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[quote=Anonymous]I’m 29 and just got a six figure job. This is a big deal for me. I want to avoid lifestyle creep, but I do need a new car.... it’s on the border of “need” versus NEED.

I also have six figures of student loans to pay. Now if Biden can get the $50K forgiveness that would be huge, but I need to make a choice between paying the amount adjusted to my income, or paying more to catch up with interest. I also don’t know what the future holds for student loans or if another big break is on the table.

I don’t plan on taking on any more expenses. My rent is still $1300 and I’ll stay here until I move in with a partner.

But my car... is actually the same car I passed my drivers test with. I grew up with it. There is some sentimental attachment and it’s about to hit 200,000 miles. So the new car is becoming less of a want and more of a need, and I’d rather not hit the point where I break down on the Beltway. There is also the fact that there are zero percent rates out there right now and it would be the best time to buy.

But the financially responsible thing to do could also be to max out payments on those loans. What would your choice be?[/quote]

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