Reply to Help me spend my car payment!

Forum Index » Money and Finances

Reply to "Help me spend my car payment!"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Also, in the future don't buy a car with a $350/mo payment when you are $25k in the hole.[/quote]

It's not. It was $240, but when I got an additional $100 with the tax cut, I plowed that into my car payment. In fact, the original payment was just $235, but I've ratcheted it up a tad.[/quote]

There's no way the car payment had equivalent interest rates to the credit cards. If that's how you think, I agree with everyone recommending snowballing. 
As for college, put your oxygen mask on first, then get to the kids. [/quote]

I'm not, you're fixating on something that's really not relevant. The question at hand is how you would you spend an additional $700/month. [/quote]

It is relevant in that it demonstrates your mindset and lack of financial knowledge.  You got a $100 extra per month and wanted to put it towards debt (which is good) but plowed it towards what I am confident is you lowest cost debt (which is . . . not).  [/quote]

NP.  I agree - the entire post demonstrates lack of financial knowledge.  Just the title itself, "spending your car payment" demonstrates this.  As opposed to saying "help me pay off my high-interest credit cards", "help me budget", you're still in the "spend, spend, spend" mindset. [/quote]

FU. Don't lecture me about things as useless as word usage. I came here seeking feedback on how to best use a soon-to-be monthly windfall, for lack of better word, and to those that provided it, it's been a benefit and I thank them for it.

Would a person lacking so-called financial knowledge be thinking 2-3 steps ahead in situations such as these?

You have no clue about my spending habits and are woefully wrong to presume I have a spend, spend, spend mindset. I'd love to show you the holes in my pants and shirts to prove it. 
[/quote]
If you have nothing to show for your money, the fact that you have such high interest rate means that you don't know much about finances. Even if it was a sudden debt, you did not consolidate or negotiate. People are giving you solid advice. Attitude is very important in battling debt. It's looking like you don't care about debt at all. Thank you for keeping credit card companies afloat.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics