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The Water Cooler
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My Credit Score Is Zero...
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<blockquote data-quote="SlugSlinger" data-source="post: 3124720" data-attributes="member: 7248"><p>So, how are you saving money in real terms?</p><p>You may be saving money from not paying interest, but it is costing more for a new model year truck, if that is what you’re plan to purchase is.</p><p>Looking at the time value of money, every year you wait to purchase, the more you will have to pay, or looking at it the other way, the less your dollar is worth.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3124720, member: 7248"] So, how are you saving money in real terms? You may be saving money from not paying interest, but it is costing more for a new model year truck, if that is what you’re plan to purchase is. Looking at the time value of money, every year you wait to purchase, the more you will have to pay, or looking at it the other way, the less your dollar is worth. [/QUOTE]
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