Better Off In the Long RunI have always saved up for things instead of paying 21% interest. I have been driving for almost 28 years and I have still never had a car loan. I paid off my mortgage when I was 40 and am completely free of the debt trap. If you did no more than pay the minimum payment on a credit card with a $4000 balance it would take 39 years to pay it off.
maineiac04631 41-45, M 19 Responses 6 Jul 31, 2007