Audio Debt?

gregadd, im sure you were joking but your description of a true audiophile soounds like people who are addicted to things like gambling & drugs.

anybody who blows the rent money on anything other than rent is a person who's priorities are out of whack.

i have no audio debt,never have & never will.

The only smart thing about this hobby that it is basically cash only. You are not a true audiophile if you have not blown the rent money on a discounted must have one time piece of equipmet.

Audio may be fun, but it sure ain't worth going in debt over!

I have some debt on my audio system, not much, but I think paying a reasonable intrest rate makes a lot more sense, and is a lot cheaper, than paying a cable T.V. bill. How many have cable hook up to their home theater system? The important thing is to use credit carefully and stay in budget. Avoid impulse buying at all costs. On the other hand if one would accumulate so much debt that one could not pay it back in a lifetime, that would be like getting stuff for free!!!!

I never have, but you could make a good case for it. If someone will hold onto the equipment for 3-5 years, why not pay for it over 3-5 years, especially if a low interest rate is available? Lots of folks go into debt over cars and they depreciate just as quicly if not more so.

cash only here.

agree with Narrod

Ahhh, the benefit of 0% credit cards!

Only if they're morons.