Comments on: Why My Car is Going to Make Me Rich http://www.financialreflections.com/why-my-car-is-going-to-make-me-rich/65 Personal Finance for those stuck in the middle. Sat, 13 Feb 2010 22:32:09 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: How to Get Cheap Auto Repairs » Financial Reflections http://www.financialreflections.com/why-my-car-is-going-to-make-me-rich/65/comment-page-1#comment-1738 How to Get Cheap Auto Repairs » Financial Reflections Tue, 15 Jul 2008 18:19:11 +0000 http://www.financialreflections.com/uncategorized/why-my-car-is-going-to-make-me-rich/#comment-1738 [...] when my air conditioning suddenly died in my car. That’s part of the territory as I opted to keep an older car to save money on payments. But when my car breaks, how do I keep from going broke repairing [...] [...] when my air conditioning suddenly died in my car. That’s part of the territory as I opted to keep an older car to save money on payments. But when my car breaks, how do I keep from going broke repairing [...]

]]> By: Jay http://www.financialreflections.com/why-my-car-is-going-to-make-me-rich/65/comment-page-1#comment-583 Jay Thu, 08 Jun 2006 09:19:02 +0000 http://www.financialreflections.com/uncategorized/why-my-car-is-going-to-make-me-rich/#comment-583 Best route is buy a great vehicle a few years old (3-5) pay cash for it. I am amazed how people will pay 15% interest on a object (their vehicle) that is gonna be worth-less and less and less all the time. People are paying for something that is going down in value. It makes no sense. Pay interest on something that will make money or go up in value (like a house, business, education). Best route is buy a great vehicle a few years old (3-5) pay cash for it. I am amazed how people will pay 15% interest on a object (their vehicle) that is gonna be worth-less and less and less all the time. People are paying for something that is going down in value. It makes no sense. Pay interest on something that will make money or go up in value (like a house, business, education).

]]> By: Why I Didn’t Buy An HDTV http://www.financialreflections.com/why-my-car-is-going-to-make-me-rich/65/comment-page-1#comment-582 Why I Didn’t Buy An HDTV Thu, 01 Jun 2006 16:11:57 +0000 http://www.financialreflections.com/uncategorized/why-my-car-is-going-to-make-me-rich/#comment-582 [...] Right now, there aren’t many HD channels out there.  I honestly expected a lot more, because you will pay more to get an HDTV dish or cable.  I’m still on analog cable.  This is one of those situations where you spend for a device and then spend more for the additional costs associated with it.  That spend/spend scenario is why I haven’t gotten a new car.  Of course, my HTDV friend is very smart with money (loaded) so he can afford the setup. [...] [...] Right now, there aren’t many HD channels out there.  I honestly expected a lot more, because you will pay more to get an HDTV dish or cable.  I’m still on analog cable.  This is one of those situations where you spend for a device and then spend more for the additional costs associated with it.  That spend/spend scenario is why I haven’t gotten a new car.  Of course, my HTDV friend is very smart with money (loaded) so he can afford the setup. [...]

]]> By: 2 million http://www.financialreflections.com/why-my-car-is-going-to-make-me-rich/65/comment-page-1#comment-581 2 million Thu, 18 May 2006 23:26:20 +0000 http://www.financialreflections.com/uncategorized/why-my-car-is-going-to-make-me-rich/#comment-581 100% in agreement! Driving a rust bucket is one of the easiest ways to wealth. I drive a 1998 Nissan Sentra and hope to drive it for a long time to come. I have reduced my insurance to liability only (my insurance is less than 1/2 my friends), my property taxes are next to nothing, I owe nothing on the car and the depreciation on the car is little at this point. I love it! 100% in agreement! Driving a rust bucket is one of the easiest ways to wealth. I drive a 1998 Nissan Sentra and hope to drive it for a long time to come.

I have reduced my insurance to liability only (my insurance is less than 1/2 my friends), my property taxes are next to nothing, I owe nothing on the car and the depreciation on the car is little at this point. I love it!

