Funnily enough

Posted by Trogdor at 11:06pm Mar 8 '09
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even though there is all this talk about the failures of loans I went out and got a loan for a car 3 weeks ago. the loan is for $20,000. any more and i wouldn't have got it. the reason i got that is because i already have $10,000 saved up so if anything really goes wrong i've got half the loan covered already.

there is no way that i would have tried to purchase a $50,000 car.

same deal for home loans. only buy what you can reasonably afford.
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