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Money and Finances
Reply to "Spinoff: How do you live below your means?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We buy three-year-old Hondas and drive them for seven years, trade in and repeat. And we send our kids to public school. Just taking these two steps means that we don't have to worry about how much we spend on coffee or lunches. [/quote] Why trade them in after 7 years? They rarely need work besides oil changes and tire rotations etc. my Honda is 17 years old. Only big work I did was a timing belt for $1000. I bought it used for $6K with 130,000 miles. [/quote] I am still driving my first car out of college which is 19 years old. That said at the 7-10 year mark i did have a few years of 3-4k repairs so I csm understand folks not wanting to go that route. We've had to replace the transmission back in 2014 and got ripped off by the cost of it ($5k) which hurt. Since then nothing major. I yhink my limit these days that I would pay on repairs is $1k but haven't had to pay more than $900 since 2014.[/quote]
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