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re: The Percentage of Americans With Less Than $1,000 in Savings Is Shocking

Posted on 12/20/19 at 9:02 am to
Posted by gamatt53
Member since Nov 2010
4934 posts
Posted on 12/20/19 at 9:02 am to
quote:

have over 15k in my account and I own 2 boats (one paid for, owe 56k on other)


You have 56k financed on a boat and are bragging about your financial position lol? Please tell me you guide off it or something and it is an income producing asset.
This post was edited on 12/20/19 at 9:04 am
Posted by oliveandblue
Member since Nov 2014
1673 posts
Posted on 12/20/19 at 9:03 am to
Isn't there a saying about things that float, frick, or fly?

Nice boats are an ugly money pit that lack the utility that a nice car brings.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 12/20/19 at 9:04 am to
If he can afford the note and has that much in savings, who are we to tell this random dude on an Internet forum board how to live his life? Should he have not financed his home either? Just paid cash?

I do agree that a boat is a terrible investment and a money pit, but if he’s got $$$$ I hope he’s living that boats and hoes life. I’m not a hater
This post was edited on 12/20/19 at 9:05 am
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