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sw corner ia. | "When it comes to fun costs my policy is. If it depreciates or is pretty much worthless after it is bought and I don't have the $ to write a check for it , am not going to use borrowed $ to make the purchase.
If folks would set down and calculate the true cost of what the total cost is to purchase something in after tax $ when interest and taxes are put in the equation. It would hopefully cause them to understand how foolish their decisions are. "
coup I totally agree with your policy and have lived most of my life the same way. as to the second paragraph of yours that I just quoted, there are many who not only do not care but do not see any danger in what they do. | |
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Insanity of 10 year consumer credit loans Vs Investing those $
