Looking for Financial Advice

[Beegs]

Originally Posted by GregWeld

You (not YOU personally - it's a rhetorical "you") have to be a complete moron to be 50 years old and taking out a 30 year $4,000 a month mortgage!! How are you EVER going to pay that off - let alone retire? Oh -- wait -- I know!! You're hoping like hell that it DOUBLES in price... good luck with that.

The answer is simple...most people don't "own" anything anymore and......THEY ARE COMFORTABLE WITH THAT. Different set of values, they don't lose any sleep knowing they are breaking a $4000 nut. Hell..everything they have is financed, right down to the toaster oven. Very sad but true.

I'm almost 40 and have never paid a dime in credit card debt, my vehicles are paid for, I buy what I can afford, I know a ALOT of people and I'm alone in the way I handle my finances...to the point where I have been made fun of....I must be doing something right.

[tones2SS]

Originally Posted by Beegs

The answer is simple...most people don't "own" anything anymore and......THEY ARE COMFORTABLE WITH THAT. Different set of values, they don't lose any sleep knowing they are breaking a $4000 nut. Hell..everything they have is financed, right down to the toaster oven. Very sad but true.

I'm almost 40 and have never paid a dime in credit card debt, my vehicles are paid for, I buy what I can afford, I know a ALOT of people and I'm alone in the way I handle my finances...to the point where I have been made fun of....I must be doing something right.

We're in the same boat Bryan. I cannot stand the fact that I have any debt hanging over my head. Nowadays, people think that it's a way of life to finance everything and have debt. NO THANKS!!!
I did finance my vehicles, but, had them paid off way before the time was up to help avoid finance charges and to save what I can.

[Beegs]

Originally Posted by tones2SS

We're in the same boat Bryan. I cannot stand the fact that I have any debt hanging over my head. Nowadays, people think that it's a way of life to finance everything and have debt. NO THANKS!!!
I did finance my vehicles, but, had them paid off way before the time was up to help avoid finance charges and to save what I can.

That's what I'm talking about!