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#10
02-25-2013, 04:18 PM
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My rule of thumb is that if I don't have the cash to pay for something hobby-related I should not be buying it. If I was to bid on something at auction that required me to draw on a LOC to pay for it, I would do so only with the understanding between me and my CPA, er, wife, that I would liquidate other items to pay down the credit line and any accrued interest. My feeling is that when you start taking on debt to cover hobby stuff it has turned from a hobby into an addiction.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 02-25-2013 at 04:19 PM. 
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