January 29, 2012 11:06 AM PST
DO NOT like payments of any kind. Everything we have (with the exception of a couple more years on the house) are paid for. 4X4 Truck, convertible, dune buggy, boat, camper AND bike. When I think about buying something new I start thinking about payments and the economy..... Snaps me back to reality real quick !!!!!!
Very Cool ...You da Man
January 29, 2012 10:49 PM PST
Yep no more payments for me either. If I can't pay cash I can't afford it. I have finally learned that I can live very simply and be very happy.
January 29, 2012 11:00 PM PST
Rex, I like your thinking! After owning & operating a family business for over 35yrs I finally sold it in '09 - Been debt free ever since. There's a popular radio show host who proclaims that mantra as well - he says 'being debt free is taking the place of the fashionable BMW as the status symbol of wealth. I like his thinking too~
January 30, 2012 12:09 AM PST
I remember reading somewhere one way to a debt free lifestyle is...buy a very used car pay cash, and when it breaks down do the same thing again, and just continue that pattern. Never put any money back into the old beater ride.
January 30, 2012 1:05 AM PST
I remember reading somewhere one way to a debt free lifestyle is...buy a very used car pay cash, and when it breaks down do the same thing again, and just continue that pattern. Never put any money back into the old beater ride.
Bought POS cars & "Penny Saver" motorcycles for over a decade, well several decads in the case of the motorcycles - When deciding to fix or scrap look @ what it would cost to get a vehicle or equal RELIABILITY
January 30, 2012 1:36 AM PST
I remember reading somewhere one way to a debt free lifestyle is...buy a very used car pay cash, and when it breaks down do the same thing again, and just continue that pattern. Never put any money back into the old beater ride.
That is one way, and why I own a 23 year old RV, a 27 year old Jeep. Rex, my 04 King, was that last thing I made payments on and I paid that off in 2 years. Don't own any credit cards either, just Visa debit. All of this would have been harder to do if I didn't make some good decisions about 30 years ago though.
