Posted on 03.03.08 9:54AM under finance
How many personal or household items do you own that you are paying interest on? Now try to think about how many of them were really essential purchases. If you are honest, probably very few if any items you own were so necessary, they justify wasting your money on interest payments. Few people can distinguish between items they truly need and that are truly important, and those they could wait to buy until they had the cash. If you want to face the facts about how much financing non-essential items is costing you, check out some personal finance articles at http://money.cnn.com
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