03-27-2022, 07:34 AM
there's certain things that are not bad to take out a loan--as long as the rates are reasonable
at times i've already used our home's equity line of credit--you'd be amazed how quickly the loan comes down
i'm not a big fan of car loans unless you can get that 0% financing--always keep in mind car loans the interest is paid first then principle--they get their money first.
i also don't like using my cash--i keep it for emergencies--not purchases
i'm going through something similar--not a car but a fence
i'll be taking out about 20k loan for a fence--yes a fence
the days of putting up my own fence are done--time and man power
at times i've already used our home's equity line of credit--you'd be amazed how quickly the loan comes down
i'm not a big fan of car loans unless you can get that 0% financing--always keep in mind car loans the interest is paid first then principle--they get their money first.
i also don't like using my cash--i keep it for emergencies--not purchases
i'm going through something similar--not a car but a fence
i'll be taking out about 20k loan for a fence--yes a fence
the days of putting up my own fence are done--time and man power