Quote:
Originally Posted by ken0042
At least you doing something smart with the money; which does give you some breathing room. I just cringe when I hear people say that they took out half of the $100K they "made" on their house and bought a new SUV and paid "cash" for it.  |
Lol no kidding... buy a $75,000 SUV and finance it for 2.9% from the dealer amortized over 5 years, or refinance my house and pay whatever interest rate amortized over 25 years.
Me: "You realize that that SUV is going to end up costing you $150,000 by the time you finish paying for it."
Them: "..."