I have always pointed out to my children the magic number of 72. For easy understanding take your intrest rate into the magic number of 72. It works with any intrest rate. In theis case of 10% intrest every 7.2 years your money doubles. This is not to discourage or incourage you, but to slap you with reality in a simple form.
I is poor, and paid alot of intrest in my life, and try to keep the 20% plus intrest rates away from my kids door.
Good Luck on your decesion, rent isn't always a fun thing to pay either.
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Today's Featured Article - Show Coverage: Central Illinois Strawberry Festival - by Cindy Ladage and Janna Seiz. Every year the coming of summer is highlighted by different events for different people. For some, it is heralded with the end of school, tilling the garden, or completion of the planting season. To us, connoisseurs of find food, antique tractors, farm toys, crafts, and downright fun, the annual Strawberry Festival means summer is here. Every year, in Carlinville, Illinois, the Macoupin County Historical Society and the Macoupin Agricultural Antique Association team up to fill th
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