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re: Debt Debt Debt.

Posted on 10/31/18 at 4:22 pm to
Posted by tigerfoot
Alexandria
Member since Sep 2006
56582 posts
Posted on 10/31/18 at 4:22 pm to
quote:

Yall are arguing semantics.
not really

quote:

otes on the cars so he's spending, what, a grand a year or so on gas, oil change, etc,


Insurance alone is 1200.00, 3 tanks a gas a month is 1400.00. 2600 dollars a year right there. times 6 years i s 15,600.00. That is 25% of his debt. Not insignificant.
Posted by LSU alum wannabe
Katy, TX
Member since Jan 2004
27050 posts
Posted on 10/31/18 at 4:28 pm to
quote:

Insurance alone is 1200.00, 3 tanks a gas a month is 1400.00. 2600 dollars a year right there. times 6 years i s 15,600.00. That is 25% of his debt. Not insignificant.




I enjoy Dave Ramsey. Many of his ideas are great. The envelopes and debt snowball, but I understand where you are coming from with the cars. That’s Dave too. It’s a bit puritanical. I as a borrower have sinned. I am a glutton and must be punished. Sell your cars and buy a shitty but dependable car and deliver pizzas as a side hustle.

Any of you guys in Katy or the Houston area and know a good finance person?
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