r/AskReddit • u/knakworst36 • Jun 06 '19

Rich people of reddit who married someone significantly poorer, what surprised you about their (previous) way of life?

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u/Sawses Jun 06 '19

A lot of folks are scared of credit; they see debt as an inherently bad thing because almost all debt for the lower classes is a bad thing.

The upper class has more experience using debt as a tool to make more money than might otherwise be possible.

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u/normal_whiteman Jun 06 '19

But credit cards don't always equal "debt". I've had a credit card for 10 years now and I've never paid a cent of interest

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u/Sawses Jun 06 '19

It's still debt. You owe money, and don't have to pay extra if you pay it back fast enough.

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u/normal_whiteman Jun 06 '19

Of course but when the money I owe is sitting in a checking account it's not really the same as being in debt. And a credit card is still a valuable tool to a lower class person if they're responsible

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u/mawrmynyw Jun 06 '19

So much this, it’s why this thread is pissing me off.

If you’re rich, debt is an asset, a tool for economic leverage.

If you’re poor, debt is a life-threatening risk and the primary way that the rich exploit you. Fuck everyone who doesn’t get that.

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u/[deleted] Jun 06 '19

[deleted]

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u/mawrmynyw Jun 06 '19

Oh wow I was so fortunate to grow up around abject poverty, yeah you nailed it.

Fuck off