Quote:
Originally Posted by TrevorW
Guys we are always borrowing for this or that
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I dont. Only thing I have ever taken a loan from a financial insto for is the house mortgage. Cars or any other big ticket items I have always bought from savings. Personal debt is toxic to wealth and should only ever be taken as leverage on productive assets. If you have to a take a loan (and dont already have the savings) it probably means you cant afford it.