Behaviors rich people have.

[normiss 800]

Disagree?

[Rick 67]

normiss

Disagree?

no you pretty much nailed it

You can't be drunk all day if you don't start early!

[JohnMitchell 16]

kallend

I don't see any cause and effect suggested. Just observations.

Of course not. But doesn't the scientist in you wonder? I certainly have my opinions.

[JohnMitchell 16]

normiss

Dude "It's only $20 more a month than your current payment!"

That's one of the many things I hate about car shopping. "How much can you afford a month?" Uh, I brought my checkbook.

My youngest daughter, though, has to drive a lot for her business (insurance sales) and needed a new car. She bought a brand new Civic for under 20K and, with me cosigning, got financing at 0.9%. When we were doing the paperwork at the dealership I advised her to put no money down, considering how cheaply she was being loaned money. Now she still has her rainy day cash reserves and a fairly easy car payment, set up on autopay so she'll never forget or be late.

[Opie 0]

Iago

Hope you like your car.

If you think I'm making a car payment I think you misconstrued my comment

[Tink1717 2]

15 out of 18, yet I'm still dirt poor. Hmmmmmm.

Skydivers don't knock on Death's door. They ring the bell and runaway... It really pisses him off.
-The World Famous Tink. (I never heard of you either!!)
AA #2069 ASA#33 POPS#8808 Swooo 1717

[JohnMitchell 16]

***Thats great. Assuming she gets mileage reimbursed you need to convince her to put all that money in a separate account. That should pay for gas, maintenance, AND the next car.

[She does get paid gas and mileage, and I've discussEd this with her.

[oldwomanc6 52]

Iago

Ah the mantra of the 'middle class.'


"Oh I'll always have a car payment!"

I read somewhere the average car payment is about $450 a month.

$450 a month over 30 years is $450k IN TODAYS DOLLARS assuming an average 6% return after inflation.

Hope you like your car.

I sure hope the middle class isn't living their cars, because what you quoted sounds more like a mortgage.

lisa
WSCR 594
FB 1023
CBDB 9

[hcsvader 1]

ive bought cars for what what most people pay per month in financing.
Ive only ever financed a new vehicle once, and I hated it. Thankfully it managed to end up on its roof and insuranced payed for it.

When I was younger I could not afford to pay someone to fix my POS cars so I had no choice but to learn how to do it myself.

As for the being rich thing, Im probably not that good with my money. Aside from RRSPs and Super I have very little for the retirement fund. At the moment I have maybe $10k in assets.

I live a very minimalistic lifestyle, almost everything I own I can carry on my back. For the past 5 years I have worked less than 6 months per year, been around the world a few times, absolutley living my dreams, and there always seems to be some money in the bank and beers in the fridge
I think people put way to much weight into the idea that to be rich you have to have lots of money and big houses and shiny new cars. If you have a place to sleep, clothes on your back, a way to get where you want to go and beer in the fridge, you are already incredibly wealthy. Maybe you just dont realise it because your to busy comparing things to those who have more than you.

Have you seen my pants?
it"s a rough life, Livin' the dream
>:)

[Squeak 17]

hcsvader

I think people put way to much weight into the idea that to be rich you have to have lots of money and big houses and shiny new cars. If you have a place to sleep, clothes on your back, a way to get where you want to go and beer in the fridge, you are already incredibly wealthy. Maybe you just dont realise it because your to busy comparing things to those who have more than you.

OR
you could have all of that and a little motorhome to boot

You are not now, nor will you ever be, good enough to not die in this sport (Sparky)
My Life ROCKS!
How's yours doing?

[hcsvader 1]

Squeak

***
I think people put way to much weight into the idea that to be rich you have to have lots of money and big houses and shiny new cars. If you have a place to sleep, clothes on your back, a way to get where you want to go and beer in the fridge, you are already incredibly wealthy. Maybe you just dont realise it because your to busy comparing things to those who have more than you.

OR
you could have all of that and a little motorhome toboot

or I could just keep on offering myself to the women who already have a van

Have you seen my pants?
it"s a rough life, Livin' the dream
>:)

[Squeak 17]

hcsvader

******
I think people put way to much weight into the idea that to be rich you have to have lots of money and big houses and shiny new cars. If you have a place to sleep, clothes on your back, a way to get where you want to go and beer in the fridge, you are already incredibly wealthy. Maybe you just dont realise it because your to busy comparing things to those who have more than you.

OR
you could have all of that and a little motorhome toboot

or I could just keep on offering myself to the women who already have a van

Your Canadian charms didnt work on me Cobar ground was hotter for you in the tent than me in the Van

You are not now, nor will you ever be, good enough to not die in this sport (Sparky)
My Life ROCKS!
How's yours doing?

[BikerBabe 0]

hmm... "they don't speak their minds"

I guess everyone on dz.com is poor!

in all seriousness, that one actually made me a bit angry.

Never meddle in the affairs of dragons, for you are crunchy and taste good with ketchup!

[hcsvader 1]

Squeak

*********
I think people put way to much weight into the idea that to be rich you have to have lots of money and big houses and shiny new cars. If you have a place to sleep, clothes on your back, a way to get where you want to go and beer in the fridge, you are already incredibly wealthy. Maybe you just dont realise it because your to busy comparing things to those who have more than you.

OR
you could have all of that and a little motorhome toboot

or I could just keep on offering myself to the women who already have a van

Your Canadian charms didnt work on me Cobar ground was hotter for you in the tent than me in the Van

Ya that kinda fucking sucked. I bet rich people have never slept in a $20 tent on a yoga matt during a heatwave in the middle of australia. it was seriously like 30C radiating off the ground I was trying to sleep on.
I guess rich people will never get to tell that story

Have you seen my pants?
it"s a rough life, Livin' the dream
>:)

[JohnMitchell 16]

BikerBabe

hmm... "they don't speak their minds"

I guess everyone on dz.com is poor!

in all seriousness, that one actually made me a bit angry.

I know what you mean but the closed mouth gathers no foot. And this:

The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts. – Bertrand Russell

[kallend 2,027]

Tink1717

15 out of 18, yet I'm still dirt poor. Hmmmmmm.

Maybe the other 3 are the important ones

...

The only sure way to survive a canopy collision is not to have one.

[Tink1717 2]

Ya, think??

Skydivers don't knock on Death's door. They ring the bell and runaway... It really pisses him off.
-The World Famous Tink. (I never heard of you either!!)
AA #2069 ASA#33 POPS#8808 Swooo 1717

[oldwomanc6 52]

Tink1717

Ya, think??

Now I'm curious as to which three .

lisa
WSCR 594
FB 1023
CBDB 9

[champu 1]

JohnMitchell

That's one of the many things I hate about car shopping. "How much can you afford a month?" Uh, I brought my checkbook.

The cash discount you need to make it worthwhile is straight-forward enough to calculate, but the result isn't necessarily intuitive.

Suppose you want to buy a $30K car with a 1.5% loan over 5 years. That's a monthly payment of $519.30 for five years. If you're going to pull money out of an account that is otherwise earning 7% you need to get that price down to about $26,225 (~12.6% discount) to make it worth paying up front.

[JohnMitchell 16]

Exactly. In fact, I would take the loan at 1.5% and keep the money earning 7% right where it is.

We bought a house in Lacey, WA last spring. We're still carrying about a loan of about $30K on it, at 3.75%. I thought about selling some stock to just pay it off, but the market is up about 12% over the same period. I would have lost $$ by paying off early.

Now, a cash rebate I'll take every time.