Dude, find me a 2 yr old car with 20K on it for $8,000 and I'll take ten of them.

Rep

You have the right mentality there...

Save 3-6 months of living expenses then buy what you can afford in a car beyond that, if you only have 2000 dollars beyond that then guess what, you are going to have to drive a 2000 dollar car.

Don't give in and do not cut corners and DO NOT FINANCE no matter how much you like car A versus car B

Dave Ramsey says, Live like no one else today so you can live like no one else tomorrow

Sorry to hear about that. Only thing I can say is Be Strong and have Faith. Things will get better.

I wasn't offended as much as defending myself because I know I work in a wacky, bullshit, arena. There are a lot of thieves and dickheads in my industry and I try to set myself apart by example.

Using credit for anything other than a means to an end is a bad idea. Whether you're trying to buy a home, get into investment properties, etc. it's imperative that you have a good credit score. The trick is making your credit work for you rather than vice versa which is how it is for a majority of Americans. My services are results driven, but also provide education and knowledge on how to accomplish the task I listed above. Making your credit work for you. Here's my website. I'm not a consumer credit counselor, but I understand the credit industry and the philosophies behind it. Most people don't.

www.thenegotiationstation.com

P.S - No offense taken. You didn't disrespect me. I just wanted to make it clear that I'm not "That guy."

2-4 year range
Kias are on craiglist everyday, they can be found
Suzuki Forenzas 2-4 yr olds

You can find em if you will settle for them, but if you think you are a Prince or have a woman that thinks she is a Princess, it gets difficult.

Don't be a leach on the taxpayers you loser[quote:KyleProBowler/]

J/K

I have had to do it when I first got married. My wife was preggers. We had her mortgage and mine and she moved in to my house. She quit her job to stay home with the baby for the first year of his life. There was NO way for us to pay for 2 mortgages AND pay the bills AND care for a baby. Something had to give so we talked to an lawyer and that is what he suggested.

I now have a credit score of well over 700 so don't let anyone tell you it hurts you for a long time. I'm still in active bankruptcy since it hasn't even been 6 years yet.

I wish to hell I wouldn't of had to do it but there was no other choice for us.

Good luck to you, If you have the heart of a teacher to teach these people to clean up their mess and stay that way then more power to you.

I am talking about the companies that tell people to intentionally get behind on their bills so they can negotiate lower payments or those charging thousands of dollars to get people out of 100's of dollars claiming they will save their credit and the world will be wonderful again.

Money is simple, if you have more coming in than going out you are making it but if you are cutting it close and living by the sword, you will die by it because rainy days happen.

I blame banks as much as the Ding Dongs that are borrowing it

I think a clearly defined credit to debt ratio should be established in this country and if a bank knowingly goes over it they should get fined and be liable for the balance.
I think credit card companies should have to abide by the same rules.
I dont think a bank should be able to write a mortgage on anything but a debt to credit ratio and the fica score should be abolished.

America wants you to be in debt, take that cash for clunkers scam, first off the car companies raised the prices on the cars say 2500, then they sold the cars and got 4500
As soon as these broke people go into a dealer, they are no longer looking at that cheap car because now they have 4500 more to spend off the bat.
The people traded good cars that were paid for in on new cars with payments.

DUMB DUMB DUMB DUMB

intiially when this process started, we thought about gettign a different vehicle, simple to get more cash in the door (yeah, we'd be starting over in a term, but we needed cash badly). we looked at a 2008 Focus with about 24k miles for 8500.

not an awesome car by any means etc..just saying that the type of car I'll be looking for when my car kicks the bucket etc.

SEE thats what I am talking about....

Most people think they are "too good" for that focus though and they are "entitled" to whatever they want because they get up and go to work everyday.

I remember when I was in credit card debt bad when I was younger, I made pretty good money too, that credit card collector called me and I said to her " Lady, do you know how much money I make"? Like I was ENTITLED to the charges I put on that card.

She said to me that doesn't matter because their are plenty of millionaires out there that can't pay their bills either, I felt like an idiot

I agree 1000%.
Debt = obligation. Obligation (too much anyway) = limited or no choices.

they want everyone in debt so they continue to 'stimulate' the economy. Businesses love it too because then people are forced to eat a sh*t sandwich everyday at a job they hate because they have too many obligations.

