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Thread: Pay"n juice!!!

  1. #1

    Pay"n juice!!!

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

  2. #2
    Some day I'd like to be a juice collector

  3. #3
    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.

  4. #4
    Quote Originally Posted by CarolynandBob View Post
    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...

  5. #5

 

 

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