9 October 2012

And here’s a great response to the statement: “Hello, my wife and I are one of those families. Due to historically low interest rates, we succeeded to pay off 5 years of our 25 year mortgage in just 1 year with the help of additional payments and lump sums. And when the rates go up, we’ll be ready for this, as we’ve been aggressively paying off our loan and we were disciplined with our purchases.
You are interested in our boat. Well, we paid cash for it when we were only 27. All the toys in our house? They were mostly bought due to different consumer loyalty programs (e.g. we got our TV on credit card points – it’s a great thing if used right).
Please, don’t generalize everything you see… I’m successful, and not stupid.”