A note from Daniel

Conclusion Part III: Use debt wisely. Respect its power, but fear its edge. Remember, the more you borrow, the less room you have to weather life's storms. While debt might seem cheap in the moment, the future often proves it to be more expensive than we imagined. The more you borrow, the less room you have to deal with uncertainty. Debt can give you leverage, but it can also take away your freedom. Respect its power but fear its edge.

Daniel The Great Mental Models, Volume 4, page 135 · December 23, 2024 Save to shelf
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