Yep doesn't matter how much money you make. You can still be broke!!
-
ODT Gun Show & Swap Meet - May 4, 2024! - Click here for info
Could You Come Up With $400 If Disaster Struck?
- Thread starter araomd
- Start date
We just found a foreclosure for my oldest son that he won the bidding on. He is getting his own financing and has already asked about how to get paid off faster (guess he listened). He doesn't know much yet about the whole buying a house process; but I will be able help him to understand how it works. He is going to be able to buy and reduce his current rent payment by about $400 a month. He will be well inside of his budget and should have good equity once he does a little rehab.
So true, just ask 2/3's of the retired pro athletes who spent everything and have nothing to show for it anymore except memories. In the words of Holyfield, I'm not broke, I just have a liquidity problem.
Damn!
Out talking to the neighbor just now..
People up the street one drives a Lincoln the other drives a Mercedes..
Both of their children are on free lunch...
To echo you...priorties...
I do not buy anything I cannot pay cash for. My truck has 354000 miles. Wife's van 256000 miles. Paid for several years back. Every now and then a repair. But it is usually cheaper than 1 months payment. Have only house payment and business expenses. But took several years of stupidity to get here.
And yes I can come up with $400 cash. Always keep gun / emergency money around.
And yes I can come up with $400 cash. Always keep gun / emergency money around.
Agreed. I feel like as I get older the "disasters" are getting more and more expensive. $400 disasters were like my early to mid-twenties disasters. I miss those disasters sometimes.
The ones in power rely too much on the lower class being UN-educated. So public school will never be the source of such teachings.
