Started By
Message

re: Another just starting out thread.... 24 year old

Posted on 6/6/19 at 5:00 pm to
Posted by kennypowers816
New Orleans
Member since Jan 2010
2446 posts
Posted on 6/6/19 at 5:00 pm to
quote:

I recommend this. You'll just eat your losses if you sell it. This board is overly conservative on autos...basically a viewpoint of it only takes you A to B and drive the cheapest thing possible it until the wheels fall off.

You've learned the lesson, now just don't repeat it in the future. But also, enjoy yourself since you are young and clearly like having a nice truck.


I generally agree with this. You've already made the bad decision, but if you genuinely get enjoyment out of the truck, then don't beat yourself up over it. You just started work and don't seem to be loaded with student loan debt or expensive housing. If you get enjoyment out of the truck, keep it.

However, as someone else said, you're 24 once. If you like to travel, create some room for travel and/or experiential spending in your budget. If you are tight once you budget everything out and you don't get enjoyment out of the truck, sell it for a cheaper car and use the difference on experiences.

All things considered... you're single, making $57k, no mention of ridiculous student loan debt, and pretty low rent. I think you're in a good spot.

Make a budget and you should be able to squirrel away a good bit for retirement early while also enjoying your 20's.
Posted by JohnDoe00
Houston, TX
Member since Feb 2019
819 posts
Posted on 6/6/19 at 5:05 pm to
I really appreciate all the suggestions.

To clear it up.. No student loan debt and no other debts besides the vehicle.

Ill start investing/saving now and get a little travel in soon.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram