this post was submitted on 26 Jul 2024
192 points (97.1% liked)
Asklemmy
43336 readers
824 users here now
A loosely moderated place to ask open-ended questions
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- [email protected]: a community for finding communities
~Icon~ ~by~ ~@Double_[email protected]~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
54m here, can I join in?
Pay yourself first. You pay rent, you pay a car payment, add paying yourself first. That payment can be as little as $1, but it goes into a savings fund AND IT IS GONE, just like any other payment EVERY MONTH. When the savings fund gets to an amount that it can be rolled into something that makes more interest, do it. But that money is GONE, for all intents and purposes. When do you use it? You will know, when you can pull it out for something that is not an emergency, but rather something that will last the rest of your life. No, cars don't count.
Cars, trucks, etc.... Here is the thing about cars and trucks. THEY ARE A COMPLETE WASTE OF MONEY AND THE NUMBER ONE WAY YOU STAY ENSLAVED TO MAKING PAYMENTS ON EVERYTHING ELSE. But wait Canopyflyer, you say with a roll of your eyes, I HAVE to have a car, because there's no public transit where I live. Dude, I live in the United States, no one takes public transit here, I fucking know. So thanks for dropping anchor there admiral obvious. Buy the most reliable and cheap to run car you can possibly find. That doesn't mean an old shitbox. Buy a car that's a couple of years old that has a reputation for reliability and has already lost that first year's depreciation. I currently drive a 10 year old Camry LE, that I bought with 7k on the odo. Using a car to show how big your cock isn't, is the epitome of stupidity and is disastrous to your future financial health. If you're driving the latest SmallCockMobile with a $1k payment +... You are a complete fucking moron.
CAVEAT ON VEHICLES: If you can have someone else pay for it, then sure, go buy that ego mobile. That includes the company you work for, or if you're in a business where you have to have a certain type of vehicle. I have a great deal of respect for a person that works with their hands and needs a truck to carry their tools.
OK, maybe that's two bits of advice, but both are financial, so I'm sticking with it.