Yep. And frankly, I don’t know why I ever ‘thought’ I wanted car X (Corvette, BMW, et al). I mean, when I think about it – I spend 45-hour each way in the car to and from work. Then on weekends, it’s errands etc. Sh*t…it aint like I would have time to ‘cruise’ or ‘be cool’ anyway – even if I wanted to (which I don’t) lol

I’m trying to tell my wife “What’s it matter what you drive? You’re only getting to and from work. As long as it’s reliable, and safe etc….why do you care what kind of car you drive to and from work”.

When I actually asked that….she couldn’t answer.

Now, I’m not saying people who have killer cars are dumb etc. Everything is relative. If they can afford it ( I mean, ‘really’ afford it; not cutting it close etc) then go for it. I’m just saying I’m not in the position (and probably never will be) etc.

So in a few years, I’ll be rollin’ in a Focus b*tches with straight up 15”s.

If you and your wife get on the same page you will succeed, just never forget how you got to this spot, you can in your mind blame your life, your job your anything but when you look deep down inside you did exactly what you wanted to do and it bit you in the ass.

Now you can sit back and be bitter or pull yourself up by the bootstraps from the hole you dug and learn from the mistakes you made and never let yourself ever get in that position again.


I am pulling for you because if you want it and get rid of ALL debt and don't make anymore until you buy your house and make that house your only debt... you will be fine

put your budget on paper, stick to it, if the money runs out before the month then next month you just budget better, too bad, eat at home and no vacations
You all will be on the road to recovery before you know it.

I hit rock bottom, I went crazy when I got a good job, I never had anything, My Mom worked at a cafeteria and my Dad worked in a furniture manufacturing company and never made over 6 bucks an hour his whole life (he died in 1981) I thought I deserved the new things I bought on that credit card, I thought I was entitled to them because I got my ass out of the bed everyday and worked and America owed it to me.

America don't owe us jack shit, we owe America

Yes, and those cars likely will be a pile of shit well before they reach 100K. Just because it has a low initial cost doesn't necessarily mean it will be a good value over the long term.

you can't be choosey when you are broke... Drive less, save gas, save money... Broke people can't do what people with money can do without being more broke

I drive a Civic. With plastic wheel covers.

I did buy it new, though. I negotiated in the extended warranty. That way I have a fixed cost for 8 years or 100k miles, assuming I don't wreck it. I will drive it until my daughter leaves for college, the plan is she'll take it with her and I'll get something similar.

I guess I would just look at the overall ‘cost’ of the vehicle once it dies.

If I paid 8k for it and drove it for say, 10 years and it died….
It would cost me less than if I financed a 25k car and drove it 10 yrs +.

I would have to probably drive the 25k car three times as long to justify the cost.

I know there is a lot more involved in ‘cost’ of owning a car etc…just using a general scenario.
That’s my $.02.

This guy practices what he preaches. He bough one of those Japanese imitation Harleys. He wanted to be a biker but instead turned into a Japanese fake Harley rider.

I have 3 cars (all paid for of course)
2002 Explorer with 32k or so miles
2005 Suzuki Forenza with 18k or miles

I have a 60 mile round trip to work a day
I drive a 1994 Mazda truck with 182k miles on it bought it when it had 140k on it and the only thing I have done to it besides changed the oil; is brakes and rotors... I paid 1000 dollars for the truck.

My wife drives the Zuki and I put the miles on the truck and drive the Explorer on the weekends

Someone who is broke shouldn't be spending $8K on a car. Back in 2000 when I started my own business I was basically broke, I bought a 1992 Caravan for $2,500, drove it for over eight years and made around $2,000 worth of repairs to it. That means that van cost me around $500/yr, that's what broke people should be doing.

And I paid cash for it too and could pay cash for a new Harley in 15 mins if I wanted too, actually looked at a Harley before I bought the Roadstar, but when I told him I had cash and he wouldn't take less for the bike as a result, I took my business elsewhere.

What do you have that you actually have paid for Skip with that major salary you earn running cable wires under houses?

Have you even got your trailer paid for yet Skip?

If everything a person buys is being bought on credit and being paid back in time, they are broke.

500 PER yr is much much better than 500 per month..... both were doing the same job, you just didn't look quite as cool to your buds but you pocketed the money instead and put it back into your business.

I agree on the 8 k part but most people won't drive a caravan like you did or a truck like I drive..

Most feel they are entitled to more because they drag their ass outta bed everyday and go to work, just like me and you do (except for today)

Well IMO, if they can afford it and that's how they want to spend their money, they deserve it. I don't think entitlement comes into the picture most of the time.

