One Trillion

[Shroomster]

Originally Posted by Bob_VT

Well what pisses me off is the fact that I pay my bills on time....have never de-faulted on anything ..... don't make much money and I will just never get ahead.... but I am following the example I was taught ..... get married, kids, buy a home but now retirement is going to be when I eventually drop dead.

Same thing I was taught

Originally Posted by Bob_VT

I sincerely think the good old days were when interest rates were higher..... I remember that if you got a 15% rate on a car loan that was good. Then again that was only on a 3 year loan. Now people are getting cars for 6 and 7 years..... spending money on an asset that depreciates ????? for the next 6 or 7 years!!!!

call it depreciation all you want it's just a lable...My Wife and I had three choices:
1. get a new car w/o any major defects/needed work and pay it off over 6 years

2. pour money into a car with a failing engine and transmission (total parts would be well out of immediate liquid financial availability = no way in hell to come up with 3-4k on the spot)

3. find an alternate mode of transportation that is both safe & reliable (no way is she riding the bus or a bike in this neighborhood)


I'm not disagreeing with you I'm just saying for every opinion there is an explanation that falls outside the noted solution.