I'm strongly opposed to borrowing money and apart from my mortgage I never have.
It comes down to two factors:
wanting to stand on my own feet without asking for help,
And,
I saw a colleague paralysed in an industrial accident and have to declare bankruptcy because he couldn't pay the mortgage, credit card, loan, car or any other number of payments.
That I hate paying interest, or an unnecessarily inflated price is immaterial. We have means and should strive to live within them.
It comes down to two factors:
wanting to stand on my own feet without asking for help,
And,
I saw a colleague paralysed in an industrial accident and have to declare bankruptcy because he couldn't pay the mortgage, credit card, loan, car or any other number of payments.
That I hate paying interest, or an unnecessarily inflated price is immaterial. We have means and should strive to live within them.
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