I am not an anti-debt or anti-credit card blog. I use credit cards and I’ve had car loans. I prefer to not go into CC debt and I prefer to not have a car loan. But I can see purposes for both. I currently have student loan debt, and while many people will probably say [...]
A purpose for car loans
December 21st, 2009 · 3 Comments · cars
Tags: Car
Financial Savings Part II
December 3rd, 2009 · 7 Comments · Frugal, Savings
Gas is on the rise
June 25th, 2009 · 11 Comments · Frugal, cars
Gas prices are on the rise again. The average price is $2.67/gallon. Yes it’s a lot lower than last year’s peak of $4.11/gallon. Last year I noticed a huge uptick in people riding public transit. It’s come way down this year and I haven’t seen an uptick yet.
But how will rising gas prices affect you? [...]
Underwater on a Car
June 8th, 2009 · 7 Comments · Debt, cars
I’m a huge proponent that you can’t get out of debt or follow a budget if you have budget busters. Typically these are too much house or too much cars. I don’t believe that cutting all the latte factors out, squeezing your grocery bill by $100 is the answer. If you have a $500 or [...]
Tags: Car
Car Payments?
March 12th, 2009 · 16 Comments · cars
Okay, so help me out here. What’s the range of people’s car payments (amount, length of payment) and what type of car did you buy?
We had a car payment of a $150/month for 3 years for a Ford Focus 2000. It was a ~$5k loan and I thought it a lot.
Since then we haven’t [...]
Tags: Car
The sinking ship
February 4th, 2009 · 36 Comments · Debt, Personal Finance, budgeting, cars
Since I normally write and post ahead of time, this just came up reading a message board today. I thought it an interesting conundrum and decided to share it with readers!
Income
DW $1300 biweekly
DH $1800 biweekly – just lost job
Total Income $67166/month before job loss, now it’s $2816/month
Expenses (monthly)
Credit Card $8000 owed (not sure [...]
My $170 Car Investment
December 10th, 2008 · 24 Comments · Investing, Purchases, Spending, cars
On Black Friday we decided to purchase a car stereo for $99 with free installation for my DH’s Ford Focus. It came out to $170 after taxes and buying cables to attach the stereo to the car. I thought wow pricy!
But here’s what it really bought me. Time. My DH loves [...]
Tags: Car·Investment·Spending
SUV – dump or drive
July 11th, 2008 · 3 Comments · Debt, cars
Should you dump your SUV or drive it? An interesting perspective from the Boston Globe’s Terry Jackson.
He says keep the SUV if you are “upside down”. Meaning you owe more to the vehicle than you can sell it for. While there is short term pain, perhaps if you can get the vehicle down to the [...]
Tags: Car·Debt·gas prices·Upside Down
