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I find it weird you mention taking on debt and financing these purchases that way. It’s typically the best way to purchase anything as long as the rates are goo
by bradlys 4y ago
I find it weird you mention taking on debt and financing these purchases that way. It’s typically the best way to purchase anything as long as the rates are good.
In fact - most people who are financially literate would say it’s completely moronic to buy things with cash or majority cash. It’s usually in your best interest to use debt as much as reasonably possible. (Obviously you want to be able to afford the payments and what not but debt is very good as long as the rates are optimal)
- omginternets 4y agoThe issue isn't so much the debt as it is using debt to buy things you can't really afford.