Just me, I am sure -- but I'd cash in the IRA and pay everything off. No feeling like "I owe no one [other than her ever-correct majesty, the wife] * anything* to make a man "regular" in the bathroom each morning. You are the master of your own destiny (no reference to Seinfeld intended).
I assume that you, like me, have the well-earned government teet hitting the checking account the first of every month? [Except you don't have to give 49% to the ex, and you retired two pay grades senior to me, and .... <giggle>.] My advice is to get free and clear, and enjoy the feeling of owing no man anything. On Tue, Aug 4, 2009 at 7:54 PM, WILTON <wilt...@nc.rr.com> wrote: > Only thing I owe is $17k (15 months) on the house I live in. 'Have another > house (rental) that the tenant finished buying for me several years ago. > 'Considering cashing some IRA to go ahead and pay off the $17k, but I'd have > to pay income tax on it, so maybe not pay it off yet. 'Pends on how it goes > helping 49-year-old, laid-off son and 18-year-old grandson with college > expenses. Not having the house payment every month would be like getting a > very significant raise. BTW, I keep what little bit I put on a credit card > (Rusty, for example) paid off 'soon's I get the bill. > > Wilton > > ----- Original Message ----- From: "Wonko the Sane" <don.b...@gmail.com> > To: "Mercedes Discussion List" <mercedes@okiebenz.com> > Sent: Tuesday, August 04, 2009 8:35 PM > Subject: Re: [MBZ] check your credit card due dates > > > I know a way to beat this scam. Don't have any credit cards. >> >> I have none of them -- and have not had any for several years. >> >> The debit card has served me well. If I can't afford it today, I am not >> going to buy it. I always keep enough in the checking account to cover any >> emergency expenses that might crop up. I keep enough of a balance in the >> checking that I can (I think) cover any contingency, including renting a >> car >> (haven't done that since 1995). >> >> I have only one outstanding debt, and that is my mortgage. If I'd had a >> spare $76K at the time of closing, I wouldn't have even that debt. Quicken >> BillPay sends out the mortgage payment on the first of the month and I >> don't >> even see it happen. Sends in my life insurance premium, too. >> >> This does not mean that we live like Thoreau. In fact, about a month ago I >> called the wife on the cell phone (she was shopping in another city) and >> asked her to pick up a new laptop for herself. She chose the one she >> wanted, >> presented the debit card, and it was paid for. Money was deducted from the >> checking account and it was a done deal -- not an impulse purchase I made >> minimum payments on for the next couple of years and accumulated a bunch >> of >> extra interest payments. >> >> Again, if you can't afford it today and it isn't life or job threatening, >> then it can wait until you save up for it. >> >> D. >> >> >> On Mon, Aug 3, 2009 at 4:18 PM, Allan Streib <str...@cs.indiana.edu> >> wrote: >> >> Apparently some of the companies are playing games to (it would appear) >>> generate late fees. >>> >>> >>> >> >> -- >> The young officer thought it very odd that his captain seemed to trust and >> confide in his chiefs more than his wardroom, but mustang officers had >> their >> own ways. >> -- Tom Clancy, Clear and Present Danger. >> -------------- next part -------------- >> An HTML attachment was scrubbed... >> URL: < >> http://okiebenz.com/pipermail/mercedes_okiebenz.com/attachments/20090804/4bc7319c/attachment.html >> > >> _______________________________________ >> http://www.okiebenz.com >> For new and used parts go to www.okiebenz.com >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> > > _______________________________________ > http://www.okiebenz.com > For new and used parts go to www.okiebenz.com > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > -- The young officer thought it very odd that his captain seemed to trust and confide in his chiefs more than his wardroom, but mustang officers had their own ways. -- Tom Clancy, Clear and Present Danger. -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://okiebenz.com/pipermail/mercedes_okiebenz.com/attachments/20090804/7bee06f5/attachment.html> _______________________________________ http://www.okiebenz.com For new and used parts go to www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
