One of Half\u2019s money wisdoms is that if must, and if option, then spread any debt charges across several cards, and avoid money = mass, as in accumulation, that turns into a tumor. <\/p>\n\n\n\n
Because that\u2019s what big debt \u2013 a Gorilla of Foolishness \u2013 actually is \u2014 a terminal cancer on personal finances. <\/p>\n\n\n\n
Half\u2019s approach is, first \u2013 avoid debt. Half avoids debt so hard that Half borrows from Half before Half borrows from BigBiz \u2026 Half saves big chunks, then uses same big chunks as collateral for personal loans to pay off \u2026 whatever \u2026 and then Half pays Half back what Half borrowed from Half.<\/p>\n\n\n\n
Genius. Apart from that initial mistake of \u201cI do\u201d \/ \u2019til death, I suspect Half is actually brilliant.<\/p>\n\n\n\n
BUT! If Half needs to feed Half\u2019s debt monkey \u2013 for whatever reason \u2013 Half will use five different credit cards and spread the debt all around the Credit Circus \u2026 a debt monkey buffet<\/em>, as it were \u2026 and circumvent money = mass, i.e., accumulation. Also get that psychopop of big spending with a low balance \u2026 $10K on 3 cards = $3K+ per card, rather than 1 card with a 5-figure balance, and a low balance is \u2013 mentally \u2013 more manageable.<\/p>\n\n\n\n Half recently spend $10K+5K+5K for house stuff, spread over four cards, and in two months had already knocked out one with the other three all at different but single-month payroll levels. <\/p>\n\n\n\n In less than six months, Half will have managed to drop all the balances to under $1K a piece. <\/p>\n\n\n\n See? The Tao of Half \/ Dispersal Approach \u2026 an Aerosol of Debt \u2026 a Spray of Credit \u2026 a Spritz of Monkey \u2026 a delicate Eau de Poo … sublime<\/p>\n","protected":false},"excerpt":{"rendered":" One of Half\u2019s money wisdoms is that if must, and if option, then spread any debt charges across several cards, and avoid money = mass, as in accumulation, that turns into a tumor. Because that\u2019s what big debt \u2013 a Gorilla of Foolishness \u2013 actually is \u2014 a terminal cancer on personal finances. Half\u2019s approach … <\/p>\n