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Question about borrowing money
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<blockquote data-quote="herofan" data-source="post: 1040740" data-attributes="member: 17843"><p>that's the way I see it, but I realize a lot don't. I'm always fascinated by how people manage money. Don't get me wrong, I'm not saying my way is the only way. I was just taught to be a saver, and i guess I embrace that. Being a saver has never gotten me in financial trouble. I actually wish someone could convince me that owing on stuff is just as good as the way I do it, but I just can't see it. </p><p></p><p>I bought a small herd of 17 heifers with cash. I wouldn't have even considered it had i not already had the money. I do sleep well at night. If I go out tomorrow and they are all lying dead in the field, that is where it ends. Sure, it's a huge loss, but I don't have to worry about paying off a loan for some dead cattle or where the money will come from in the future.</p></blockquote><p></p>
[QUOTE="herofan, post: 1040740, member: 17843"] that's the way I see it, but I realize a lot don't. I'm always fascinated by how people manage money. Don't get me wrong, I'm not saying my way is the only way. I was just taught to be a saver, and i guess I embrace that. Being a saver has never gotten me in financial trouble. I actually wish someone could convince me that owing on stuff is just as good as the way I do it, but I just can't see it. I bought a small herd of 17 heifers with cash. I wouldn't have even considered it had i not already had the money. I do sleep well at night. If I go out tomorrow and they are all lying dead in the field, that is where it ends. Sure, it's a huge loss, but I don't have to worry about paying off a loan for some dead cattle or where the money will come from in the future. [/QUOTE]
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