Getting Started: Don't Borrow, Do Prosper

DON'T BORROW, DO PROSPER

It's an ugly secret that money lenders don't tell you. You can buy what you want now, but it hurts your money situation down the road. Each time you buy something and don't pay for it with cash, it costs you more money. That adds up over time, and big time. Between interest rates, depreciation and the inability to negotiate (since you're not dealing with cash), borrowing money will suck the life out of your wallet or purse. See exactly how borrowing costs you! Did you miss Step 1? Get it now.

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