Summary

Use the information I have provided in the previous blogs to think about paying cash. If you don’t have the cash, don’t make the purchase! Use the “cash paying” model of these companies to improve your own personal family financial balance sheet. Perhaps you have made some mistakes in the past. Yes, you must now dig yourself out of debt. Your past is important, but not nearly as important to your present as the way you see your future.

So is there really good debt? Not in my opinion. Perhaps, at best, some debt is tolerable for a short time period if you need a roof over your head or a yard for the kids to enjoy. Make a commitment to your future and the future opportunity of your family. Choose now to pay cash.

Your thoughts on this subject? Your comments appreciated!

Content © Rich Brott, 2011

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