That's fine as long as that's factored into your leisure funds.
Me personally, I could give a shyt about a car. Does it get from a to b....
Cool.
No Job, Loads of Debt: Covid Upends Middle-Class Family Finances
- Thread starter Anerdyblackguy
- Start date
Me personally, I could give a shyt about a car. Does it get from a to b....
Cool.
I'm the exact opposite. My life has always revolved around cars. I work in the car business. I learned how read reading car brochures.
If I stop caring about cars, I've probably stopped caring about everything else way beforehand.
Insensitive
Superstar
I try dropping knowledge all the time in my personal life.
But this old phrase is really true "A fool and his money..."
I've seen people brag about the half a grand they put into
their trucks or jeeps and I'm just left confounded.
shyt makes no sense to me and this article reiterates how
dumb some people are with their money.
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88m3
Fast Money & Foreign Objects
Guy might use the truck for work otherwise it doesn't make a lot of sense.
I'm sure they're relatively comfortable in equity and otherwise being in Rockland if push came to shove but that isn't the point.
The middle class are in a tough bind in high cost areas as it is and as laid out in the article if a spouse or both earners have been laid or having reduced work load is going to wipe a lot of folks out. It's embarrassing how little the federal government has done to protect business owners, the unemployed, and states during this. The blame rests solely on the Trump administration and the Republican senate.
Personally I was stressed out of my mind for months over the things that have been happening and I reduced my debt and expenses by more than half going into this year prior to the pandemic. I also have almost no personal debt(cc/student loans) just housing costs and mortgages.
I have a nice car for work I leased and then bought out at the end so no expense there anymore either granted I write that off. I enjoy cars personally but I also need them to travel for work and run errands.
I'm sure they're relatively comfortable in equity and otherwise being in Rockland if push came to shove but that isn't the point.
The middle class are in a tough bind in high cost areas as it is and as laid out in the article if a spouse or both earners have been laid or having reduced work load is going to wipe a lot of folks out. It's embarrassing how little the federal government has done to protect business owners, the unemployed, and states during this. The blame rests solely on the Trump administration and the Republican senate.
Personally I was stressed out of my mind for months over the things that have been happening and I reduced my debt and expenses by more than half going into this year prior to the pandemic. I also have almost no personal debt(cc/student loans) just housing costs and mortgages.
I have a nice car for work I leased and then bought out at the end so no expense there anymore either granted I write that off. I enjoy cars personally but I also need them to travel for work and run errands.
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Kyle C. Barker
Migos VERZUZ Mahalia Jackson
People paying $500+ a month to drive a car
That just can't be me breh.
Not trying to brag, but even as a high six figure earner I just can't justify paying over $400+/month for a car. scratch that, I'm not even trying to go above $150. And forget about a beamer because they can go for $900+ a month (and that's mid).
Did that for a jeep Cherokee yearsssss ago when I was only making $60k.
Imo, you better be pulling in a milli if you wanna ride around in luxury like that. And if not that much, you better be able to write it off as a business owner.
The way I look at it is that $400/month could be used to buy 1 Tesla share every month. That's 60-72 shares over 5-6 years. Nevermind the actual maintenance that could've been invested as well.
Cars are the dumbest fukking status symbol.
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They better vote for Biden full stop 
my nikka dropping $820/month on a trucki really want a nice whip, but those $600+ lease payments keep me in check
My Hellcat payment $780 a month and it’s a lease
, fam must got the top of the line Ford F150 
88m3
Fast Money & Foreign Objects
My Hellcat payment $780 a month and it’s a lease
All I can think is maybe a Raptor or a fully loaded crew cab or it isn't a lease that's an insane amount of money... like 100k range lease
You don’t even have to pull in a milli HOWEVER that income better be at minimum $250k to where you can cover all your expenses and still be able to bank..
88m3
Fast Money & Foreign Objects
probably part of the problem but passive income isn't really guaranteed in this economy
That's pretty overboard.
Some people have cost structures that allow them to spend the money they want on fun things while still saving and making far less than a million per year.
When I sold Maserati I had a few people sign up at ~$1,500+/month. I had a Chinese guy buy a brand new Ghibli SQ4 outright on his credit card.
Cars, boats, clothes, shoes, furniture, etc. it is what it is. We live in a consumer economy. Just looking at car payments in a vacuum doesn't make sense to me.
Car notes?...never again 