08 November 2015

Debt Seen By Most as Harmless

There has been a study done that shows a correlation between a person's credit score and his or her ability to be in a committed relationship.

I have no idea what my credit score is, but I am fascinated by how many people are obsessed over the number as if their ability to pay a debt is very important.

I believe the reason why so many people believe they must get a good credit score is because they believe that it is inevitable that they will go into debt in their lives, and if they are going to go into debt anyway, why not pay a lower interest rate by having a good credit score?

All this underlines how successful banks are in duping people into believing that they absolutely must go into debt. Most people today see debt as a normal part of living.

I see it different. Debt is a promise by you to pay someone in the future. You are binding or enslaving your future self. It is an act that goes against personal freedom.

Of course, you consent to debt, but think about how you thought and behaved ten or twenty years ago. Chances are it is nothing like how you behave today. As humans we change. When you think about who you are today and who you will be decades into the future, we may as well be talking about completely different people.

The credit score is a measure of how good of a slave you are, how well you can submit and grovel at the feet of the powerful. A high credit score is nothing to be proud of, in my opinion.

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