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The Water Cooler
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<blockquote data-quote="caliberbob" data-source="post: 4105384" data-attributes="member: 54457"><p>I have financed three vehicles in my life. One I tried justifying by how much it saved in gas. That was a stupid purchase. The second was my work van and it was for my business. Maybe not advised but business was booming and I paid it off in two years. The third was a vehicle we bought from some friends that I was just waiting for an insurance check to come in which I promptly paid off the loan. If I could advise younger people on anything these days it’s just save even a little from each check and put it in a separate savings account and don’t touch it. Don’t finance things because people make so much money off of other people’s debt.</p></blockquote><p></p>
[QUOTE="caliberbob, post: 4105384, member: 54457"] I have financed three vehicles in my life. One I tried justifying by how much it saved in gas. That was a stupid purchase. The second was my work van and it was for my business. Maybe not advised but business was booming and I paid it off in two years. The third was a vehicle we bought from some friends that I was just waiting for an insurance check to come in which I promptly paid off the loan. If I could advise younger people on anything these days it’s just save even a little from each check and put it in a separate savings account and don’t touch it. Don’t finance things because people make so much money off of other people’s debt. [/QUOTE]
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