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  Borrowing Money Part 1

  Besides life’s big-ticket items – home, car and college – you may be tempted to borrow money to pay for an assortment of other expenses such as furniture, appliances and home remodeling.

  Generally speaking, it’s best to pay up front for furniture and appliances since they don’t add value to your home and are depreciating assets. If you do finance such purchases, however, read the fine print.