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Old 12-23-2013, 03:58 PM   #817 (permalink)
ElVee
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Location: Iowa
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Just following along, and I know I'm late and I don't know your financial details...

- don't buy a new car unless you can throw the money at it and not miss it/sweat it. That includes the debt, which as Chuck said, is not good debt. If you can pay ~$600/mo and not feel the pinch, have at it.

- If you don't have a girlfriend and would like a girlfriend, a new car won't compete with having your own home. Unless you plan on uprooting elsewhere, it's not a *bad* idea to get into some good debt. But definitely talk around to anyone you know who's had a property or two. Unless you know what you're getting into, you might end up being very disappointed. Or you might end up taking a big loss and avoiding that idea again. Good debt, but it *is* a commitment.

Anyway, I know the advice is likely not wanted, but a car only fills a certain part of life's desires/needs. Think about the other parts, too. (I should bookmark such advice for my future self!)
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