Quote:
Originally Posted by Ohio Enthusiast
I would assume he didn't have enough cash for the other two options and would have had to take a loan to pay for them.
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Kind of true. I had the cash to buy any of them outright, but I had set a specific amount that I had allocated to the car purchase.
Basically I bucketize my funds and could have made the choice to say raid my travel funds. But with the interest rate I was pre-approved for a small loan that I could pay off with my next bonus would have made more sense.