We are debt free and purchase everything with cash.
It takes forever to make significant purchases like automobiles etc.. The power in banking as we do is never paying interest and financing fees.
If you finance a $30,000.00 car for 60 mos. at say 6% and I spend the same TOTAL amount of money the results are staggering.
Assuming a finance charge of $3000.00 your payment would be $637.98 per month for 60 months for a total of $38,278.80!
With the same money we'd buy a $38,000.00 dollar car.
That's a heck of a lot nicer ride for the same money!
It just takes patience.