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re: Bad credit auto loan, big down payment

Posted on 2/27/14 at 10:01 am to
Posted by anc
Member since Nov 2012
18211 posts
Posted on 2/27/14 at 10:01 am to
quote:

I want a nice truck and I was advised to buy a brand new one.


Someone gave you bad advice.

Buy a $14,990 truck and spend the extra $10 on a copy of "The Millionaire Next Door."

Someone with your kind of income at 27 years old could really be smoking by 40 if they don't waste their money on toys.
This post was edited on 2/27/14 at 10:05 am
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 2/27/14 at 10:13 am to
quote:

Someone with your kind of income at 27 years old could really be smoking by 40 if they don't waste their money on toys.


Or dead....

These conversations are always silly on here and it being a MT board there is obviously a larger % of financial outliers on here than the typical OT type board.

You can't live your financial life preparing only for turning 60 and you can't live your life as if you'll never turn 60.

Finding that comfortable spot is often ignored on here.

Avoiding debt on unnecessary goods is obviously the advisable path, but it's not always the devil.
Posted by LNCHBOX
70448
Member since Jun 2009
84535 posts
Posted on 2/27/14 at 10:17 am to
quote:

Someone with your kind of income at 27 years old could really be smoking by 40 if they don't waste their money on toys.



Some people call it living life. Imagine all the money you would save if you never spent any of it
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