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by UncleMeat
1237 days ago
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Let's say you and your partner go out to each weekly and spend $100 per dinner. That's $5,000 a year. Cutting this entirely lets you have a loan a little less than $100,000 larger at a 6% rate. This is a case of eating out a lot, cutting it entirely and the effect doesn't even cover the amount a typical home has appreciated by in the past five years. |
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For some people, once per week is not a lot.