Quote Originally Posted by texaspackerbacker View Post
Did you (or would you) postpone buying a house or a car until you had enough money to pay cash for it? Or would you "cook" the limit of your finances with a mortgage or car loan? THAT's what needs to be explained to people. You are anticipating that you will have more money (or cap space) in the future, so you kick the can down the road and benefit in the meantime.
When I buy a house or a car, I usually expect to keep them for several years - not buy one or two more houses and cars every single year for the indefinite future. So the payment becomes a fixed, one-time part of my yearly budget, and stays constant for years or even decades.