Repos and Debt Reduction

Taxi CabThe other day I was driving home from work, and I saw a bumper sticker that read:

“One more repo, and I’ll be debt free!”

I laughed.

It reminded me of a TV skit I saw years ago. This guy would hold up his thumb in front of his face, so couldn’t see his roommate and thus ignore the roommate. Basically he was suggesting that because I can’t see you, you’re not here. At the end of the skit, the roommate starts doing the same thing back. Then the first guy says, “If we keep this up for another month, we can live here rent free.”

As with that TV skit, after laughing at the bumper sticker, I then thought, “Man that is really flawed logic.” Then I felt kind of sad for the guy driving the car, because in reality he’s probably in a pretty stressful situation.

Lack of debt is well worth the cost.

Posted on October 8th, 2010
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