Thread: MBCBP
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Old 05-22-2024 | 06:38 PM
  #96  
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FangsF15
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Originally Posted by Verdell
All valid and reasonable. I guess my point is that sometimes lack of liquidity can be helpful. If cash is harder to access, it's harder to spend haphazardly. I'm certainly not attempting to argue against mathematically correct and/or disciplined approaches. I would say that taming the impulse of spending by immediately directing discretionary cash to pay down debt can be, and often is, helpful.

That’s fair. I guess I have a bias, as I’m always surprised at the number of commercials for debt and IRS help. It can be a hard hole to dig out of, I’m sure.
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