Consumer Credit Counseling service says spending with cash can often help you avoid debt.
In some cases, debt can lead to high end foreclosures like a 7,000 square foot home in Jackson. But even with the economy as it is, big ticket items still seem to be shipped out of the store.
The boating department in Bass Pro Shop says its business hasn't slowed. People are just spending out of their pockets.
"It used to be just basic low to moderate income people, poor folks losing their homes, but now you know it doesn't discriminate," said Jimmie Sandifer, real estate agent.
"Put the numbers on paper," said Chris Burford of Consumer Credit Counseling. "Do I need it this bad? What's the cost of this interest cost?"
"Financing is a little tougher now than it was because of the economy," said Ken Blair of Bass Pro Shop. "But if people wants boats, they're buying them out of their pocket."
Bottom line, if you're looking to spend, Consumer Credit Counseling says foreclosures may be a good option, Just do your homework. And if you can afford to buy the big ticket items, always look for deals.