[quote="JD Seller"](quoted from post at 19:46:28 03/17/14) I have never seen a rich man say he got rich by paying someone interest on money.
quote]
I guess I'd have to disagree with you on that statement. Many businessmen have said never use your own money to start a business. There are many stories of millionaires who started out with the change in their pocket and a plan....and a banker or friend. The idea is, if there is a risk, let someone else bare it.
The fact is it takes money to make money. If you can put that money to a better use (depending on your abilities) you should be further ahead....especially with these historically low interest rates. No wonder banks aren't anxious to lend money...who wants to take the risk for 15 or 30 years that rates won't skyrocket?
Now if you are just going to waste the money on frivolous crap...by all means throw it at the mortgage.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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