JCLeonard
Member
I still have three car payments, Mortgage, HELOC, college tution for one. Problem is - I could pay it all of in cash if I took investment money off the table. I don't mind the 0% and 4% car loans much and mortgage is 3.5% with deductability so it's not all bad.
I don't follow.. you took FPU and have not used your cash to pay off debt?
The FPU approach resonated with us so we did it. All in. We are now in a position to stash cash and save to make purchases in cash. Usually what happens is we set some savings goal for a large item and by the time we hit that goal we decide against buying it I don't think that will be the case with the Model 3, though, and that's ok because when we decide to buy it we'll write the check and move on with no regret.
We all have ways to justify our expenditures and methods to calculate why one way is "better" than the other. In the end we all apply some weight to the different attributes and make a decision that makes sense for us. Cool.