Learn what? Where did we establish that this isn't discretionary income that the OP is spending? What if his NW is higher than yours?I like to help people. I could do a lot with the $20k. I am married with 3 kids. We have 5 cars and have to insure 5. My kids are in college or recent graduates. They don't have to worry about a car payment. Nor do I.Because you asked so pretentiously, because I'd rather be 20k poorer than drive that.pay off the car.
Better question is why are you driving a $40,000 BMW? My $20k Subuaru Cross Trek works just fine.
I have been mortgage free since 1999 and never have had a car loan. I am one of 8 kids and grew up with not a lot. In fact I did not get my drivers license until I was 21. Just get from point A to point B. My NW $6 mln. I am not trying to impress anyone but help my family. You will learn someday.
Statistics: Posted by PharmerBrown — Thu Aug 08, 2024 2:50 pm — Replies 26 — Views 2141