[quote=AN][quote=The-Shoveler]I have to add a few things guys,
1)Unless you work for a sizable company, your insurance will cancel you in a heartbeat If you get really sick.
2) in the 70’s none of this spend less than you earn stuff would have worked very well for you.
(buy now you will be able to afford it later worked much better in most cases back then)
The last 25 years of mostly low inflation are really the exception,
Was anyone here earning a living back in the 70’s,
Just curious, back then you always tried to buy more of anything than you could afford (because that is what worked),[/quote]
That’s not true, even in the 70s with high inflation, if you live below your means, then you’d have more money to invest. Buying more junk to pay off later won’t get you any closer to retirement or expanding your nest egg.[/quote]
Yea well OK but it did work for things like work trucks, and buying more home than you could afford generally worked very well for you.( the Stock market really sucked back then, it cost more for a taxi license than a seat on the exchange).
