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this post was submitted on 14 Jan 2024
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I feel like I'm too poor to understand what happens between steps 2 & 3 without having a job. How are they paying the loans off? Where does that money come from? And if they have an income in order to pay the loan, why get the loan to begin with?
you take out more loans. as long as the interest you pay is lower than the gains you're making in the stock market or wherever, you're ahead and not paying taxes.