Interesting thread. We only have our mortgage payment on our home. I would love to get it paid off, but still have around 20 yrs. fortunately almost half the value is capital, which tempts me to sell out, but it’s such a cool place!
It’s just not worth it on any level for us to put our little ones in daycare. If my wife worked she’d do it for what? To take almost all she made and give it to the daycare. Never made sense financially, to say the least, and that’s just for starters. All the time lost with the kids. Why have them?
We buy cars outright. Hate payments on depreciating items. That’s how people usually get in over their head. They owe more than the item is worth.
College. My kids have some money in college savings investments, thanks to their grandfather, but that’s it for them. They can work and pay their own way. That’s life.
@cliffish , that is so how car salesman look at me when I say, no, how much is the car? They have no clue what to say to that and resort to the how much can you afford monthly payment gimmick.
I’d never buy a new car. Let someone else take that hit. Besides, you know it’s a loss when the car is advertised $5,000 off! Give me a break. How can people not know that this is a marketing gimmick? My wife still brings advertisements to me saying, 50%off! Sale ends tomorrow. Oh really, there will be another sale tomorrow e.g. Black Friday, Black Friday Continues, Cyber Monday, et al. And just call and see if you can still get the deal. Odds are you can get a better deal. They want to move inventory, that’s the name of the game.
It’s just not worth it on any level for us to put our little ones in daycare. If my wife worked she’d do it for what? To take almost all she made and give it to the daycare. Never made sense financially, to say the least, and that’s just for starters. All the time lost with the kids. Why have them?
We buy cars outright. Hate payments on depreciating items. That’s how people usually get in over their head. They owe more than the item is worth.
College. My kids have some money in college savings investments, thanks to their grandfather, but that’s it for them. They can work and pay their own way. That’s life.
@cliffish , that is so how car salesman look at me when I say, no, how much is the car? They have no clue what to say to that and resort to the how much can you afford monthly payment gimmick.
I’d never buy a new car. Let someone else take that hit. Besides, you know it’s a loss when the car is advertised $5,000 off! Give me a break. How can people not know that this is a marketing gimmick? My wife still brings advertisements to me saying, 50%off! Sale ends tomorrow. Oh really, there will be another sale tomorrow e.g. Black Friday, Black Friday Continues, Cyber Monday, et al. And just call and see if you can still get the deal. Odds are you can get a better deal. They want to move inventory, that’s the name of the game.