Sometimes mentioning the same person\’s name over and over doesn\’t do you any good.
Looking at my accounts, I realized all the money I saved over the last few years sort of uh disappeared? All that\’s left is my parents\’ $15,000 \”interest-free\” loan to me. Sigh. Yet I wonder is it better to take out school loans so that later on in life, I\’ll have more money to buy a house? Or is it better to pay everything in full as my parents have always taught me (the only time they have paid interest is on mortgages – no interest on credit cards, no interest on anything)? But in reality, I don\’t really intend to buy a house so soon. I intend to inherit one of my parents\’ properties. But then, I can\’t stand the thought of living in my grandparents\’ house. Where there\’s no garage for the car. Ugh, I am so snotty.
good debt is not a bad thing =) it\’s all about the opportunity costs…since student loans have such a low interest, you\’re better off getting the money and investing it or something. or just having some cash on hand \”just in case\”