Saturday 2 February 2008

Borrowing

I read an interesting article on the Motley Fool website yesterday saying how if you borrow money you might think that you are able to buy more than other people, but in fact, because you spend so much more paying for them because of the interest on the credit, you in fact end up with a lot less in the long run.
So waiting for things and saving up means you will have more, even if it takes you longer to get it.

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