Are we wasting our money?
#35
Lexus Test Driver
iTrader: (3)
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I'm not sure about that. If you die while being in debt, your children will eventually have to pay back that debt (at least here it's like that). I wouldn't want to leave any debt to my children. I'd rather leave them money and/or real estate.
I deliberately limit my "car" budget of approx. US$ 130 per month for mods and maintenance (gas money not included)
I have the car since 7 months & 7K miles. I think I have spent about $650 on maintenance and $300 on mods.
For the moment I'm not looking to do anything fancy. Just 2 - 3 things to make the car look nice and handle better (lowering springs, bushings, strut bar).
If I decide to keep the car for some time, I might get her a complete paint job and leather seats.
Also my significant other is not into modding, or spending any money on the car for that matter...
I deliberately limit my "car" budget of approx. US$ 130 per month for mods and maintenance (gas money not included)
I have the car since 7 months & 7K miles. I think I have spent about $650 on maintenance and $300 on mods.
For the moment I'm not looking to do anything fancy. Just 2 - 3 things to make the car look nice and handle better (lowering springs, bushings, strut bar).
If I decide to keep the car for some time, I might get her a complete paint job and leather seats.
Also my significant other is not into modding, or spending any money on the car for that matter...
![Frown](https://www.clublexus.com/forums/images/smilies/frown.gif)
#38
Lexus Test Driver
iTrader: (8)
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I'm not sure about that. If you die while being in debt, your children will eventually have to pay back that debt (at least here it's like that). I wouldn't want to leave any debt to my children. I'd rather leave them money and/or real estate.
I deliberately limit my "car" budget of approx. US$ 130 per month for mods and maintenance (gas money not included)
I have the car since 7 months & 7K miles. I think I have spent about $650 on maintenance and $300 on mods.
For the moment I'm not looking to do anything fancy. Just 2 - 3 things to make the car look nice and handle better (lowering springs, bushings, strut bar).
If I decide to keep the car for some time, I might get her a complete paint job and leather seats.
Also my significant other is not into modding, or spending any money on the car for that matter...![Frown](https://www.clublexus.com/forums/images/smilies/frown.gif)
I deliberately limit my "car" budget of approx. US$ 130 per month for mods and maintenance (gas money not included)
I have the car since 7 months & 7K miles. I think I have spent about $650 on maintenance and $300 on mods.
For the moment I'm not looking to do anything fancy. Just 2 - 3 things to make the car look nice and handle better (lowering springs, bushings, strut bar).
If I decide to keep the car for some time, I might get her a complete paint job and leather seats.
Also my significant other is not into modding, or spending any money on the car for that matter...
![Frown](https://www.clublexus.com/forums/images/smilies/frown.gif)
![Big Grin](https://www.clublexus.com/forums/images/smilies/biggrin.gif)
![Sad](https://www.clublexus.com/forums/images/smilies/sad.gif)
![Frown](https://www.clublexus.com/forums/images/smilies/frown.gif)
And also as said above in regards to dudes friends spending their money on vacations food, alcohol, drugs etc... THANK YOU! I'm the same way, I have something to show for EVERY penny that I make and yea, you can always sell them again to get some of it back. You cant resell the alcohol you drank or the the prostitute you banged
![Stick Out Tongue](https://www.clublexus.com/forums/images/smilies/tongue.gif)
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#40
Lexus Champion
iTrader: (9)
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I'm not sure about that. If you die while being in debt, your children will eventually have to pay back that debt (at least here it's like that). I wouldn't want to leave any debt to my children. I'd rather leave them money and/or real estate.
I deliberately limit my "car" budget of approx. US$ 130 per month for mods and maintenance (gas money not included)
I have the car since 7 months & 7K miles. I think I have spent about $650 on maintenance and $300 on mods.
For the moment I'm not looking to do anything fancy. Just 2 - 3 things to make the car look nice and handle better (lowering springs, bushings, strut bar).
If I decide to keep the car for some time, I might get her a complete paint job and leather seats.
Also my significant other is not into modding, or spending any money on the car for that matter...![Frown](https://www.clublexus.com/forums/images/smilies/frown.gif)
I deliberately limit my "car" budget of approx. US$ 130 per month for mods and maintenance (gas money not included)
I have the car since 7 months & 7K miles. I think I have spent about $650 on maintenance and $300 on mods.
For the moment I'm not looking to do anything fancy. Just 2 - 3 things to make the car look nice and handle better (lowering springs, bushings, strut bar).
If I decide to keep the car for some time, I might get her a complete paint job and leather seats.
Also my significant other is not into modding, or spending any money on the car for that matter...
![Frown](https://www.clublexus.com/forums/images/smilies/frown.gif)
Here, the decedent's liabilities can eat away at any bequeath or testamentary devise given to any of that decedent's beneficiaries.