And besides, if everyone subscribed to that theory and didn't buy new cars, where would the used cars come from? We'd be like the folks down in Cuba who are all still driving 1958 Packards.

I made more money before I was 30 than you will in your lifetime.

Bottom line Dayze

When you become Debt free and the turk shows up where you work, you can go flip burgers at burger king and make enough money to keep the lights on and pay your taxes.I have zero pressure
Work was slow here earlier in the year... I was working 2-3 days a week, did I panic?
Nope, because when you don't have any bills except basically utilities, You don't have to make that much money.

I would rather it had been busy and I could have saved even more, but it wasn't there so I just took some stress free time off instead.

exactly where I want to be.
no stress.

Well if that's the way you feel then thats 100% your option to spend the money you have or spend the money you have not earned yet.

I just choose to spend the earnings I have made instead of spending the money I will make in the future and thats the way I feel, the only justifiable debt is the 15 yr mortgage of 25% or less of net pay per month.
I don't sign on to anything, even my blackberry I paid full price cash for because I don't do contracts.

The second part will never happen because 70% of America lives from paycheck to paycheck and that won't be ending anytime soon because people have to keep up with the Jonses with the new cars in the driveway.

PM me on your progress from time to time, I will be glad to help you with moral support anyway I can.

I also would suggest you listen to the Dave Ramsey show for a while to understand the whole mentality.....

People will think you are a weirdo for thinking the way I am trying to explain, but once you catch on and see the light you will look back on all the dumb, impulsive things in your life you did..

I have made errors, even on cars

2002 I bought the explorer because my paid for BroncoII was paid for, but I was disgusted and fell for the whole reliability crap and bought it. (paid it off in 2 years)

then in 2005 the dumbest thing I did was buy the 2005 Suzuki Forenza because the gas prices were going up.... (paid off in a year) then said no more, buckled down, saved, saved, saved then paid off the final 75k dollars of my mortgage in one pen stroke...

Never again friend, Never again

Hey skip are you still sliming off his ex-wife's death benefits?

Is your POS Raiders site still occupied by nobody?

Pretty much... but it has potential, unlike youROFL

What's your current mortgage rate?

It has no potential. Nobody likes you.

I believe it's 7.

Hell, I don't care who likes me or not skip, I am a full grown man that takes care of himself instead of relying on a dead ex wife to take care of me...

Men take care of their women, Ex wives shouldn't have to take care of their scumbag ex husbands that are worthless pos's that are too sorry to go out and make a living regularly because they are too busy noodling around social networking sites all day...

Get a job you loser,

It's an ex wife.... not a wife man, this is the biggest troll on Chiefsplanet by far and has been for years, I am surprised you guys have tolerated him...

He is a loser man, plain and simple.... He does not aspire to be anything but a loser, he posts like a loser, no matter what time of day you come here, he is here.

When does he work?

I call a spade a spade, sorry if I offended you

Yet you are the piece of shit who gets banned from those sites. Eat shit punk bitch.

It's the way it is. You're offensive. And you stink. Mods, come take out the trash.

Are you getting mad at me Skip?

What's wrong, Skippy? Can't take it when somebody fights back?

MODS SAVE ME!!!!!!!!!!!!!!!!! :deevee:

Here you go again, Mods help me, I do nothing but get picked on all day, boo hoo, boo hoo ...

Grow up skip, it's time

This dipshit is banned and shouldn't even be here.

Am I making you mad Mikey?

All kidding aside Mike, when you take the check in the bank, do you look the teller in the eyes?

So you come on here talking this shit for what reason? I mean really no one gives a shit about your f'king opinion if this is the kind of crap you have to say

I agree the loser ass raiders fan needs the boot

The ignore feature works wonders on those you do not wish to read

Maybe its you they don't like to well Mike
Seems some people here like it
http://i36.tinypic.com/ehnrxc.jpg

Can you not refinance? I really don't want to get too nosy, but what is the balance of the loan?

I don't know if you have any credit unions where you're at, but here in Iowa, we have Veridian, and right now, a 30yr. loan is at 4.750%. I'd think just by tacking the refi-fee on the the existing loan and dropping your rate down that much would save you quite a bit on your monthly mortgage.

he said he will be forclosed on in the middle of next month, it may be too late for that.... But I see your point and it's a good one

I guess he needs to talk to someone else then, I don't know why someone couldn't try their best to hurry up a refi to take less than a month.

That's strange, you shouldn't even see those since you have your rep disabled.

