i should be at cars & coffee saturday unless friday night was too good.

 

Yeah that's no fun at all LOL

 

Do you pay cash for cars?

 

Most of the time unless I get a rate lower than my savings/CD rate. Sometimes I take the financing in order to sweeten the deal (since a dealer makes money on the financing) and then pay it off within 3 months.

I hate owing people money. If you owe someone money they control you. I owe a small amount on the jeep (at 1.5%) simply for cashflow purposes, but other than that, I only owe on my house (15y @ 3.375%).

I know I'm in a different place in my life than many, but I get worried when I hear people say "when I pay off one thing I'll buy another" as that's indicative of much of the financial crisis this country is currently in.

 

Interesting. Borrowing money is not a bad thing, especially a home. Both my cars are financed at 1.9%. I earn far more than this in the market so its just not a good decision from a pure financial standpoint to pay car for cars, a home, or anything where the supplier offers you little or no interest. I do understand the feeling of just not owing anyone anything.

The financial crisis was and is caused by people over extending and a sence of entitlement. "I need me a Mercedes or BMW but I wont buy health insurance" Or instead of buying this Altima, I'll get upside down and lease this BMW. MY favorite is, I only make 50K a year and buy a 200K home.

Hell there are people that own Evo's and cant afford oil changes or tires by their own admission.

 

Along those lines, Tom do you have any extra cans of oil? I need an oil change and with oil being so expensive and all.....

 

Yes, your in luck I picked up a full case of PEP boys brand. It was on sale for .59 cents a quart. Its labeled "Not for high RPM or Turbo cars" but hey... its oil right?

 

Yeah I need oil too tom. Hook a brotha up!!

 

You don't even have a running car...... LIAR

 

Not yet......but soon, very soon, I will be like "VROOOOOOOOOOM, VROOOOOOOOOOOOOOOM, SKEEEEEEERRRRRRTTTT!!!!"

 

Probably could have gotten a better deal if we'd done a group buy. So selfish, Tom, hogging all the good deals for yourself.

 

I agree with all all this

 

My financial crisis started when the oil barrel went over $85!!!

 

My financial crisis started when I learned what horsepower was.

-Acree

 

my financial crisis started when i bought a house

in the last 8 months:
new roof
new fence
new sewer line
new AC
new attic insulation


2 of the items cost more then a used evo 8 too insurance only covered one of them