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Worried about £13k savings vs debt
Comments
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exactly, there's no point in maintaining debt at an extortionate like 18.9% but not much wrong with a 0% debt as long as you have the discipline to repay. You are using their money instead of your own.0
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badmission wrote:Debt as long as it's managable is fine. Don't think about it on a personal level, think about it like business (debt = cashflow). Make the payments when you should and everyone is happy.
I agree debt is OK as long as it's managable, but I would further qualify this by saying 'debt taken out for a purpose'. Debt is personal ! Very personal, ask those people who have received CCJs or had their house repossessed because secured loans haven't been paid.0 -
You posted this a few days ago, to which i replied. It appears to me that you dont want to listen to the advice as you keep on re-asking.????
Its obvious that you should pay off your debt, isnt it?0 -
ms_london, Who are you talking to ? it's not my debt !0
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Sorry thaylock, not you - the original poster. Ooops, sorry about that :0)0
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