Did you pay cash for your Z?

Originally Posted by Matt I knew I shouldn't have taken out that mortgage!! I should have just payed cash! Come on Matt, a guy with your financial savvy knows that

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Did you pay cash for your Z?

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10-24-2009, 02:38 PM

#34 (permalink)

BrianZ

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Quote:

Originally Posted by Matt

I knew I shouldn't have taken out that mortgage!! I should have just payed cash!

Come on Matt, a guy with your financial savvy knows that mortgage interest is tax deductable.

The house could definitely fall into the area of "good debt". The car definitely falls into the area of "bad debt", just like credit cards.

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