Okay, Dave Ramsey. In all seriousness, debt is a financial tool and it's very useful. Why would you pay $250k for a house when you can pay $50k right now and use that remaining $200k to have you make money while you pay like $7k a year? Most yield systems will give you like 5%-8% in tradfi. There's a lot of defi these days that lets you get a lot higher: 10%-15% or so if you're safe and all kinds of varying degrees higher if you're willing to take risks. Sometimes you can even get like 90%. I can never understand how some people trust that shit though.
Okay, Dave Ramsey.
In all seriousness, debt is a financial tool and it's very useful. Why would you pay $250k for a house when you can pay $50k right now and use that remaining $200k to have you make money while you pay like $7k a year? Most yield systems will give you like 5%-8% in tradfi. There's a lot of defi these days that lets you get a lot higher: 10%-15% or so if you're safe and all kinds of varying degrees higher if you're willing to take risks. Sometimes you can even get like 90%. I can never understand how some people trust that shit though.
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