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Originally Posted by oggi_e_mercoledi  I agree with you. In the midwest like Kansas or Missouri you can get a beautiful home for $180,000. not on the coasts where you get a crackerbox for that amount. and your taxes are sky-high. I do not feel sorry for all those dopes who bought above their means. | That is another thing-probably the most impotant thing people must start learning; buying above their means.America must also learn the true difference between needs and wants. Gary's example of the Lexus at 20% interest is a very good example. I can understand that one needs a car for transportation. But to feel that that car must be a Lexus is the true problem; when the individual is looking at a huge note to be repaid-at 20 percent!
Do you really need a Lexus? What can this car do that a Ford Focus, say; cannot? Granted; the Lexus is more classy. That is where one must be able to draw that fine line between Needs and wants. |