Originally Posted by
Silver02ex
I use his plan to get out of debt, build the 6 months of EF and 15% into my 401k along with our kids 529, and a 15 year mortgage. The issues I have is his plan is not a 1 size fits all approach. A couple years ago I purchase a new car that I intended to pay cash. The dealer offered 7K off MSRP if I finance with the manufacturer. I did that and paid it off once I got the first statement.
Dave would agree, you essentially paid cash.
It’s the spirit of the law not the letter of the law.
You achieved the same thing.