View Single Post
Z-man Z-man is offline
Moderator
 
Z-man's Avatar
 
Join Date: Feb 2001
Location: NJ, USA
Posts: 9,628
Garage
Why be debt free during a financial meltdown? To me, the answer is simple -- eventually things get better, and the meltdown ends. Those who have assets and are relatively debt free will be the ones who will be able to claw their way out of the financial hole quicker - not just due to lack of debt, but also due to their way of thinking financially.

-Z-man.
__________________
2010 Cayman S - 12-2020 -
2014 MINI Cooper S Coupe - 05-17 - 05-21
1989 944S2 - 06-01 - 01-14
Carpe Viam.
<><
Old 12-13-2009, 05:22 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #4 (permalink)