I never buy anything I cannot afford to pay for in cash. I never financed a car or anything else, except for real estate, residential and commercial.
First thing I pay at the beginning of the month is my and my wife's IRA contribution. We max out 2 x $6,500 = $13K per year, plus she feeds her 401K at work. We live on a strict budget, drive older cars, and try not to waste money on things we don't need. But if I want a new gun, I can afford to pay for it without a credit card.
Your mileage may vary.
First thing I pay at the beginning of the month is my and my wife's IRA contribution. We max out 2 x $6,500 = $13K per year, plus she feeds her 401K at work. We live on a strict budget, drive older cars, and try not to waste money on things we don't need. But if I want a new gun, I can afford to pay for it without a credit card.
Your mileage may vary.



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