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Money and Finances
Reply to "Finally entering six figure land. New car or pay down loans?"
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[quote=Anonymous]Congratulations! If you’re in a field that’s more solid in these times and a reliable car is needed for that job, get the car but be practical about it. When I was younger and struggling, my old car broke down and made me late a few times in a job where that was not appreciated. However, if you don’t NEED the car right now and your job is one that could be cut if the economy worsens, I would hold off and focus on having an emergency fund that will help you pay bills if you lose your job or need to quit suddenly.[/quote]
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