1. A reason for the writer to begin: I have 2 exams tomorrow and one on Thursday. AKA "I don't want to study right now and I should be." I'm sure you can relate.
2. A concept/idea/thought to convey: Definitely the biggest chunk of this post (although probably not too big... we'll see what happens). Here goes.
As some of you may know, I drive a 1997 Ford Exploder. Not a typo by the way. The front four-wheel-drive linkage has been freaking out for quite some time now (at least 6 months), and has on several occasions pushed me to the point of wanting to ditch it and buy a new car. However, this presents one (
3. My mission to declare:
That's a Mini Cooper Clubman S. Also, not just any Mini Cooper Clubman S, but the exact one I'm going to save for and pay cash for before my 30th birthday. As equipped, about $32,000. Dave Ramsey (coming to the RBC Center in October... and yes you should come) is a proponent of the "pay cash for cars and pretty much everything but a house" theory. So I'm gonna nurse the Exploder Explorer (it's officially been renamed. Run and tell that, homeboy!) along as long as is feasible. Assuming I save $4,000 per year and am able to make a consistent 5% interest on my money, I should be able to get the Mini around my 26th birthday. Let's motor.
He also says NEVER to buy a brand new car.
ReplyDeleteTisk tisk James...looks like Dave isn't all knowing.
But he also says that if you live like no one else, you can live like no one else... ;) and I'm gonna drive my Explorer into the ground so that I can save more too!
ReplyDelete