A point that was raised by Jeff Baker from Australia deserves some thought.
He observed that with cash as we know it on the way out and instant credit at our finger tips with credit cards, it is a lot easier to get into debt.
The sales mantra from one financial house reads:
"WE TAKE THE WAITING OUT OF WANTING"
Sounds just like the Serpent in the Garden of Eden.
The header I have used today is taken from a series of woodcuts from the Old Fleet in London, the notorious Victorian debtor's prison. Some of the inmates languished in their cell for years, kept there for some paltry amount.
The new debtor's cell is a little square box on your credit card statement called " minimum payment".
Give your credit masters the smallest amount that they require each month and you have a life-time sentence at The Fleet.
Incidentally, the people who pay off their credit balance every month are called by the bankers "deadbeats".
I advise you to become one.
Jubilate.
Ian
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