<VV> Parking at Buffalo convention

Tony Underwood tonyu at roava.net
Tue Mar 21 19:22:19 EST 2006


At 12:18 hours 03/21/2006, Robert Hill wrote:

Re:   no consumer credit debt

>Very wise in my opinion.  If one can't afford to pay cash for it in 
>the beginning, they can't afford it in the end is my 
>philosophy.  Folsk would be much better off, literally, if they 
>woudl throw away all credit cards and do away with all consumer 
>debt.  I thinkt he only thing one should even consider financing  is 
>their home and that should be paid off as quickly as possible.  And 
>never should hobby related stuff ever be bought using anything but cash.


Absolutely.  I've never borrowed money to buy a Corvair.   The only 
thing I owe that qualifies as a "credit" debt is my house.    And 
it's gonna be paid off in about 5-1/2 more years.


Humm...  no more house payment.

What should I do with the bucks?    Will I be able to afford to buy 
another Vair in 5-6 years?   Or will the value of even a beater class 
Vair be too much to deal with?


...I'll be working on the ones I have now, and not worry about buying 
any more.   Still plenty to do with the ones I currently 
have.   Besides... in 5-6 more years the daughter will be looking at 
college...  I'll be broker than ever.   ;)


tony..    



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