I bought a new car this week. She is a gorgeous mid-life-momma metallic white. Her name is Pearl. Obviously. After negotiating the price, getting a fair value for my trade-in, and politely declining every add-on offered to me, we got to the next part of the process: Financing. The finance manager pulled my credit and…
All posts in Interest Rates
🧐 What is Good Debt?
Posted on Author Amanda PoffenbergerPosted in Debt, Good Debt, Interest Rates, Mortgage, RefinanceLeave a Reply
Did you know there’s such thing as “good debt?” I’ve got a low-rate (2.45%) mortgage and 0% car loan at the momentito, and we’re going to dive deep into why this is to my advantage. 📌 TLDR Situation Typical “Pay It Off” Instinct What “Good Debt” Means Why it Can Be Smarter 2-3% Mortgage Throw…