But, once the decedent's assets are accounted for by all the creditors, those creditors can't go after the beneficiaries or issue of the decedent for the decedent's deficiency.
So, in the US, if you are inheriting from a deadbeat, the worst you can do is win nothing, but you lose nothing. Not a bad thing.
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#42
Lexus Champion
iTrader: (9)
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Amen to that!
Its all about budgeting. I too do not agree with dieing with debt, thats just a dumb way to teach anyone. In my opinion, if you dont have the money, dont buy! My pops told me, "if you want something, save up for it then buy it" of course that has nothing to do with buying very high dollar items like homes. Everything I've purchased I saved for, hell I even payed cash for the GS. I dont believe in credit cards either... On the sad side though, I wish I did pay for certain things (like the GS) on credit cause now when I on the market for a house, I have no credit
All my past cars are from too long ago to effect my credit
I had to start all over again.
And also as said above in regards to dudes friends spending their money on vacations food, alcohol, drugs etc... THANK YOU! I'm the same way, I have something to show for EVERY penny that I make and yea, you can always sell them again to get some of it back. You cant resell the alcohol you drank or the the prostitute you banged
(well maybe the prostitute) but even then, all the alcohol drank is thrown up an hour later
dont even get to enjoy it for more than an hour LoL
![Big Grin](https://www.clublexus.com/forums/images/smilies/biggrin.gif)
![Sad](https://www.clublexus.com/forums/images/smilies/sad.gif)
![Frown](https://www.clublexus.com/forums/images/smilies/frown.gif)
And also as said above in regards to dudes friends spending their money on vacations food, alcohol, drugs etc... THANK YOU! I'm the same way, I have something to show for EVERY penny that I make and yea, you can always sell them again to get some of it back. You cant resell the alcohol you drank or the the prostitute you banged
![Stick Out Tongue](https://www.clublexus.com/forums/images/smilies/tongue.gif)
![Roll Eyes (Sarcastic)](https://www.clublexus.com/forums/images/smilies/rolleyes.gif)
But investing in other hobbies, e.g. guns, ammo, and collectors items (think classic Rolex) is a great thing when they either keep their value as commodities or increase in value as collector's items.
You need to spend money on credit to receive more credit. The rationale is that those with a proven track record of paying off their debts on a consistent and reliable basis have the money and the discipline to be trusted with more credit.
#43
Lexus Test Driver
iTrader: (8)
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same with the banks. They dont like to give money to someone who has no proof that they will pay it back, well they will up to a certain point (going by income to debt ratio) but it wont be much. The better your credit history (or score) the more money they can trust you with
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![Cool](https://www.clublexus.com/forums/images/smilies/cool.gif)
LoL, sorry to the OP we so went on a total different topic! Well not really, we're still talking about wasting money
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#44
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Amen to that!
Its all about budgeting. I too do not agree with dieing with debt, thats just a dumb way to teach anyone. In my opinion, if you dont have the money, dont buy! My pops told me, "if you want something, save up for it then buy it" of course that has nothing to do with buying very high dollar items like homes. Everything I've purchased I saved for, hell I even payed cash for the GS. I dont believe in credit cards either... On the sad side though, I wish I did pay for certain things (like the GS) on credit cause now when I on the market for a house, I have no credit
All my past cars are from too long ago to effect my credit
I had to start all over again.
And also as said above in regards to dudes friends spending their money on vacations food, alcohol, drugs etc... THANK YOU! I'm the same way, I have something to show for EVERY penny that I make and yea, you can always sell them again to get some of it back. You cant resell the alcohol you drank or the the prostitute you banged
(well maybe the prostitute) but even then, all the alcohol drank is thrown up an hour later
dont even get to enjoy it for more than an hour LoL
![Big Grin](https://www.clublexus.com/forums/images/smilies/biggrin.gif)
![Sad](https://www.clublexus.com/forums/images/smilies/sad.gif)
![Frown](https://www.clublexus.com/forums/images/smilies/frown.gif)
And also as said above in regards to dudes friends spending their money on vacations food, alcohol, drugs etc... THANK YOU! I'm the same way, I have something to show for EVERY penny that I make and yea, you can always sell them again to get some of it back. You cant resell the alcohol you drank or the the prostitute you banged
![Stick Out Tongue](https://www.clublexus.com/forums/images/smilies/tongue.gif)
![Roll Eyes (Sarcastic)](https://www.clublexus.com/forums/images/smilies/rolleyes.gif)
Last edited by fordsvtmfl; 12-06-10 at 06:53 AM.
#45
Pole Position
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In order
1. Budget your money
2. Pay your bills
3. Buy something for the wifey
4. Put money away for a rainy day or kids college fund
5. Invest some money that will grow in time
6. Save more money
7. Buy something for your car ( to me it's not worth it anymore but I know to you guys, it's worth a lot. Maybe because my new hobby is building ar15/m4 and ak haha.)