How in the fuck will you be able to afford the insurance with your driving record? You're only 19 right? You know the WRX is one of the most expensive cars to insure.
:???:

 

How in the fuck will you be able to afford the insurance with your driving record? You're only 19 right? You know the WRX is one of the most expensive cars to insure.
:???:

well my insurance just got cut in half for some reason so i figure i wont notice it go up again :roll: AND my records clean in 6 months! :grin:

 

So lets see... insuring 3 cars, possibly buying a house, having kids (you mentioned this a while back), and the possibility of more tickets later all before you're 25...

Yep. Sounds like quite a plan...

 

hey at least im having fun and enjoying my life and i cant help that i love kids LOL im holding off on the house thing for a bit tho.

 

good choice.. becuase working at a dealership and modding 2 cars IF you buy the WRX is gonna be pushing it.

 

no only the Black Aero will be modded. The WRX would remain stock except the extra parts the guys from my club decide to throw on it (because i know they will) It would be my winter sled

Im not crossin my fingers yet but my moms working the deal right now.

 

thats what insurance is for and i dont plan on wrecking a car anytime soon. All of my cars are on full coverage. anyways we will see what happens but i hope we can make this deal work, then BOTH cars will be in my name finally. We have had huge issues getting my aero from my moms name to mine

 

Accident meaning to your person, not your car. If you can't work and not be able to pay your cars off you get hosed very largly.

 

im not buying it i owe a little under $4,000 to much on the aero to make it work with keeping both cars. So now im planning on having either a viggen or WRX mid winter.

 

Cheer up guru, for some reason my credit is in the pooper.

 

Credit sucks, but we're not going to be able to get a good rate on our mortgage unless I manage to erase every cent of debt. Hence the freakout.

I didn't think about my credit at 18/19, but almost at 23 looking to buy a house before 25, I wish I had. Fast cars are great, but you can't raise a family in the trunk.

 

i dont know why you think im going to have bad credit. Ive never been late on a payment of anything ever in my life. I dont get in over my head.

 

What I'm saying is, all the good planning in the world isn't going to prevent bad things from happening. What if you buy the car and the next week your dealership closes? You can collect unemployment but it's not going to be anywhere near your salary. What if you get sick and can't work for an extended period of time? What if, heaven forbid, you wreck one of the cars so severely that you can't work? Insurance will pay off one of the cars, but not the other. You'll still be responsible for it.

I seem to recall DeLorean saying the same thing before I bought my car. My college debt and my credit cards and my rent, I can't get out of paying that. But I might not be shitting my pants so badly if I had just listened and planned a little better financially (had I waited a year and saved what I'm paying for the car, I wouldn't be in such a shitty position right now.)

 

Buying a house has tremendous financial benefits in the medium to long term. Personally, if I had to do it all over again, I'd have bought a house when I was 25 and driven paid-for older Saabs. Instead I rented, bought a brand new Acura, and screwed around until I got married four years later. Then bought a house two years after that. Which we just sold in March for three times what we paid for it.

There are houses I could have bought for $50,000 in 1990-91 in Minneapolis that are selling for 200-250-300 now. There's one in particular I actually thought about buying back then. I still cry a little whenever I drive by it.

Plus the interest deduction. Do what you have to do, but do the house first. Build some equity. Then buy the cars.

(and besides, why does anyone living in/near Seattle need a winter car? Throw some good all-seasons on, Nokians maybe - they're a lot cheaper than buying a "winter" WRX)

 

Buying a house has tremendous financial benefits in the medium to long term. Personally, if I had to do it all over again, I'd have bought a house when I was 25 and driven paid-for older Saabs. Instead I rented, bought a brand new Acura, and screwed around until I got married four years later. Then bought a house two years after that. Which we just sold in March for three times what we paid for it.

There are houses I could have bought for $50,000 in 1990-91 in Minneapolis that are selling for 200-250-300 now. There's one in particular I actually thought about buying back then. I still cry a little whenever I drive by it.

Plus the interest deduction. Do what you have to do, but do the house first. Build some equity. Then buy the cars.

(and besides, why does anyone living in/near Seattle need a winter car? Throw some good all-seasons on, Nokians maybe - they're a lot cheaper than buying a "winter" WRX)

yeah...real estate is a GREAT investment!! Being under 25 owning a condo and two cars is a great accomplishment. Real estate you can't go wrong! Only been in the place for a little under 2 years and I'm taking a home equity loan out and sprusing the place up.. oh yeah AND paying off the saab that I have only owned for a couple of months. If you got the drive and money.. real estate is a great investment!

 

I'm not negative, I'm realistic. Life is not always positive. And if the dealership closed, you'd be fucked trying to find a new job. The market is fucking horrendous. I've got a college education and loads of experience in various fields and if I had to find a new job, even as a supermarket checkout girl, it'd take me months. I would die of starvation before I got another paycheck. Brian has a Master's in his field and is looking to change jobs, and guess what-- there ARE no jobs to change to.

