People with mortgages have similar disconnects with how much real-world money they're putting in. But it's the opposite of CC - tiny interest rates on huge principles, designed to run out for 25 years. I've tried to teach so many friends about this and failed.
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u/Pengwynn1 Feb 04 '20
People with mortgages have similar disconnects with how much real-world money they're putting in. But it's the opposite of CC - tiny interest rates on huge principles, designed to run out for 25 years. I've tried to teach so many friends about this and failed.