8th Generation Honda Civic Forum - View Single Post

investingdad · 12-04-2008, 09:06 PM

I've spent a lot of time on other forums (including some money forums on MSN) trying to help people understand how NOT to get into these sorts of ridiculous debt situations.

It never fails to knock me over when I see people that are teens and 20s (or any age, really) driving cars that cost anywhere from 50% to 60% of their income. Pure insanity.

My wife and I...well, let's just say our income is good and leave it at that. My daily driver is a Nissan I paid 14K for. The most expensive car I bought was 22K and it gave me the shakes paying that much. So when I see people making less than 20% of what my wife and I bring in but are driving a car that costs twice as much as mine...simply unreal.

Anyway, that's neither here nor there. I hope the OP is able to build of this mistake and keep it in mind for the future. Sounds like he may be making a good start.

12-04-2008, 09:06 PM	#33 (permalink)
investingdad Member Join Date: Nov 2008 Posts: 31	I've spent a lot of time on other forums (including some money forums on MSN) trying to help people understand how NOT to get into these sorts of ridiculous debt situations. It never fails to knock me over when I see people that are teens and 20s (or any age, really) driving cars that cost anywhere from 50% to 60% of their income. Pure insanity. My wife and I...well, let's just say our income is good and leave it at that. My daily driver is a Nissan I paid 14K for. The most expensive car I bought was 22K and it gave me the shakes paying that much. So when I see people making less than 20% of what my wife and I bring in but are driving a car that costs twice as much as mine...simply unreal. Anyway, that's neither here nor there. I hope the OP is able to build of this mistake and keep it in mind for the future. Sounds like he may be making a good start.