Pay"n juice!!!

Pretty funny how many people don't mind pay' interest...and how many think it's ok...

Some day I'd like to be a juice collector :)

The only interest I do not mind paying is the mortgage. It is at 3.375.

I can pay it off anytime I want, but I am making more off that money than 3.375. Net interest margin in reverse.

I laugh at people that say "I needed to buy it so I can right off the interest". In business that can work if you are purchasing equipment to expand. People doing it is crazy to me. Spending 10K a year on a payment to save 2K or 3k on taxes. No thanks.

Quote:

---

Originally Posted by CarolynandBob

The only interest I do not mind paying is the mortgage. It is at 3.375.

I can pay it off anytime I want, but I am making more off that money than 3.375. Net interest margin in reverse.

I laugh at people that say "I needed to buy it so I can right off the interest". In business that can work if you are purchasing equipment to expand. People doing it is crazy to me. Spending 10K a year on a payment to save 2K or 3k on taxes. No thanks.

---

share the making money off money plan...

I just play the stock market.

https://www.daveramsey.com/blog/the-12-reality