So what? He's here and has done nothing except answer your attacks on his livelihood. It's all good when it's you calling everybody else out, but somebody does it to you and cry like a little girl.

Here's a thought - why don't you shut the **** up, you hateful old bastard. Nobody gives a shit what you used to have - now you don't have a pot a piss in and I'm sick of you ripping on everybody else just because you're jealous that they do.

I thought that too, I have some bad rep on there but not for this thread.

Funny, a dirty Raider fan being cordial and a couple of guys on here can't take it. Heh.

Eh, You guys are misguided with your chosen team, but I am a guest on this forum as an opposing team fan (hated rival) But I promise you I hate the Chiefs as much as any one here hates the Raiders but we will leave it to the guys on the field making millions.

I live in NC and this whole deal of hate started with a handful of KU fans (just a handful) that has glass vaginas and could not take razzing from a UNC fan.... I like KU as long as they are not playing UNC, they are a great school.

Some people take things too seriously, I am just here to have fun, chat with the 99% of the good people and ignore the morons.

I don't expect to be treated good, I am seen as the enemy to some. I love to see the Raiders kick your asses til your nose bleeds but I am not going to jump off a bridge when they don't.

Check is in the mail bro....ROFL

I agree, it's pull out all the stops time
I would quit paying unsecured debt to start with, I don't think they can take your primary residence even in bankruptcy as long as the mortgage is up to date.

I would stop making payments on everything I owed and the house would be last, You can dodge the repo man for months if you have a friend down the road a half mile

You know...the more you type the more arrogant you seem to be. And the more you brag, the more it makes you look like a fake.

I came into this thread because I was hoping that someone had given Dayze some good information. It appears that Mr. Flopnuts has covered that admirably...and about all you've done is brag. Instead of taking a crap and wiping it in everyone's face, how about eating a little humble pie.

mmaddog
*******

You have the right to your opinion, but everything I have posted here is true... It would be kinda funny though if I was up to my butt cheeks in debt and was telling everybody here I was debt free to make me feel good.

I feel ya dawg, there are people who do stuff like that on the internet but I started this scam on this thread on 04/03 and I continued the scam on this thread 04/29.

Sorry I came off as arrogant to you, and you are not the only person who has acted this way since I have become debt free, in real life and on the internet. Some people hate success for others, they all want it for themselves, but thats not me, to fix a problem you have to identify it.

Why is it so hard for people to understand that a car is an expense, not an investment?
Drive what you like/what suits your needs/ what you can afford to pay for that expense.

Oh, and new cars smell goooooooood.

I am happy for you that you are debt free...for that you should be congratulated.

But if you were ever in debt up to your ass it's pretty hypocritical to come in here and brag. You lecture people on the evils of debt when in reality you were once in their predicament. It's like seeing former alcoholics go to a bar and party and seeing them lecture people on the evils of drinking....makes it pretty hollow.

I am happy for your "success", especially if you measure yours in dollars. But for me....success comes in a whole different fashion.

mmaddog
*******

That smell is actually a toxic combination of chemicals emanating from the vinyl and plastics in the interior of the car. And yes, I hate it when people refer to cars as "investments", O'Reilly's does it all the time on their commercials and it makes me want to kick my radio.

Toxic fumes, really? Even if you go with leather guts?
Oh well, if new car smell is a-wrong I dont wants to be a-right!
:)

Thats cool, I am not lecturing it's common sense, don't spend more than you make. The reason I am telling this is to hopefully prevent someone from doing it, and yes I have been up to my ass in debt and I don't want to see anyone do that.
See this is the problem, America lives and worships the FICA score, it's a way for people who have no money to buy things that they can't afford and should not own.

If you make 30k a year, you should not have a 250k house or a 40k SUV, it's plain dumb but just because someone says hey, you got the credit and we can put you in it, they jump right in as if that creditor is doing THEM a favor..

Call it bragging if you want, but it's not, I made the decision and did it on my own and it don't take a dime out of your pocket either way, nor does it take a dime out of mine if someone is butt cheek deep in debt.

Most could care less about being debt free and will spend every dime they make and be broke on pay day, this man wants to be debt free, he said so in many posts in this thread and if I can point him in the direction to help him get there, it's a good thing.

When an alcoholic is trying to quit, do you give him only a little bit of beer and string him along or do you help him stop.

You don't lose everything you have because of debt with the mindset of doing the same exact thing and expecting a different result.

