Quote Originally Posted by Frozen Tundra View Post
I can't believe this still needs to be explained to people. It's like people think that as long as they have checks in the checkbook, they can just keep writing checks.
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.