Property taxes are due December 31 of each year. However the county allows you to pay half then and the remaining balance by March 31 of the next year. There are no interest or penalties involved.
Which payment schedule would you adopt? What are the pros and cons of each alternative?
You see an item that appeals to you. There is one problem. You do not have the cash to pay for it within the terms of the purchase agreement.
You have a creative idea. You can move other payments out to be able to effect this purchase. While the moved payments will now be late, these sellers have lenient terms with no interest payments or late charges.
What do you do? Do you have a conviction to make prompt payments to all? Are you willing to wait on this purchase while you honor your previous commitments?
God’s word provides answers to every decision I need to make.