2007-03-12 12:23:27 · 3 answers · asked by dannettewheeler@sbcglobal.net 1 in Business & Finance ➔ Personal Finance
In general, whenever you can use the money to make more money than the interest will cost you. For most consumers, that means buying a house or starting a business.
2007-03-12 17:01:10 · answer #1 · answered by questionmarkinthedark 2 · 0⤊ 0⤋
Well never really, being in debt makes you a slave. If you can at all help it do not take out loans for anything. The one exception might be a home loan but even that makes you a slave. I'm no revolutionary I have just found that living debt free, or close to it, gives you freedom you never thought possible. Debt does not have to be a part of life, regardless of what your loan officer tells you.
2007-03-13 09:59:56 · answer #2 · answered by Keith C 2 · 0⤊ 0⤋
Slip them a piece of paper that says. "Put the money in the bag."
2007-03-12 19:32:12 · answer #3 · answered by P3dcrane 4 · 0⤊ 0⤋