Probably one of the most financially incorrect statements I've seen in a while. How can you save money by paying 2% interest, versus paying none by using cash
If I used all of the money I had in investments, I wouldn't be using it to make the 4%! It would no longer exist! Your saying that I could use the money I save to invest, but 4% of the 20 dollars a month I spen in interest, really isn't that much. 4% of 40k in investments, is a lot better sounding to me.
I guess technically when you step back and look at my situation, I'm not in "debt" as I can pay it off, but I am using credit wisely. I am willing to pay interest to keep my money, because I know that I can make more than the 2% that I am paying. Hell, my checking acount makes 2% interest.
This post was edited on 2/8 at 2:33 pm