Bought a new car

[Coach]

Originally Posted by Tombstone RJ

Fantabulous! What's your car payment now? Seriously, no one should have a car payment.

Think about this homey with the new car: if you took your car payment and put it away into a savings account, you'd be able to buy a nice car for cash in a short amount of time.

JMHO of course. But I hate to see people get straddled down with bad debt.

This is true and I have considered that route. The problem that I am having was, my old car was still worth a lot of value, (trade-in) and I also checked the increase of insurance and what not.

Basically, it's around the neighborhood of $300 a month, so it's not too terribly bad. I also made sure that I still have enough revenue after all the bills are paid off (including the car payment), and I'm still sitting pretty good.