Originally Posted by
Novaheart
I could be wrong on this one, but it's my understanding that this is not a good strategy. It's better to buy stuff now and pay it off over time with increasingly worthless money. Of course, I think this presumes a constant which is not guaranteed.
Come January, I will owe a grand total of $4000 which means I should be debt free shortly thereafter. I am looking forward to that, seriously. It will be the first time I have been totally debt free since 1984. Of course, this falls into the category of best laid plans. With a kid about to graduate high school, I could be looking at unexpected expenses or seriously compelling, "Uncle Nova can I have.......?" requests. To date, "No" isn't my strong point when it comes to my girls.