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RE: To Finance or Not to Finance
Knowing what I know now, I wouldn't go into debt for anything. You can never be sure the work is there to carry on paying that debt and if you can't pay it, you risk losing your home. We may be coming up to that situation ourselves and my biggest fear is losing our home.
I can certainly see why you wouldn't want to go into debt.
That is one of our fears too. We have it figured out so that we should be able to pay our bare bones budget for two years with no jobs. But it's still a fear.
Thats what we've been working towards. Keeping that mortgage paid for as long as possible