Anonymous
11/17/2020 22:50
Subject: Re:Finally entering six figure land. New car or pay down loans?
Battery died? Brakes? Thats normal stuff. The car is GOOD.
You can take it to 250-300k easy with maybe 4-5k over the next 2-3 years.
If you arent driving into work now, it DEFINITELY isnt an immediate concern. Pay off as much as you can while the interest rate is at 0%. Make sure you have 3-5K extra set aside for car repairs. You live in DMV correct? You can get an Uber, Lyft, Taxi in 10-15 minutes to get to your job if needed.
If you can work in a WAH agreement at the end of 6mos-1year to 1-2 days WAH, you will be able to use the car even longer.
Car repairs still happen with new cars. You could get a lemon, you could get in a fender bender, etc.
And if its about girls, let me tell you something. The type of girls who wouldnt date you because you drive an old civic will always want more. As a female, I am more impressed by a person who thinks ahead, saves, and doesn't blow money on materialistic items. You have a car that works, use it. Youve got a watch that works, wear it. Etc.
You can take it to 250-300k easy with maybe 4-5k over the next 2-3 years.
If you arent driving into work now, it DEFINITELY isnt an immediate concern. Pay off as much as you can while the interest rate is at 0%. Make sure you have 3-5K extra set aside for car repairs. You live in DMV correct? You can get an Uber, Lyft, Taxi in 10-15 minutes to get to your job if needed.
If you can work in a WAH agreement at the end of 6mos-1year to 1-2 days WAH, you will be able to use the car even longer.
Car repairs still happen with new cars. You could get a lemon, you could get in a fender bender, etc.
And if its about girls, let me tell you something. The type of girls who wouldnt date you because you drive an old civic will always want more. As a female, I am more impressed by a person who thinks ahead, saves, and doesn't blow money on materialistic items. You have a car that works, use it. Youve got a watch that works, wear it. Etc.
Anonymous
11/16/2020 21:30
Subject: Finally entering six figure land. New car or pay down loans?
Anonymous wrote:You are too into cars. Pay attention to your job, student loans and start investing for retirement. Good car that doesn't leave you on beltway would cost you ca $5k. Get a small Japanese car and good to go.
Try to be sentimental about a retirement account and investments, but also paying down your student loans.
I invested in Tesla. Just made ca $16K in an hour with S and P inclusion. I feel just as warm and fuzzy about my investment account as you feel about a buying a new car.
Lol. humblebrag much, bro?