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Originally Posted by Kevsh
Some people here can take a lesson from successful people like this -- it's not all about "showing it" and the bling. I personally believe I'd rather spend money on doing things than buying things. Just my 2 cents!
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Same here
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Originally Posted by andrej_NDC
And some people will stick to $60k cars with their 2 bedroom apartments. Doesn't make you better or them worse. Why does it cracks you up in the first place? If you are happy with how you live your life, you don't care about others. I surely don't.
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Because they are living above their means, in other words they usually can't afford that $60k car. If they had any sense they would put all their available money towards paying off their mortgage a.s.a.p so that they owned their house and now have an asset.
THEN they could go and purchase that nice car, at least that way if they hit a rough year they could sell their nice car and they would still own their house.
With their current setup, if they hit a rough patch and they lose their jobs then they are literally fucked within a few months. Can't pay the mortgage = house repossessed.
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Originally Posted by Rochard
It's simple: Looking back, I wish when I was 25 I bought a house instead of buying a car I couldn't afford. I bought my second new car which was more than I could afford where if I bought the house I could have had two room mates maying my monthly mortgage for me.
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Well said
