Borrowing for appreciating assets is okay. That would be things like real estate (though obviously not in a super-heated RE market such as the one we recently passed through). Borrowing to invest in yourself, like for an education, is okay, too, as long as you keep it within reason (Do you really need to gat to Harvard?!).

Yes, I have borrowed money for other things, but never unless I already had the money to pay for the thing itself first. If I could use somebody else's money for less than I could use my own, I did it. (0% car loans, etc)

I use credit cards for convenience, but pay the balance every month. I'm probably not one of Citi Banks favorite customers, but that's okay. I can live with that.

Doing without things I think I'd like to have has not been nearly as hard as having to pay back money for crap I bought impulsively, later regretted, and is now falling apart even though I might still be making payments.

None of this ever seemed radical to me until I began looking around to see how many of my friends and neighbors lived.

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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles