I know i don't understand it either, many people don't put there priorities first!
I still live in my little house that i got for an estate sale 4 years ago, and yes i would love to have a bigger house one day, but i can't afford it now, i want at least 40,000 in my savings account for the down payment and to pay two house payments until i sell my other house.
My brother for one is totally different he borrowed twice against his house to pay off credit cards and his wife charged them all back up again, and she has to have a new vechicle every five years or she is not happy.. and yes they have toys too.
i would love to have a new truck, but i got my SUV that was within my budget and yes i got a used one.. and My husband and i both work!!!
My brother will probably be going into forclosure soon, i suggested his wife get off her butt and go get a job... boy did i get the dirty looks.. oh well there is nothing wrong with her working... I really don't understand what people are thinking when they get all these loans that they can't afford, do they thinkg they don't have to pay them back or what??? I'm just confussed, when i want to purchase something like a car i redo my budget and see if i could afford it or not... and i don't include my husbands overtime in the budget, cause ot is unpredictible.. especially in construction.
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PROUD MOMMY
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