Sometimes I look around and think I'm the only one that has never really financed anything. My SO and I have always saved until we could buy something outright so we don't have to pay interest. We paid for our house and cars. We have a couple credit cards, but we pay the balance at the end of the month.
My dad was just saying how you never hear anyone say "I'm saving up for...(whatever)" anymore and it's true. You hear "zero down" on every commercial and they make it way too easy for people to screw themselves financially.
Does anyone agree? Do you save til you can buy something? If not, why not? Is it because you really need it then or do you wish you would have waited? When my sister realized she signed a mortgage that was going to make her pay 3 times the purchase price of her house after interest she really wished she would have had a down payment or waited.
Answer by ria7 at 10:35 AM on Mar. 27, 2009
Answer by ria7 at 10:36 AM on Mar. 27, 2009
Answer by slw123 at 11:01 AM on Mar. 27, 2009
Answer by cat4458 at 4:26 PM on Mar. 27, 2009
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