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Topic History of: Interest rates remain the same Max. showing the last 5 posts - (Last post first)
Author
Message
Angel
Living a single life, all you're life clearly has its benefits.
Foz
I think it really depends on the kind of borrowing. A mortgage is pretty normal as a house is for long term and the repayments on a good mortgage should not be beyond your means. However borrowing for school fees? No - if you cant afford them don't send the kids there. Interest free credit for a
JK2006
I have to admit I'm in a minority - the majority clearly do believe there is nothing wrong in living beyond one's means.
Borrow to live - house, car, school fees, divorce - and then work to pay off debt.
It is just not the way I choose to live and I have to say - for me it makes sense to live at whatever level you can afford and to work at what you enjoy doing.
But if others choose a different existence - that's fine.