My best friend is a miser who saves ever penny he can. We bought new cars at roughly the same time back in the late 90s - he recently, finally sold that car (a hideous little 4-door forest green Saturn), and I'm on my sixth different one.

Of course, he got wiped out when the stock market went to shit. Now he wishes he'd blown the money on new cars. :D

A couple of questions....

When you were in debt up to your ass, did you want some arrogant asshole helping you, or someone who had been there and was helpful in guiding you? ( I am guessing if you are honest you would want the latter not the former)

Are you a disciple of Dave Ramsey?

mmaddog
*******

if a man saves his money and wants ANY car on the planet and can pay for it without financing it...

Go for it, you work for it, you earned it, spend it as you wish.

But....

When you have a mortgage taking 60% of your salary, you do not need a 40k suv and a few credit cards

Theres where the problem is, people start using their cards to live when they are in rough times when they should have saved when they were having good times.

Seems like there is some good advice in this thread!

ya know, you thought I was an arrogant bastard first and formost because of my username.
I prefer give it to me straight answers, I don't sugar coat it, I say it the way I mean it, if that comes across as being an ass, I am sorry.

As far as Ramsey is concerned, I was debt free except the house before I started listening to him and basically figured out most on my own... but his teachings are great and he helps alot of people... and I do listen to him, until people call in with 60k worth of debt and is 60 yrs old and nowhere to turn, it makes me sad to see people who live like that...

If people could only wait until they have cash for everything in life except a home, you wouldn't see all the ruined hopes and dreams of people in this country.

I think you offered a lot of good advice in this thread R8ers, keep it up. Most people don't want to hear a straight shooter in regards to $.

Where do you get arrogant out of his posts? I read the entire thread, albeit rather quickly, and I didn't see anything arrogant. He owned his past mistakes and is giving advice as a person who has been in the same situation and overcome it. That's the best kind of advice.

I remember cheering for you in that thread a few months back. Has it even fully sunk in yet? It's kind of funny that so many people were telling you that you shouldn't pay off your house. Congrats, man.

Thats all I intended to do, I want to see people live good and not give their money away to thieves.
I don't like to rely on other people, I want to rely on me...

My wife does not work outside of the home, I can afford that because I don't have a 40k suv or 25k on a credit card, when the 9th of the month comes, wife says, ok all the bills are paid for the month.

When things come up, you write the check and move on, septic line broke in the front yard somehow, had to get it dug up, 1500 bucks, no problem, no loan, write the check and move on.

Need the driveway sealed by a pro... stroke the check and move on. When you don't have your money spoken for before you even make it, popup emergencies are not a problem. Want to go to the beach for the weekend, no plans have to be made, just go.... want to drop a 100 at a restaurant on steaks and drinks... No pain whatsoever

You have so much more wiggle room when your paycheck is not spent before you even get it...

It's not about me being rich, I work everyday just like most here, it's about being smart with what you have and taking care of the things you have.

Thanks man, it is the best move I ever made finacially... I got sceered when my bank account dropped so low, I have saved the hell out of some cash since april

:clap::clap: Nice.

A little advice for Dayze if I may. It's free, and it's worth what you paid for it.

Dump the house. It's an anchor. You need a fresh start. Try a short sale, but don't fool yourself into thinking that a deed in lieu is any better than a foreclosure. It's the same thing.

VA loans suck. They were developed as a benefit, but they are now much more expensive than conventional loans.

If you don't have much income, there's really no point in filing for bankruptcy. It'll cost you a couple thousand dollars and wreck your credit. If you just don't pay your bills, your credit will still be wrecked, but you won't have spent the money on the BK.

Don't ever take out another credit card again. Rebuild with cash and never look back. Everything you own will be crap for a few years. That's okay. It may be embarrassing to have your neighbors see you driving a POS, but that's nothing compared to having them watch your BMW get towed away by the repo man. Buy a $2,000 car for cash and put $300 a month into a car fund. After a year, you can sell that same car for $1,500 and buy a $5,000 car for cash that will last you 3 years. By that time, you'll have enough money saved up to buy a nice car for cash. That's about the same time that you will be completely rebuilt financially.

R8ers is right. Mortgage debt is the only debt worth having, and even that is a necessary evil at best. I don't know what it feels like to pay cash for a house yet, but I'll tell you when I do. Take R8ers's advice. He's got a paid for house. The guy can pretty much tell anybody to f*** off, including his boss, without worrying about how he's going to support himself. Not bad at all.