Quote:
Originally Posted by Kalispel
I doubt it. Most working Americans today could not even survive in a one income household at this point, even without a car payment or children. The only reason the bulk of the 'middle-class' still exists any more is because of 2+ income households skewing the inconvenient truth. Most people couldn't even field a $500-1000 sudden emergency without resorting to interest-bearing debt to see it through. I see another crash in our future, and it will be a lot worse than 2008. And yes, new vehicle prices are just out of control - but don't worry, we have mortgage-like loans for cars now.
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Someday Audi R8, you will be mine.... you will be
meanwhile for the same price you can buy a half acre of land and a house in Tennessee
sure its Tennessee but... its a house
Also, I can afford an emergency up to around 1500 without resorting to debt, but that's literally only recently in the past year ( been trying to stick to a tight budget)