Cash The Checks

Only borrow money to buy assets that appreciate. Why? If you only borrow money on items that appreciate, the interest you’ll pay can be off-set by the increased value of the item. Some examples are a house or your education. But when you put your vacation on a credit card and 6 months later you’re still paying it off at a 15% interest rate, you’re going to regret it. Instead, save your money (earn interest instead of paying interest) and when you have enough, then you can spend it.

- Edwin, CashTheChecks.com