The credit cycle
Borrowing brings spending forward from the future. Watch what that does on the way up, and on the way back down.
For educational purposes only. Simplified illustrations for self-led learning: explore at your own pace, in any order, and use the numbers you choose. Nothing here is based on your circumstances, so it is not financial, investment or tax advice, and not a recommendation.
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What's inside
- One person's spending is another person's income
- Debts are fixed in size; incomes are not
- The burden keeps rising after borrowing has stopped
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