your dream truck is 1/3 of monthly pay .. do you buy or not
02-19-2018, 08:54 AM
#61
Senior Member
The quickest way I know of getting in debt up to ypur eyeballs is trying to keep up with the people that already are.
The following 3 users liked this post by JCR 56:
02-19-2018, 08:59 AM
#62
Senior Member
02-20-2018, 07:05 PM
#63
Senior Member
nah. I was raised on a mentality that you drive a beater, save, and then only buy vehicles with cash. So any payment is cross grain to what was instilled in me from a young age. It's my own personal feelibg, but feel that it's worth noting in a thread like this.
Right that you only live once and if you can afford it go for it, but at the end of the day it's a motor that makes some tires, some seats, and some accessories go forward and backward, it takes you from point a to point b. Try to treat your future self kindly.
Right that you only live once and if you can afford it go for it, but at the end of the day it's a motor that makes some tires, some seats, and some accessories go forward and backward, it takes you from point a to point b. Try to treat your future self kindly.
With the truck prices today however it'll take a long time saving $50,000+ depending on age, income & debits of course.
I put down around 3/4 of my truck's final selling price plus an extended warranty.
Still owe approx. $12K which i intend to pay out sometime this year.
We all aren't getting any younger.... enjoy (if practical) while you still can.
02-21-2018, 07:23 PM
#66
Senior Member
Its simple.
For anyone with a company 401K or other savings plans, max them out and then you can forget about retirement.
Then save some of whats left over for emergency expenses in a money market or even a passbook account.
Then after living and other expenses is what you can spend on toys.
Although i need a truck occasionally, its 80% toy.
02-21-2018, 08:44 PM
#67
Its even more agonizing going through life being able to budget and still not buy the toy of your dreams because of what financial gurus' say.
Its simple.
For anyone with a company 401K or other savings plans, max them out and then you can forget about retirement.
Then save some of whats left over for emergency expenses in a money market or even a passbook account.
Then after living and other expenses is what you can spend on toys.
Although i need a truck occasionally, its 80% toy.
Its simple.
For anyone with a company 401K or other savings plans, max them out and then you can forget about retirement.
Then save some of whats left over for emergency expenses in a money market or even a passbook account.
Then after living and other expenses is what you can spend on toys.
Although i need a truck occasionally, its 80% toy.
02-27-2018, 12:06 AM
#68
Senior Member
The following 5 users liked this post by babock:
10splaya22 (02-27-2018),
77Ranger460 (02-27-2018),
bassJAM (02-27-2018),
JCR 56 (02-27-2018),
UncleG (02-27-2018)
02-27-2018, 09:47 AM
#69
Senior Member