Quote:
Originally Posted by fredr123
Dude, I have a name. And the way you phrase it, I don't know, doesn't sound much better than a van down by the river 
I get it. I rack disciprine, sorta. When discussing our future money plans, the Basement Wife and I tend to disagree on the whole savings vs. paying down debt debate.
BW says pay down debt: Why put $10 in a savings account or GIC or whatever earning X% interest when you have loans that need to be paid down and are costing X=Y% interest?
I think there's gotta be a middle ground. At some point you're going to get good future value out of your money by putting some away in a safe place AND paying off your debt. Where that happy balance lies is anybody's guess. If I could find it, I might be able to score some points in the debate. |
LOL, sorry, I had the post already up and realized that I forgot to qote you so I just added that line, and yes, I forgot your name :-)
Basement wife
