya!), and my car is paid for. Sure, it's 16 years old, but it's PAID FOR, and it runs - what more could a man want?
For most of my life after 1983, instead of going into debt for a car, I bought "beaters" for $400 to maybe $600 ir $700, sometimes as little as $125 or $150, paid cash, drove 'em until the wheels fell off, threw them away, and went and bought another "beater". I called them my "BIC lighter cars", because cars were a disposable commodity to me. At prices like that, I always kept at least two cars handy and in running condition, so that when one gave up the ghost I had an immediate replacement to drive out to buy the next replacement.
Cars are just a tool to get me to where I need to go - they don't have to be fancy, they don't have to be pretty, they just have to go. I don't need to paint one red so that it'll go faster.
And that is how we get by on next to nothing, I believe anyone could do it if I could, but a lot of folks are entirely hung up on spending money they've not earned yet and don't have yet on things they don't need, so they just keep on digging that debt hole deeper until the time comes when they can't climb back out of it, and eventually die down there. Going in debt is, essentially, digging your own grave, and paying some banker exorbitant interest rates for the privilege of doing so.
.
In 1993, I did away with all my credit. In 2008, I did away with banking, because I didn't trust them not to disappear all my money they were holding like they did during the Great Depression... and, I was really, REALLY tired of them just dipping their grimy paws into MY money and helping themselves, which they were already doing at the time. My house and land are paid for (except of course taxes, which are just a recurrent theft the government does to "allow" me to "own" what I already own - it's a scam, I tell ya!), and my car is paid for. Sure, it's 16 years old, but it's PAID FOR, and it runs - what more could a man want?
For most of my life after 1983, instead of going into debt for a car, I bought "beaters" for $400 to maybe $600 ir $700, sometimes as little as $125 or $150, paid cash, drove 'em until the wheels fell off, threw them away, and went and bought another "beater". I called them my "BIC lighter cars", because cars were a disposable commodity to me. At prices like that, I always kept at least two cars handy and in running condition, so that when one gave up the ghost I had an immediate replacement to drive out to buy the next replacement.
Cars are just a tool to get me to where I need to go - they don't have to be fancy, they don't have to be pretty, they just have to go. I don't need to paint one red so that it'll go faster.
And that is how we get by on next to nothing, I believe anyone could do it if I could, but a lot of folks are entirely hung up on spending money they've not earned yet and don't have yet on things they don't need, so they just keep on digging that debt hole deeper until the time comes when they can't climb back out of it, and eventually die down there. Going in debt is, essentially, digging your own grave, and paying some banker exorbitant interest rates for the privilege of doing so.
.
“Trouble rather the tiger in his lair than the sage among his books. For to you kingdoms and their armies are things mighty and enduring, but to him they are but toys of the moment, to be overturned with the flick of a finger.”
― Gordon R. Dickson, Tactics of Mistake
― Gordon R. Dickson, Tactics of Mistake