When I say "Cash Only" I don't necessarily mean literally. Now you can use debit cards just like checks and some banks don't charge fees to do so. I do mean neither a lender or borrower be. Why? I know that's what you are taught in colleges. Borrow till it hurts. Debt runs the economy. Borrowing only helps the money lenders. Period. End of story. Ironic that those are the very people making such moronic statements is it not? Look, going into debt to buy a property at 16% interest can turn a $25,000 property into a nearly $45,000 debt. Can't you think of anything better to do with that extra $20,000? I can. That's an employee's wages for a year and a half. That's nearly another property of equal value. That a good pay raise for a better employee. It could be new equipment. That could buy a decent pickup. How about a vacation for the wife? Quite the wedding ring, wouldn't you say? Instead you just bought any one of those things for a money lender. Still think that going into massive debt is a good thing? Go cash only and leave the money lenders at home.