reply to post by passenger
One can drive and live and work without being in debt because of it. You're right though. If you're going to drive a 30,000 dollar vehicle,
you're either rich, or borrowed the money. I know many people though who drive every day and are neither rich nor debtors.
Now, I'll back off a little bit and say you're right that people deserve these things... A reliable vehicle, a piece of land and/or house... Own
your own business etc. It's the American Dream right?
Not only was this never a reality for people of my age and economic status, the realization is starting to creep up the ladder.
It should bother us that we feel we must be in debt in order to obtain these things... For a number of reasons...
Either we feel too entitled.
The system is broken.
Or we have been duped.
There are still other options for sake of argument however... Anything For Sale By Owner, can usually be negotiated for monthly payments of which you
don't actually owe, but are paying towards, which also contain little or no interest.
This includes land and vehicles.
It's also not that difficult to be self employed in certain fields. And the most expensive part of your startup will probably be fees, licenses, and
insurance anyway... All of which can be paid out of pocket before actually continuing with your goals.
For example... I'm a construction worker, and despite the current hard times, I have work. I could also pay to get licensed and insured if I saved
for a couple months. I can now go get contract work, as my own boss, and I don't have any flamboyant expenses that always seem to be associated with
starting your own business.
Exchange construction for floral something or other, and now my girlfriend is her own boss too....