G-SPOT lost,
I'm sure you believe with all your heart that what you say is the truth, and maybe it is, for you.
I think it is alittle unfair to brand everyone who borrows money from the bank to pursue their dream a cop out! I know I'm not a cop out and I borrowed money from the bank to do it and I dont have youth on my side, I'm 35.
Each and every persons situation (personal and financial) is individual to them, so therefore sweeping statements like your (well intentioned) post serve no real purpose but to place confusion in the mind of someone genuinely seeking advice.
To P. Savage I would say, if you get away with not borrowing the money, more power to you, but if you simply have to make sure you approach your friendly bank manager from as strong a position as you can, make a business plan, take your parents to the interview and haggle the interest rate.
Dont be disheartened by the last post, not everyone can choose that path, just make sure that your "parental backing" isnt just financial.
Good luck and if you want any specific advice from someone in the thick of it all feel free to e mail me.
Cheers
TBL