Remember what Abigail said in your advice thread a few months back? Even with a decent paying job, shit comes up and money runs out. Maybe things are much darker in the northeast, but I'm afraid life isn't as easy as you may think it is.

 

I'm not negative, I'm realistic. Life is not always positive. And if the dealership closed, you'd be fucked trying to find a new job. The market is fucking horrendous. I've got a college education and loads of experience in various fields and if I had to find a new job, even as a supermarket checkout girl, it'd take me months. I would die of starvation before I got another paycheck. Brian has a Master's in his field and is looking to change jobs, and guess what-- there ARE no jobs to change to.

The auto dealership industry is rather easy to move from place to place versus a career. Once you have any kind of experience you can get a job basically anywhere. I did these places all through college, so now I have 4 years of professional auto detailing and service running on my 'car' resume

On your note, I graduated a year ago with an electrical and computer engineering degree. It took me 3 months to find a job, lost that one after two due to projects being cut. Took me another 7 months to find another job. This is in Minneapolis, home of a rather large engineering base... 3M, Honeywell, Seagate, Lockhead Martin, Hutchinson technology and the BIG 3 TECH. Medical companies - Medtronic, Boston Scientific and Guidant.

I even had relatives and friends in 3M and Guidant and couldn't even get a call.

 

I encourage it. A wrx is a great car. awesome for winter, it would run circles around any saab.

plus, you could always worry about bad things happen WHEN they happen. As long as you have three months of payment saved up, your golden.

 

When things come up, though, car payments aren't the only thing you need to worry about. that's what I'm saying. Life is unpredictible and unless you've got something with serious value that you can sell to cover your bills, you're likely to end up totally fucked.

 

your body. thats prolly the most renewable resource

 

hahaha i laughed when i read that

 

i was kidding!!!!!!!!!! nobody get mad!

 

hahaha, well, you can make $10 every couple of days donating plasma so you are half-right. Back alley organ donation schemes net good cash too. But if you're going where I think you're going, and you get a herpesyphogonnoraids infection, you're never gonna make ends meet. Also, yuck. Just yuck

 

ive never had a problem finding a job before. Ive gotten hired on the spot for every job ive ever applied for. never had to schedule an interview...

I also went to school for 2 years of culinary arts though so i ALWAYS have that to fall back on and that industy turns over employees more then anything!

 

ive never had a problem finding a job before. Ive gotten hired on the spot for every job ive ever applied for. never had to schedule an interview...

Me too...and now that I'm done w/ 4 years of college it seems that it MUCH harder to get a good career type job. Mind you every job that I've had before was a good job for the time, but certainly not a good job for owning my own house and having 3 cars, two pets (they can be MAJOR money pits), and a significant and all of her bills to think about.

That being said, I am a very optimistic person, and it seems you are too, KM. Optimism is a good thing, it keeps you from becoming discouraged to some extent.

Still though, with a good career I don't think I will be buying any new cars any time soon. I can see myself getting a lease return 9-5 Aero Wagon or a 9-2X Aero...but certainly nothing new, its just a waste of money.

 

Of course everything will work out with you... it always does right? While everyday we have to be up to par in order to get the grade and pray for some internship to even read our damn resume, everything WILL go perfectly with your life. College education? Who needs it when we can jump from the same job to... the same job again, except in a different location. Job security is there and even if you lose it, which you won't, there will be another job waiting there for you. Praise God ol mighty for He has blessed the Kaylan Morley with the supreme power of luck and happiness!




:roll:

 

did you slip her one of your magic chinese fortune cookies,aero?

 

Dude, if they were magic, I'd keep them myself.

 

a lot of people don't seem to plan for the worst, they always plan for the best. I am not saying to everyone they should plan to never have any money, live in a trailer and drive a shit box, but when you have a big car payment, credit card payments, and a big mortgage payment on a house you can't afford, it can all collapse like a house of cards if things don't go your way for 2 months or so. This is how we get a bunch of 40 year olds living in a financed trailer who share a 1982 Chevy cavalier.

Banks don't give a shit what your situation is, if you don't pay your mortgage payment for 3 months, you WILL get foreclosed on and you will loose your house. If more people would plan to live within their means, and do so with a pillow for emergencies, there would be a lot more happy people.

I forget where I read this, but banks will lend you an umbrella on a fair day, and ask for it back when it begins to rain. Don't take their umbrella, go work for it and buy one yourself. after you have that, go buy a house, then go buy a sensible car once you know how much you can REALLY afford.

Take my rant for what ever it's worth...

 

This is how we get a bunch of 40 year olds living in a financed trailer who share a 1982 Chevy cavalier.

oh come on, there arent any 82 cavaliers left! :lol:

just remember though, you can live in your car, but you cant race your house.

(obviously a joke coming from the dude with the 500k 99 turbo, and a house :lol: )

Paul

 

I've been broke for the past week (piss broke, checking account overdrawn) because I didn't plan ahead enough. Fortunately, I got some money from the National Guard today or else I'd still be broke.

