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Money and Finances
Reply to "I Live Comfortably on Less than $70K After-Tax in DC Area"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] And yes, I paid off my car loan years ago. (I just need one, since I'm single.) Plus, because I am in a 3-person carpool, I spend very little on gas.[/quote] What will you do when your car needs repair/replacement? I don't see a line item for saving to replace or repair. [/quote] I'm planning to take a Home Equity loan. Or, I could take from my regular savings, but I'd rather keep that invested.)[/quote] So once that day comes around, your annual expenses will go up by at least 5%. Just saying, you're leaving a lot out when you break it down monthly like this without a long-term view. [/quote] A $30,000 car loan on home equity will be less than $200/month.[/quote]
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