Comments on: Why a 0% interest loan keeps me up at night

By: Advanced Personal Finance » Blog Archive » Carnival of Personal Finance 108 @ Broke Ass Student

Wed, 11 Jul 2007 18:13:16 +0000

[...] Money Mythos explains why a 0% loan keeps him up at night. Share [...]

By: Personal finance at KMull.com

Personal finance at KMull.com — Tue, 10 Jul 2007 14:50:27 +0000

[...] Money Mythos talks about paying his Dad back. [...]

By: KMull

KMull — Tue, 10 Jul 2007 14:19:34 +0000

Good for you! Glad to hear you aren’t just taking the money and running. Good luck with the massive payment!

By: Broke-Ass Student » Blog Archive » Welcome to the 108th Carnival of Personal Finance

Mon, 09 Jul 2007 10:29:19 +0000

[...] ¤ The Money Mythos vividly explains Why A 0% Loan Keeps Me Up At Night [...]

By: Jon

Jon — Sat, 07 Jul 2007 15:51:26 +0000

Thanks KMC! I appreciate that.

No Logic, it was meant to be somewhat “silly”, but it does help to bring up the fact that more people are using that money to buy iPhones than saving for retirement, which is not a good thing.

I don’t regret at all going to a cheap state school (that I paid much more for going as out of state). I got a good education and contacts to get me into the graduate school I wanted, but more important than all of that I met my wife, who’s priceless

By: No logic

No logic — Fri, 06 Jul 2007 21:59:04 +0000

By the logic of your silly post about the “true” cost of an iPhone, if you were to go to an in-state school (say, the Sandisk of universities), invested that $825 for two years and then left it to sit at 5.5%, you’d have nearly $150,000 after 35 years. Now that’s an expensive education!

Me? I went to a cheap state school, and now I can afford $17,000 for an iPhone if I want one.

By: KMC

KMC — Fri, 06 Jul 2007 13:48:42 +0000

Good for you. $825 is no joke to me; the fact that you’re paying it back says a great deal about your character. The fact that your father did what he did says a lot about his.
Good luck.