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Old 09-17-20, 02:21 PM
  #68  
I-Like-To-Bike
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Join Date: Oct 2004
Location: Burlington Iowa
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Bikes: Vaterland and Ragazzi

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Originally Posted by Koyote
After buying (and financing, to varying degrees) four houses over the past 25 years, I had NO IDEA that that is how financing works!


Maybe I am old (or just old-fashioned), but if I had to borrow money to buy a new bike, I wouldn't buy it. But then, maybe us old folks were raised to understand something called "deferred gratification."
Why didn't you defer the gratification of living in/owning your own homes until you could "afford" to buy it/them without borrowing money?
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