Loan for roof job

Just made a deal for 4200 bucks, rip and tech shingles.

Im really good with that. The house is ranch 1000 sq.

My q is financial. I never save any money. I spend what i get paid, paychec k to paycheck. I own everything i have, no mortgage etc. Is it wise to borr ow 8 grand and matress it? My credit score is 840 plus. since i piss away e verything it makes sense to me. The extra would not be pissed away, kinda a saving plan.

Reply to
Thomas
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I don't think it wise to pay interest if you don't have to. Put a few bucks away every payday and you'll have the cash when needed.

Many years ago I was in debt and could really use another $50 until payday the following week. My credit card bill came in the mail an hour later and when I looked, the interest for the month was $50. Duh! The bank got what I needed. I put the CC away, put every penny I could towards paying it off and was never fiscally happier once I paid it off.

If you have a 401k or IRA put money into that too and you will have a happy retirement. My income is the same now as when I was working so retirement is easy.

Your money, your choice. I'm not authorized ot qualified to recommend investments.

Reply to
Ed Pawlowski

eck to paycheck. I own everything i have, no mortgage etc. Is it wise to bo rrow 8 grand and matress it? My credit score is 840 plus. since i piss away everything it makes sense to me. The extra would not be pissed away, kinda a saving plan.

How could borrowing, where you have to pay interest, and putting the money under a mattress, where it earns nothing, be wise? It;'s certainly the reverse of saving. If you want to save, just take whatever the monthly payment would be and put that under the mattress. Or even better, into something that earns money.

Reply to
trader_4

Trader. I have a wife. Lol.

Reply to
Thomas

Start investing yesterday, open a 401k, payroll deduction, even if it's only $50/week...unless you want to be handing out shopping carts at Walmart when you're 80.

Reply to
$

Oren posted for all of us...

$3800 bux worth of pants? They must be frilly ones or space pants because the price is out of this world.

Reply to
Tekkie®

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