I will always finance toys.

We all thank you for that life lesson.

And a lot of us disagree with it!!!!!!

I never finance anything cars,boats,homes,etc. oh wait i did finance a stripper one time (CREDIT CARD) after club charges,stripper fees,drinks etc. it was over 3grand and that was just me and one stripper...I think? Happy financing and stay warm.

My credit union wouldnt finance a boat older than 15 years. They didnt care if I wanted to borrow 5 dollars or if the boat was worth 100k.

Im not sure what kind of "toys" you're talking about but we are talking boats, hot rods, four wheelers, and that kind of stuff.

The right analogy is to not over finance anything.
I have financing on my house, car & boat. That said, the amount of financing is far less than even a fire sale price for each. So, if I ever get into financial trouble I can sell off and walk away clear (and with some cash in my pocket).

If everyone was fortunate enough to pay cash for everything, I'm pretty sure we would all be racing to the gas docks somewhere in the keys every morning!

Amen.

That's good advice. However if I don't finance my toy I will never have my toy.