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re: A good buddy called me asking for money yesterday. Update 6/12
Posted on 5/26/23 at 9:00 am to Salmon
Posted on 5/26/23 at 9:00 am to Salmon
quote:
a family only making $90k wouldn't be able to afford half that shite and would certainly need a lot more than a few grand to keep that lifestyle going
There is something called credit. My guess the vehicles are financed, the house is on a mortgage. The boats may be on credit. All you need is proof of income and an acceptable credit rating and you can "afford" that lifestyle.
1
Posted on 5/26/23 at 9:03 am to Ralph_Wiggum
quote:
There is something called credit. My guess the vehicles are financed, the house is on a mortgage. The boats may be on credit.
Thanks Ralph
quote:
All you need is proof of income and an acceptable credit rating and you can "afford" that lifestyle.
You still have to be able to afford those monthly notes. And someone owning all of those things and living that lifestyle is not paying half of those monthly bills on $90k.
"but that is why he is asking for money" Yeah. And according to OP, just for insurance premiums.
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