Register free!
Search
 
     

The Green Industry's Resource Center


Click for Weather
Reply
 
Thread Tools Display Modes
  #11  
Old 10-03-2002, 12:42 AM
The Lawn Choupique The Lawn Choupique is offline
Banned
 
Join Date: Mar 2002
Location: The Occupied South
Posts: 199
Quote:
Originally posted by darryl gesner
Also, I'm in my first year and need to show all my income in order to impress banks and others who care.
When you get a little smarter you might be able to understand that it is better to impress your kids college account or your own retirement, rather than some bank and others who "if you really thinks that they care where are you for".
Reply With Quote
  #12  
Old 10-03-2002, 12:50 AM
Darryl G Darryl G is offline
LawnSite Fanatic
 
Join Date: May 2001
Posts: 7,957
My retirement fund and kids college funds are already pretty impressive. It's my truck that isn't! Kind of hard to get a loan/lease for a new truck for my business with little or no business income reported.
Reply With Quote
  #13  
Old 10-04-2002, 07:58 PM
The Lawn Choupique The Lawn Choupique is offline
Banned
 
Join Date: Mar 2002
Location: The Occupied South
Posts: 199
Allways pay cash. Allthough there is nothing with using credit cards and financing things. It just cost people who finance 20% more to live than those who pay cash.
Reply With Quote
  #14  
Old 10-04-2002, 08:34 PM
Darryl G Darryl G is offline
LawnSite Fanatic
 
Join Date: May 2001
Posts: 7,957
Lawn Choupique - I know what you're saying, but it doesn't hurt to finance something once in a while, especially at 0% APR. The only thing I have financed now is our house, and we only financed 65% of the cost. My wifes 2002 VW Eurovan was paid for with cash (actually a check) last winter... I took the $1,500 rebate instead.

I put about about $4,500 worth of equipment on an introductory 0% credit card in the spring and paid it all off without incurring any interest. Helps to build credit in case I ever need it.

I'm trying my best to have my business survive on it's own, so although I could pay cash for a new truck out of my personal finances, I'd rather not.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 01:59 PM.

Page generated in 0.07585 seconds with 7 queries