>>29
You're kidding, right? You really can't imagine how saving money will eventually build up enough of an amount that a high-priced item can be purchased?
Do you know what "math" is? Are you really this culturally programmed to be
financially dense?
At any rate -- and WHOA NELLIE, we're gonna use some o' tha' thar math stuff! -- when you limit yourself to buying at no more than 2.5 times your yearly income, and you maintain a strong and disciplined savings rate of at least 20%, then it should only take about 13 years (2.5/.2) to save up enough to pay cash for that home. Of course, too many Amerifreaks are buying (i.e. renting from a bank) a home for a LOT over 2.5 times their income. Of course, too many Amerifucks are unable to save 20% of their yearly income, and even if they did manage to pack it away, by Xmas they just spend it all anyway. (Gotta be "nigger rich".)
If you start saving at around 25 to 30, then by age 40 you should be ready to move into a modest home that you have essentially all the money for. If there is a loan (i.e. a loser financial move) that you have to make, it won't be for the vast majority of the purchase price ... no, it'll be for the minority of the purchase price that you failed to cover due to some life event over that 13 years.
P.S. Home, car, kids -- these are all large-dollar items. Just because you've been BRAINWASHED into thinking that NOTHING is a big-ticket item (through the use of credit and payments), doesn't mean that there isn't a clear scale of prices for items. You
fuckwit!