Impulse Buying is Predominant     In our culture, impulse buying is predominant.  In years predating the present easy credit, you would walk into a department store, see an item you would like to purchase, and put a small cash down payment toward it and then pay it off monthly until the item was paid […]

Credit Cards Are the Norm   In our culture, credit purchases are the norm.  Often, before an item has been paid for, it has been discarded.  If you think you must have it all now or you cannot be happy, a paradigm shift must be made in your thinking.    In our culture, going in […]

Are You a Borrower or a Lender? – Part I     Let’s contrast a real-life scenario of the borrower versus the lender that happens tens of thousands of times every day.  A person walks into an auto show room and falls in love with that new car or truck that has everything he ever […]

Are You a Borrower or a Lender? Part II     As mentioned in my previous blog, you have two choices.  Here, again, are the two choices:   1)    making vehicle loan payments 2)    taking that very same payment and investing it in the equity market yielding average equity returns over the past 40 years.  […]

Are You a Borrower or a Lender? Part III       Here are the details for your review:     Vehicle Loan   Cost of Vehicle:  $30,000         Invest Instead   Interest Rate: 12%           Your thoughts on this subject?  Your comments appreciated!