Quote:
Originally Posted by Heat00
oops, guess my answer was kind of silly... now that i think about it, yes most people can't just make more money lol....
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Actually, your answer is not silly, it makes a lot of sense. Most people, when they want something out of their reach, they'll juggle it, negotiate a better lease, extend the repayment period, and on and on. They never consider not getting that thing until they earn more money.
Once we can let go of that "I want it now" mentality, it opens us up to pushing ourselves to be more productive (that usually involves more schooling, more training, more certification, more experience). I can't tell you how many people I've seen in the last 6 years lowering their mortgage payment by extending the term back out to 30 years. I know they know how to amortize a loan pyt. so I guess they just accept the fact that although they were on track to pay off their home at 55, they're willing to settle now for 68. That was their way of getting the material things they wanted now.