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-   -   Now is not the time to save money. (https://www.apostolicfriendsforum.com/showthread.php?t=22997)

EA 03-02-2009 02:15 PM

Now is not the time to save money.
 
Now is not the time to save money.

Now is the time to eliminate debt.

Please, do not stuff money in your mattress.

Pay off your debts.

Especially your house.

Money may lose value, but you need a place to live.:thumbsup

Shawn 03-02-2009 02:19 PM

Re: Now is not the time to save money.
 
good advice.

MissBrattified 03-02-2009 02:20 PM

Re: Now is not the time to save money.
 
Absolutely! Great advice!

pelathais 03-02-2009 02:23 PM

Re: Now is not the time to save money.
 
I was hoping to maybe crash at Ed's place if things got real bad.http://www.apostolicfriendsforum.com...ons/icon10.gif

But seriously, paying off debt is like saving - because you are literally saving money, potentially a huge amount of money in future interest charges.

"Saving" means to have more in the future. The fewer debts you have or that you accumulate the more money you will have saved.

EA 03-02-2009 02:43 PM

Re: Now is not the time to save money.
 
Quote:

Originally Posted by pelathais (Post 715330)
I was hoping to maybe crash at Ed's place if things got real bad.http://www.apostolicfriendsforum.com...ons/icon10.gif

But seriously, paying off debt is like saving - because you are literally saving money, potentially a huge amount of money in future interest charges.

"Saving" means to have more in the future. The fewer debts you have or that you accumulate the more money you will have saved.

LOL

You're welcome, but it's gonna be a bit crowded!

Me, the wife and three kids in a 1200 sq foot home. 3 bedrooms and one bathroom.:ursofunny

Hoovie 03-02-2009 03:01 PM

Re: Now is not the time to save money.
 
Never met you Pel - but we will work something out.

This attic is getting full - and Anne is driving her Momma crazy - but we will make it.

How many should we prepare for?

Otto Frank

Ferd 03-02-2009 03:20 PM

Re: Now is not the time to save money.
 
LOL! Even I can agree with Ed about this!

MissBrattified 03-02-2009 03:28 PM

Re: Now is not the time to save money.
 
:D

There's NEVER a bad time to get out of debt! :thumbsup

ILG 03-02-2009 08:31 PM

Re: Now is not the time to save money.
 
Quote:

Originally Posted by Edward Anglin (Post 715326)
Now is not the time to save money.

Now is the time to eliminate debt.

Please, do not stuff money in your mattress.

Pay off your debts.

Especially your house.

Money may lose value, but you need a place to live.:thumbsup

If you're worried aboutn hyperinflation, buy some gold.

Cindy 03-02-2009 08:33 PM

Re: Now is not the time to save money.
 
Our house and land is paid for. Now just get 2 vehicles paid for and we are good.


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