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Old 01-26-2012, 10:49 PM
palermo22 palermo22 is offline
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Location: California Central Coast
 
Join Date: Jan 2012
Posts: 83
Mein Auto: Lexus IS 250
Quote:
Originally Posted by blueguydotcom View Post
And you prepay for 3 years on your cell phone too, right?
I agree with the person above you about debt (and he was actually agreeing with me) - that is why I don't lease or borrow - no need to have debt - I can plan my life better. And I think this is what separates generations: for example, cell phones: yes, I have one - we average $100 per year - we're on a prepaid plan and pay about 6 cents a minute - so answering what you asked the other person - I prepay my phone for four months and pay $25 - $30! I do actually have some debt - a mortgage. I live in an exclusive golf course community and my mortgage is about 25% of the value of my house. I can afford my house because I have no other debt.