Quote:
Originally Posted by suaveflooder
With all due respect, do you see any problems with the things I highlighted? I do mean this as someone who hates to see people struggling...especially with money.
Debt adds up! Trust me! I am stoked that you got the car, I really am! I love mine and I'm sure you will love yours too, but there are other things to get in line before you buy a toy....and it is a toy. The only thing practical about this car is the gas mileage!
:happy0180:
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Oh absolutely, I made some terrible choices. Well terrible in the sense of "carrying as much debt as I possibly could have" but not in the sense of "so much debt I can't make the payments". I was always of the mindset "pay all of my bills, and whatever is left is free money for whatever". So credit cards never got paid down because I made the minimum payments. But over the past year I've really gotten a hold on my finances, and improved my situation substantially.
But the revolving debt is all paid down to zero now, and aside from my car, the only debt I have is subsidized student loans at ~3% apr. But since I'm still a student, that will stay in deferment for about 4 or 5 more years. (I work full time and go to school part time - not taking on any more student loans because I don't need to anymore)