I thought I'd be fine, I thought I had planned ahead and had a sufficient financial pillow built up... then things came up one after another, and my optomistic planning didn't work out.

I've learned a valuable lesson in the past week: don't plan on everything going the way you plan. BE PREPARED for things to go wrong and to end up costing you more than you had anticipated.

Kaylan, you make it sound like life's been good to you (and I'm glad it has). But realistically, you do need to be prepared for when that changes. Things might come up and circumstances might change - be ready for that. Don't count on being able to coast through things and have a good time forever.

 

I wonder why I don't have paint on my car....oh yeah...things are always coming up. Damn "things"

 

yeah things always happen and ive never had anything get me down to bad.

I am a positive person but im not blind to the fact that things can happen. I just would be prepared for if they did. I would never have more debt then i could pay off with a minimun wage job if i needed to do so (meaning i could pay the bills working 40hrs a week on min. wage and not have any fun lol)

Anyways whenever anyone says "what do you want to do with your life" I always say "enjoy it" and ONLY that. I mean yeah we can all try to say what we want and where we want our careers to take us, but how often do we actually end up with what we "wanted" two years ago? Things change quickly and what you want changes just as fast. If someone asked me where i wanted to be in 5 years all i could think to tell them is "happy"

call me dumb, call me blind, or tell me my outlook is way to positive but at least im happy and enjoying life. Its wayyyyyyyyyy to short to not enjoy for even a day.

 

You can enjoy life but never lose sight of the fact that you have to have some vision and foresight to the future otherwise you will end up eating dog food and living in your 40 year old broken down saab in the Safeway parking lot.

 

I usually don't give unsolicited advice.... (yeah, right, Mike...)

But...

As someone who's currently doing the career / marriage / family / house in the 'burbs thing and once did the McJob / this month's hookup / party / living with 'rents thing....

I'm going to offer these words: Definitely have some fun, but give yourself a strict deadline and make a plan for your life. You can have fun, but make sure it's in service to a greater goal.

All the partying and clubbing and seeing live music three nights a week served me well when I became a writer covering entertainment. All the experimenting with new beers and vowing to taste one new thing each time I went out came in handy when I was writing about beer.

The thing I did right was to have an idea about what I wanted to do, and the sense to understand how to get there. That's not a lot of heavy lifting. It's not even as clear-cut as having a destination in life, which is what people often think they MUST HAVE by age 21 or 25. Just having a direction is fine, as long as you're putting in the groundwork to get there. (And by groundwork, I mean gaining knowledge, whether it's college or training programs or apprenticeships or the military)

The only real regrets I have are about money. I pissed away a lot of money the first few years I was making any. I'd spend $40-50 bucks on records...yes, god-dammit!, actual vinyl LPs that played on actual turntables. I'd spend that much in a weekend at the bars...and beers were only a buck or maybe two for a Heineken.

Gas was only a nickel a gallon, and we had to beep the horn gently so we didn't scare the horses...

Ok...jk about that last part...

But seriously....

I really wish I had saved more when I was younger. People always say to do that, and of course, some people do...but may people don't. They buy new skirts, or new watches, or tickets to Cancun, or new mountain bikes, or new cars when their current one is just fine. Putting money aside is both very easy to do, and very tough. It takes a lot of self-discipline when the eventual payoff is so far down the road.

If you save only a grand a year, every year, in an account with moderate interest, you''ll probably have more than $50,000 after 25 years.

So...and here's the big finish...if you haven't already started thinking about what you want to do, it's time. That doesn't mean you need to be getting to bed by 10 p.m. every night and up at 5 to read the Wall Street Journal. You just need to sit down and ask yourself what you'd like to be doing in a year...in two years...in 5 years...in 10 years.

Once you figure out where you want to be, then you can figure out how to get there. Taking a road trip is an apt metaphor for life...

 

i dont know what you all think of me geeze giving me advice like im doing everything wrong.

I hardly ever party. Ive drank 1 time since sweden and before sweden it was mexico. Im overly responsible and need to be less responsible and let loose LOL

I already save a ton of money for my future i put a lot of $ every paycheck into my 401K. I think for being 19 ive been on the right track for a while. Give me a break guys!

 

Hey Kaylan....I don't think anyone is ripping on you for being some kind of a party animal. Not to brag or anything, but I think I had you WAY beat in that department, even at 17 or 18. (When I turned 18, the drinking age in New York State was still 18. I'm surprised I still even have a liver and any brain cells left. )

At least as far as I'm concerned, I'm just trying to show you -- and the other folks listening in who are in the same boat -- some of what I did right, things that I did wrong, and what I'd do differently if I could turn back time.

And that's great that you're saving into your 401(K) that's one of the best things you can do, because that money is relatively untouchable, but if you needed to, you can usually take out a loan to yourself.


Remind people, and remember yourself that your path is your own. It's not right, or wrong, it's just different from anyone elses. Their path works for them, yours will hopefully work for you.

Jesus.....I sounded like Dr. Phucking Phil right there....