The problem with collecting TV's...

[Electronic M]

Originally Posted by RCAZenith

I make a good living (for a 25 year old in rural GA anyhow), but after the bills I am broke haha. Debt is a part of life. Use it wisely. I am a homeowner with a wife and a 3 year old on a single (but good) income and I have more debt than I'd like to admit.

My folks lived like that when I was young, always barely scraping by. Not long after we finally were out Dad lost his job in step with the housing bubble and they lost their shirts to NOT let it become a credit ruining for-closure.

I rather argue with the folks weekly for the next 5 years than live like they did in the early years, or repeat the IMHO stupidity of not owning their property outright or trying to live outside of means.

Credit IMO should be saved for occasions where savings are not sufficient, and purchase can not wait (like medical emergency). To me it is stupid to pay someone to rent you money unless circumstances make it unavoidable.