PricklyPete
Lifer
- Sep 17, 2002
- 14,714
- 164
- 106
$250k guy is fundamentally retarded. He has more credit card debt than he's admitting (even that which he admits to is stupid--$8k credit card debt is dumb. He has more than enough money to pay that off. No wealthy person carries any balance--and certainly not $8k. what a dummy), has an idea that he "needs" 4-5 times the money that $1mil guy needs, but no current plan, let alone a foundation to get there.
I agree. While it might be true that he only has 8k in cc debt right now, I have a feeling that number swings wildly since "all of his money is on play". That smacks of someone who will get into a cash flow crunch as soon as the economy dips that can potentially destroy his house of cards.
Of course, with luck, he might also become Donald Trump.