Keep giving the good advice! Everyone with an open mind welcomes another point of view.

Anonymous wrote:Ouch. I have a 2006 X3 (that we bought for $20k over 4years ago!) and as much as I love it, it's an expensive car to own. The mileage sucks and it requires premium gas. And yes, any repairs are ridiculously expensive.

People do dumb things in their twenties. That sounds like an expensive lesson though!

I have always used regular gas for my 2009 BMW.

Anonymous wrote:Anyone who has a car that expensive, at that age, while earning so little money, is beyond redemption.

I would save my breath to cool my porridge.

+1. Is this on top of student loans? What does she live on or does she get a stipend from her parents?

I think you sound like a great "mentor" and I wish I had someone like you my ear in my 20's.

Anonymous wrote:

Anonymous wrote:It's crazy. But it is so not-your-business

I am her mentor in way. But minding our own business sometimes isn't always the way to go.

I tell the kids at my job they seriously need to stop smoking. I force them all the contribute to the 401K to get the match. I am just like that. They don't have to take any of the advice, but maybe just maybe if someone was like NO, you have to put $50 in your 401K I would have.

Jesus Christ. I would hate you if you worked in my office. I quit smoking nearly 7 months ago and I can't tell you the number of people who told me "seriously you should quit." You don't think I f***inf knew that? A 5 year nicotine addiction was no joke and of course I wanted to quit but hearing it from people with a snarky tone really pissed me off and made me think less of them for judging me as a smoker. Now that I actually HAVE quit I still feel the same way and would never lecture a smoker on this. Everyone who smokes knows it's bad for them and it's a personal decision to continue to do so. Unless my secondhand smoke is directly bothering you, f*** off.

To address your other statements, I'm not even eligible for my company's 401k. Even if I was, I would be similarly annoyed/offended if you "forced" me to contribute. You sound like a real a**hole. Glad you're not my "mentor."

Myob. Seriously. Don't be the offic busybody.

Anyone who has a car that expensive, at that age, while earning so little money, is beyond redemption.

I would save my breath to cool my porridge.

I'm in my 20s and am pretty shocked. Doesn't everyone contribute at least the amount that will be matched into their 401k??

And on the car loan thing, why is it so damn easy to get a car loan??? For a mortgage they give you a HUGE runaround and only let you spend up to 30% of your income. Car loans should at least have a ceiling percentage of income too. I have so many friends who are living paycheck to paycheck because their rent + car loan becomes too much.

Anonymous wrote:It's crazy. But it is so not-your-business

I am her mentor in way. But minding our own business sometimes isn't always the way to go.

I tell the kids at my job they seriously need to stop smoking. I force them all the contribute to the 401K to get the match. I am just like that. They don't have to take any of the advice, but maybe just maybe if someone was like NO, you have to put $50 in your 401K I would have.

Ouch. I have a 2006 X3 (that we bought for $20k over 4years ago!) and as much as I love it, it's an expensive car to own. The mileage sucks and it requires premium gas. And yes, any repairs are ridiculously expensive.

People do dumb things in their twenties. That sounds like an expensive lesson though!

It's crazy. But it is so not-your-business

I just want some other responses. you will make your own mistakes in life, but I do wish I had listen to the laws of compounding interest in my 20's. I just ignored them and went out to the club!

She still owes $19,000 on it.

How much longer does she have left on the loan? $350 a month is a lot. If it's for a year, keep it. If it's for 3+ years, SELL

Why does anyone think they need a car worth that much when you are making peanuts?

This 26 year old to sell her X3 because she only makes $40K! The used BMW is from 2009 and she pays $350 a month. The repairs on this car are NUTSO!

I don't know about you...but looking back...I would save and save and save and just get a rental car if I needed a car.

What doesn't everyone else think? Am I being too harsh?