The only thing the attached article lacks is the concept of personal responsibility. If you spend outside your means, “it means that you are heading for trouble.” and you will need to own up to it. Blaming your employer for pressure to spend your money and incur debt “like others” at your office is a cop-out.
However, the author’s other key points have merit; debt is a useful and totally valid weapon in ones personal finance arsenal. However, like any weapon, leverage needs to be used wisely (and sparingly). If you are inexperience in handle debt than seek the advice of those experienced in managing debt. Would you sit in the cockpit of an airplane and take-off alone without any training? Doubtful…
http://finance.yahoo.com/career-work/article/113023/wage-slave-leverage-work
http://www.moneyandhappiness.com
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