Quote:
Originally Posted by CamBoss
If you own a $340,000 car and you aren't worth at least 10x that much, liquid, you have no business taking on a vehicle like that  |
You're saying I need to have 3.4 million in cash on me to have any right to own that car?
Okay.
I'm not Sheik Ali Baba of an oil rich nation or anything...but I own a $720,000 home that I financed. And I don't have 7.2 million dollars sitting around in cash (liquid).
I don't know why you think the way you do. Sounds like you're pretty frugal. Me? You only live one time. I worked hard for what I have, and it took time and effort to attain the kind of credit and collateral and ability to pay off the things I want out of life.
Lighten up! Try "posing" every once in a while! It's fun!
