Vulcan Rider wrote:
My opinion is: Finance your house and then work on getting yourself in a position where you can PAY CASH for everything else.
Sometimes it does make sense to finance things. I just recently bought a new Jeep and was going to pay cash. But, I ended up financing because I got such a cheap rate on an auto loan. That money I was going to use to pay cash for the Jeep, I ended up investing and am making more on it's interest than the rate I am paying for the auto loan.
That being said, it's a lot easier to find a cheap auto loan vs RV loan. I have learned that I would rather pay using someone else's money than my own assuming I can get a good rate and can find a way to build on the money that I do have.
