bushidomartialarts
Senior Master
on the other hand, credit can be great leverage.
my wife and i went 30,000 into debt when we started our karate school. much of that was on credit cards. we're a couple of months from being done with that.
the cool thing was, we got so many of those 0% interest for a year offers that we've been able to keep passing that load around. we've actually avoided paying interest on that debt for coming on to three years.
now this took some serious watching and the risk was high and i do not recommend this for most folk.
but it's nice to know the tool is there when you need it.
my wife and i went 30,000 into debt when we started our karate school. much of that was on credit cards. we're a couple of months from being done with that.
the cool thing was, we got so many of those 0% interest for a year offers that we've been able to keep passing that load around. we've actually avoided paying interest on that debt for coming on to three years.
now this took some serious watching and the risk was high and i do not recommend this for most folk.
but it's nice to know the tool is there when you need it.