NoVa RT wrote:
I am going to stick with 6 years for sure. I have no debt except for mortgage and home improvement. Both are taking up about 20% of my income.
Sounds like the OP is in reasonably good shape. If a person can put enough down and pay the loan off In a short enough time that they are "above water" for the duration of the loan, they're probably OK.
I agree. Sounds like the OP is going to be just fine. Forgive us if it seemed we thought otherwise. We didn't. It is just that time and again we see people already in debt taking on mor debt to buy a toy when family memories can be made for nothing at the local park ajd in many other not so expensive ways. Personally, I grew up very poor so the fact that I even own an RV comes woth a certain amount of guilt. ????
