Everyone can kiss my ass! I'm debt free!!!
#22
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#23
Congratulations man. I bet that feels nice. Due to my income I get laughed at at work because I drive a 2001 Toyota echo, and then went and bought a 15 year old miata instead of an M3. I've been out of school for two years and have a plan to pay down vehicle, student loans, then house. I think everyone would sacrifice a little more if they stopped for a second and realized how little income one needs to be happy when they aren't shelling it all out in monthly payments.
Once my Xterra is paid off I will then apply that payment to my next smallest loan. Continue and repeat until it stays in my pocket
It's amazing the pressure that is put on Americans in general to carry lots of debt just to keep up with the Jones'. I recently visited with relatives in Ottawa Canada. They put a lot more value in being able to vacation. I noticed a lot fewer flashy cars etc.
Once my Xterra is paid off I will then apply that payment to my next smallest loan. Continue and repeat until it stays in my pocket
It's amazing the pressure that is put on Americans in general to carry lots of debt just to keep up with the Jones'. I recently visited with relatives in Ottawa Canada. They put a lot more value in being able to vacation. I noticed a lot fewer flashy cars etc.
#26
great work 42 is impressive, I remember when my father paid of his house, i think he was 46, he thought about buying a corvette, then didn't. he's still working and loves the fact he can tell everyone to suck it and not ever work again. I love watching smart financial decisions pay off in the end. Many of my friends make a whole lot more than i do and somehow manage to squander it and have nothing to show for it. I had originally planned on 35 but after some quick math and since i'm turning 29 next friday it's looking like 42 as well. cool this is the wife says i can retire when we pay the house off and she'll continue to work as she truly loves her work.
#27
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Well, it lasted for a year and then I had to screw it up. Last week I took a loan ($8300) out of my 401K to buy my new Miata. I'm sure we will get it paid back quickly but paying cash for the car would have completely wiped out all of my savings / emergency fund / etc. Just thought you guys would want to know that I am once again in debt (does it count if you owe yourself the money?).
#29
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Well, it lasted for a year and then I had to screw it up. Last week I took a loan ($8300) out of my 401K to buy my new Miata. I'm sure we will get it paid back quickly but paying cash for the car would have completely wiped out all of my savings / emergency fund / etc. Just thought you guys would want to know that I am once again in debt (does it count if you owe yourself the money?).
#34
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Yes, but the interest is paid to me. So does it count?
There was a $125 fee to take the loan though. I figured it was worth $125 to keep my wife from freaking out that I spent every penny we had saved up over the past year. FWIW, we are contributing 33% of my two week check to the 401K and then sticking $800 of what was left into an emergency account. This means my bank account was getting lower every month but we were trying to catch up a bit in the 401K before the year was out.
There was a $125 fee to take the loan though. I figured it was worth $125 to keep my wife from freaking out that I spent every penny we had saved up over the past year. FWIW, we are contributing 33% of my two week check to the 401K and then sticking $800 of what was left into an emergency account. This means my bank account was getting lower every month but we were trying to catch up a bit in the 401K before the year was out.
#36
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No, the piece of **** V8 conversion that was discussed here:
https://www.miataturbo.net/miata-parts-sale-trade-5/v8-miata-ls1-miata-%2410500-dothan-al-49867/
I got it off ebay for $8150. He's replaced the clutch and fixed the headlights since posting that CL ad.
Yehaw!
https://www.miataturbo.net/miata-parts-sale-trade-5/v8-miata-ls1-miata-%2410500-dothan-al-49867/
I got it off ebay for $8150. He's replaced the clutch and fixed the headlights since posting that CL ad.
Yehaw!