Due to student loan difficulties, many graduates do not have the money to purchase a new
car or house until the balance is reduced.
Not exact matches
They were capable of delaying their gratification from acquiring a nice
car, a
house and other things
until they finished college, grad school, law school, med school
or whatever.
As for your question regarding getting a loan vs paying cash, that will usually be personal preference, since with a loan you can buy expensive items (such as a
house or car) much sooner than you otherwise could if you waited
until you saved the money.
The lending company
or bank will hold the deed of the
house or title of the
car until the loan has been paid in full, including interest and any additional fees.
But a person's credit mix doesn't start diversifying
until she gets older and meets milestones like buying a
car or house.
So for the time being (
until the judgment is made), creditors can not garnish your wages, empty your savings
or current account, go after your
house,
car or other property.
Even a dog that knows these commands in the
house or obedience ring will have trouble performing in the
car until they practice there.
Let's say you waited
until after the tenant moved in to take care of that tree and their
car is parked in the drive way
or in front of the
house,
or has toys on the lawn, whatever, and a limb, whether big
or small, falls on their property, bingo you've got a lawsuit.
Stop waiting
until you lose weight,
until you gain weight,
until you have kids,
until your kids leave the
house,
until you start work,
until you retire,
until you get married,
until you get divorced,
until Friday night,
until Sunday morning,
until you get a new
car or home,
until your
car or home is paid off,
until spring,
until summer,
until winter,
until your song comes on,
until you've had a drink... there is no better time than right now to be happy.