I hate that I'm responsible... - Page 2

Mr Lefty · 03-08-2008, 12:36 AM

Quote:

Originally Posted by Dave

i'll admit all the times ive stayed in to save cash while my friends were out partying sucked! but its a fucking fantastic feeling being a homeowner at 26. really seems to blow peoples minds too, especially girls lol

yeah my little bro has a house already... fucker is 25... bought it just after his birthday... I'm almost 28 and haven't bought one yet... then again... I'm in Korea

I will buy on when I get to CO though... can't wait!

Crazy · 03-08-2008, 12:38 AM

I hear ya man... I know Im not one to talk, I don't even pay my own bills yet. but i'm taking the advice u gave me way back when and putting some of the money I have ($2K) towards a Roth IRA. 2k for a nicer bike or just mods is a lot but... I just wouldnt feel right about blowing it all on a bike.

Dave · 03-08-2008, 01:14 AM

Quote:

Originally Posted by Ebbs15

yeah my little bro has a house already... fucker is 25... bought it just after his birthday... I'm almost 28 and haven't bought one yet... then again... I'm in Korea

I will buy on when I get to CO though... can't wait!

yeah i pulled the trigger at 25 as well

ZukLady · 03-08-2008, 01:20 AM

I plan on living with my mom forever....ive got the good life here, a huge house, yard, good area, plus i dont have to pay rent right now! Why on earth would i want to leave?!?!?

Mr Lefty · 03-08-2008, 02:19 AM

Quote:

Originally Posted by ZukLady

I plan on living with my mom forever....ive got the good life here, a huge house, yard, good area, plus i dont have to pay rent right now! Why on earth would i want to leave?!?!?

ehhh I said that but my 'rents started try'n to put the kabosh on my sex life...

OneSickPsycho · 03-08-2008, 08:52 AM

Roles are reversed for me... My dad and step-mom are planning on living with me three months out of the year and will be payin' me rent. :nana:

Cap, you're pretty smart about money, but I can't help wondering... Have you done the math to see if it would make sense to use that money to pay off your debt, then combine what you are paying onto the debt and what you are contributing to your retirement to rebuild the IRA's? I'd have to imagine you are paying more in interest on your debt than you are making through the IRA's...

azoomm · 03-08-2008, 10:13 AM

Quote:

Originally Posted by OneSickPsycho

Cap, you're pretty smart about money, but I can't help wondering... Have you done the math to see if it would make sense to use that money to pay off your debt, then combine what you are paying onto the debt and what you are contributing to your retirement to rebuild the IRA's? I'd have to imagine you are paying more in interest on your debt than you are making through the IRA's...

That's what I was thinking. Depending what kind of debt it is. I'm assuming it's credit card... anything over 10% and it should get paid down rather than putting that money away. That's what I did a few years ago, and the only debt my husband and I have are our house, car and truck. The house is at 4.75% - car and truck at .04%

OneSickPsycho · 03-08-2008, 10:14 AM

Quote:

Originally Posted by azoomm

That's what I was thinking. Depending what kind of debt it is. I'm assuming it's credit card... anything over 10% and it should get paid down rather than putting that money away. That's what I did a few years ago, and the only debt my husband and I have are our house, car and truck. The house is at 4.75% - car and truck at .04%

.04%?

azoomm · 03-08-2008, 10:24 AM

Quote:

Originally Posted by OneSickPsycho

.04%?

Toyota... it was a 0% offering, but it's actually .04% It ROCKS. Though, you just about have to give them a blood sample to qualify.

OneSickPsycho · 03-08-2008, 10:33 AM

Quote:

Originally Posted by azoomm

Toyota... it was a 0% offering, but it's actually .04% It ROCKS. Though, you just about have to give them a blood sample to qualify.

That's INSANE.

03-08-2008, 12:38 AM	#12
Crazy I'm home take me drunk Join Date: Mar 2008 Location: Champaign, IL Moto: 2005 SV650s blue Posts: 430	I hear ya man... I know Im not one to talk, I don't even pay my own bills yet. but i'm taking the advice u gave me way back when and putting some of the money I have ($2K) towards a Roth IRA. 2k for a nicer bike or just mods is a lot but... I just wouldnt feel right about blowing it all on a bike.

03-08-2008, 01:20 AM	#14
ZukLady Squid Join Date: Feb 2008 Moto: 04 Ninja 636 Posts: 113	I plan on living with my mom forever....ive got the good life here, a huge house, yard, good area, plus i dont have to pay rent right now! Why on earth would i want to leave?!?!?

03-08-2008, 08:52 AM	#16
OneSickPsycho Ride Like an Asshole Join Date: Feb 2008 Moto: nothing... Posts: 11,254	Roles are reversed for me... My dad and step-mom are planning on living with me three months out of the year and will be payin' me rent. :nana: Cap, you're pretty smart about money, but I can't help wondering... Have you done the math to see if it would make sense to use that money to pay off your debt, then combine what you are paying onto the debt and what you are contributing to your retirement to rebuild the IRA's? I'd have to imagine you are paying more in interest on your debt than you are making through the IRA's...