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kev374
Participanthow one saves $100k at 24 yrs is the big question? I barely got done with my studies at that age! Is this an inheritance?
Not that difficult with a decent tech job and being a miser.
Not that difficult? I think it is impossible.
Graduate with 4yr degree at 22, so are you saying in 2 yrs he saved 100k?I just wanted clarification with his statement of “saved up”, getting an inheritance is not “saving up”.
kev374
Participanthow one saves $100k at 24 yrs is the big question? I barely got done with my studies at that age! Is this an inheritance?
kev374
Participanthow one saves $100k at 24 yrs is the big question? I barely got done with my studies at that age! Is this an inheritance?
kev374
Participanthow one saves $100k at 24 yrs is the big question? I barely got done with my studies at that age! Is this an inheritance?
kev374
Participanthow one saves $100k at 24 yrs is the big question? I barely got done with my studies at that age! Is this an inheritance?
kev374
Participanthow one saves $100k at 24 yrs is the big question? I barely got done with my studies at that age! Is this an inheritance?
kev374
Participantleasing is extremely expensive and it’s NEVER EVER a good financial decision unless you’re able to write it off as a business expense.
My preference is to buy cars I can put at least 20% down and comfortably afford to pay off the balance completely in 3 years at a payment no more than 20% of your net income. Anything more and you’re overextending yourself. If that means that you can afford only a Geo Metro, so be it. People need to come down to reality about what they can really afford.
Way too many are stretching to the limits using credit!! I heard 84 month loans are common these days, absolutely ridiculous!
Once you buy the car keep it for at least 10 years.
kev374
Participantleasing is extremely expensive and it’s NEVER EVER a good financial decision unless you’re able to write it off as a business expense.
My preference is to buy cars I can put at least 20% down and comfortably afford to pay off the balance completely in 3 years at a payment no more than 20% of your net income. Anything more and you’re overextending yourself. If that means that you can afford only a Geo Metro, so be it. People need to come down to reality about what they can really afford.
Way too many are stretching to the limits using credit!! I heard 84 month loans are common these days, absolutely ridiculous!
Once you buy the car keep it for at least 10 years.
kev374
Participantleasing is extremely expensive and it’s NEVER EVER a good financial decision unless you’re able to write it off as a business expense.
My preference is to buy cars I can put at least 20% down and comfortably afford to pay off the balance completely in 3 years at a payment no more than 20% of your net income. Anything more and you’re overextending yourself. If that means that you can afford only a Geo Metro, so be it. People need to come down to reality about what they can really afford.
Way too many are stretching to the limits using credit!! I heard 84 month loans are common these days, absolutely ridiculous!
Once you buy the car keep it for at least 10 years.
kev374
Participantleasing is extremely expensive and it’s NEVER EVER a good financial decision unless you’re able to write it off as a business expense.
My preference is to buy cars I can put at least 20% down and comfortably afford to pay off the balance completely in 3 years at a payment no more than 20% of your net income. Anything more and you’re overextending yourself. If that means that you can afford only a Geo Metro, so be it. People need to come down to reality about what they can really afford.
Way too many are stretching to the limits using credit!! I heard 84 month loans are common these days, absolutely ridiculous!
Once you buy the car keep it for at least 10 years.
kev374
Participantleasing is extremely expensive and it’s NEVER EVER a good financial decision unless you’re able to write it off as a business expense.
My preference is to buy cars I can put at least 20% down and comfortably afford to pay off the balance completely in 3 years at a payment no more than 20% of your net income. Anything more and you’re overextending yourself. If that means that you can afford only a Geo Metro, so be it. People need to come down to reality about what they can really afford.
Way too many are stretching to the limits using credit!! I heard 84 month loans are common these days, absolutely ridiculous!
Once you buy the car keep it for at least 10 years.
kev374
Participantit is VERY BAD to help delinquent homeowners. These people have already proved that they are fiscally irresponsible. People who do this usually have a pattern of this type of behavior. Giving them an easy fix is moral hazard and only encourages this kind of behavior because it sends a message that running up huge bills and then crying crocodile tears solves everything!
People have to learn the hard way that there are consequences for bad decisions! Foreclosure isn’t forever, you can lose your home, learn valuable lessons, rent for a while and purchase again in a few years. Hopefully, the lessons learned will make for much wiser decisions.
Just my $0.02
kev374
Participantit is VERY BAD to help delinquent homeowners. These people have already proved that they are fiscally irresponsible. People who do this usually have a pattern of this type of behavior. Giving them an easy fix is moral hazard and only encourages this kind of behavior because it sends a message that running up huge bills and then crying crocodile tears solves everything!
People have to learn the hard way that there are consequences for bad decisions! Foreclosure isn’t forever, you can lose your home, learn valuable lessons, rent for a while and purchase again in a few years. Hopefully, the lessons learned will make for much wiser decisions.
Just my $0.02
kev374
Participantit is VERY BAD to help delinquent homeowners. These people have already proved that they are fiscally irresponsible. People who do this usually have a pattern of this type of behavior. Giving them an easy fix is moral hazard and only encourages this kind of behavior because it sends a message that running up huge bills and then crying crocodile tears solves everything!
People have to learn the hard way that there are consequences for bad decisions! Foreclosure isn’t forever, you can lose your home, learn valuable lessons, rent for a while and purchase again in a few years. Hopefully, the lessons learned will make for much wiser decisions.
Just my $0.02
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