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Apr 19, 2021
1:14
:24
pm
stenso
Starter
I agree. If possible, find a used, reputable model and drive it into the dirt.
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stenso
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stenso
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Nov 4, 2018
Last login
Sep 27, 2024
Total posts
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Messages
Author
Time
What’s some generally accepted financial advice that you haven’t found to be
Odysseus
4/19/21 12:40pm
What kind of old cars were you driving? My Subaru is 11 years old and other than regular oil changes and replacing the
Slim
4/19/21 12:44pm
You go girl!
Sea Chicken
4/19/21 12:48pm
Toyota Camry, Chrysler Town & Country, Honda Odyssey, Saturn Vue, and Honda
Odysseus
4/19/21 12:59pm
Were you buying salvage vehicles?
Roadrunner70
4/19/21 1:14pm
Sounds like you had a run of bad luck
Backcountry
4/19/21 1:20pm
I think he had a couple run-ins with dirty mike and the boys.
Baron
4/19/21 1:30pm
Camrys are generally very reliable. Haven’t had
ByuImaginesDragons
4/19/21 8:50pm
I had a Subaru Forester for over 16 years. Best car ever.
Benfica1
4/19/21 1:12pm
We've owned a lot of Subarus with very little maintenence.
Soupie
4/19/21 3:01pm
Interest rates being so low have definitely changed some of the traditional
wabluecoug
4/19/21 12:45pm
Pay off your home early. Also the starting salary at the beginning of your
Baron
4/19/21 12:47pm
Totally agree, start you career with what will set your career up long term
jrob30
4/19/21 12:56pm
Are you saying 100,000 is old? The newest car ive ever bought had 138k.
Backcountry
4/19/21 12:48pm
I agree. If possible, find a used, reputable model and drive it into the dirt.
stenso
4/19/21 1:14pm
in summary, the financial advice he stated was garbage is in fact still viable.
Mayor of Cougartown
4/19/21 2:03pm
Yep. My toyotas and hondas have never let me down.
Backcountry
4/19/21 3:01pm
Emergency funds are overrated
jrob30
4/19/21 12:51pm
I agree, but it depends. If you’re self-employed it can be a lifesaver
stenso
4/19/21 1:15pm
There are exceptions I agree, I just dislike the blanket advice.
jrob30
4/19/21 1:57pm
Same here regarding cars. I don't buy used cars anymore. I'm not a car guy so
Vincent's Picks
4/19/21 12:54pm
Don’t spend > 1/3 income on housing hasn’t applied for a decade. Housing costs
valleus
4/19/21 12:56pm
Pay off your house ASAP. My FIL did that. I've posted this numerous times
Adwight
4/19/21 1:01pm
Small payments towards your house can significantly cut your mortgage term.
OPINIONS
4/19/21 1:02pm
Car payment $300/mo - you really spend $3600/yr on repairs?
kccougar
4/19/21 1:03pm
No, but you're excluding the re-sale/trade-in value. Newer cars don't depreciate
Odysseus
4/19/21 1:06pm
If you drive a lot of miles, then your depreciation on a new vehicle is probably
BYUMizzou
4/19/21 1:26pm
Ya, I think you may be underestimating the depreciation on a new car. With a few
kos
4/19/21 1:40pm
The best value cars lose 50% of their value in 5 years.
kccougar
4/19/21 9:50pm
You need credit cards to build good credit...I haven’t ever had a credit card
ByuImaginesDragons
4/19/21 8:51pm
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