Loans and Investments
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WELCOME TO MY FUTURE HOUSE
HELLO, MY NAME IS SHIRLEY AND
I JUST CAN’T SEEM TO AFFORD IT
IT REALLY IS A BEAUTIFUL HOUSE..
$50,000
YOU SEE I’M A NONPROFIT WORKER FOR UNITED WAY AND MY ANUAL SALARY IS
SO I WENT TO THE BANK TO TAKE OUT A LOAN
In the end it took me 5 years and 9 months to pay off the loan. I also ended up paying an extra $57,000 in interest!
Photo by free pictures of money
MY NAME IS DEBORAH
MY HUSBAND AND I HAVE BEEN SAVING UP OUR MONEY TO BUY A HOUSE
Photo by Ryan Holloway
$50,000
I’M A NONPROFIT WORKER FOR UNITED WAY AND MY ANUAL SALARY IS
4 YEARS AND 10 MONTHS AGO I WENT TO THE BANK
AND MADE AN INVESTMENT
WE THEN FOUND THIS BEAUTIFUL HOUSE
In the end it took me 4 years and 10 months to earn enough money. But on the other hand the bank ended up paying me $32,500 in interest!
Photo by Great Beyond
I recommend that people listen to Deborah. By making an investment it took less time to buy the house and she ended up getting interest payed from the bank towards her savings!
If you are like Shirley, and you need to find a house and move in as soon as possible you should go the loan direction.
Photo by wdroops
However if you’ve got the time and the patience, follow Deborah and make an investment. It will save you a lot of money!
Photo by Thomas Hawk
