Posted by kyhayman on December 23, 2008 at 21:56:26 from (75.104.128.56):
In Reply to: Our frugal future? posted by Spook on December 23, 2008 at 18:48:17:
No, I really dont. My philosophy has always been, if I cant pay for it, I dont need it. I've borrowed money 5 times in my life. I hate it, absolutely hate it. Feel like Im a slave to whoever I own. Once, it was float to buy some cows when I was in highschool, paid them off in 30 days. The big one was to buy my first farm, demand note in the mid 6 figures. That one hurt 10 percent interest. I did buy one truck financed since the rate was better than my CD's were earning but I couldnt stand it so I paid it off. Another 30 day float to buy some property that I was turning around fast. Then the last time was on a house. I kept that one for years since my ex view money differently than I did. It was the only way I could get her to not spend everything.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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