]]> By: financial reflections » Personal Finance Isn’t About Money http://www.financialreflections.com/why-my-car-is-going-to-make-me-rich/65/comment-page-1#comment-580 financial reflections » Personal Finance Isn’t About Money Thu, 18 May 2006 15:38:16 +0000 http://www.financialreflections.com/uncategorized/why-my-car-is-going-to-make-me-rich/#comment-580 [...] However, I’m not that impressed with stuff (if you take a look at my car, you’ll agree), and I think most people aren’t impressed with their stuff, either - at least not in the long term.  Which might be why people keep buying stuff - they need to renew that short-term buzz. [...] [...] However, I’m not that impressed with stuff (if you take a look at my car, you’ll agree), and I think most people aren’t impressed with their stuff, either – at least not in the long term.  Which might be why people keep buying stuff – they need to renew that short-term buzz. [...]

]]> By: Boston Gal's Open Wallet http://www.financialreflections.com/why-my-car-is-going-to-make-me-rich/65/comment-page-1#comment-579 Boston Gal's Open Wallet Tue, 16 May 2006 11:52:34 +0000 http://www.financialreflections.com/uncategorized/why-my-car-is-going-to-make-me-rich/#comment-579 <strong>Festival of Frugality #23...</strong> Welcome to the 23rd edition of the Festival of Frugality. I want to thank everyone who took the time to enter. I managed to squeeze almost everyone in (I was really puzzled by one submission - so left that out). While trying to figure out how to orga..... Festival of Frugality #23…

Welcome to the 23rd edition of the Festival of Frugality. I want to thank everyone who took the time to enter. I managed to squeeze almost everyone in (I was really puzzled by one submission – so left that out). While trying to figure out how to orga…..

]]> By: Ruben http://www.financialreflections.com/why-my-car-is-going-to-make-me-rich/65/comment-page-1#comment-578 Ruben Sat, 22 Apr 2006 10:29:02 +0000 http://www.financialreflections.com/uncategorized/why-my-car-is-going-to-make-me-rich/#comment-578 In the book, "Rich Dad, Poor Dad" (I think?) one piece of advice I really took to heart was to, 'drive whatever car your pride can cope with'. The need buy stuff just to bolster your insecurities can get expensive. I have utterly no pride when it comes to cars, which is why my old rust heap still graces the roads. Besides all the dents and rust patches scare the hell out of al the shiny new car drivers, traffic just parts in front of me wherever I go... :0)  Financial Reflections replies:  Well, I must not have much pride! :-) I do notice that I am far less afraid of getting a "door ding" or having someon scrape my older car.  I never thought about it that way, but it's one less thing to worry about. In the book, “Rich Dad, Poor Dad” (I think?) one piece of advice I really took to heart was to, ‘drive whatever car your pride can cope with’. The need buy stuff just to bolster your insecurities can get expensive. I have utterly no pride when it comes to cars, which is why my old rust heap still graces the roads.

Besides all the dents and rust patches scare the hell out of al the shiny new car drivers, traffic just parts in front of me wherever I go…

:0)

 Financial Reflections replies:  Well, I must not have much pride! :-)  I do notice that I am far less afraid of getting a “door ding” or having someon scrape my older car.  I never thought about it that way, but it’s one less thing to worry about.

]]> By: Sean http://www.financialreflections.com/why-my-car-is-going-to-make-me-rich/65/comment-page-1#comment-577 Sean Thu, 20 Apr 2006 21:57:18 +0000 http://www.financialreflections.com/uncategorized/why-my-car-is-going-to-make-me-rich/#comment-577 My dad gave me the sound advice when I was a kid to never buy a new car and to keep it 'til it quits running (with proper maintenance, of course). The only car he ever bought new was a Toyota van, and he's kept that thing running and looking almost-new for 21 years now. I have siblings who aren't that old! My dad gave me the sound advice when I was a kid to never buy a new car and to keep it ’til it quits running (with proper maintenance, of course). The only car he ever bought new was a Toyota van, and he’s kept that thing running and looking almost-new for 21 years now. I have siblings who aren’t that old!

]]> By: Tim MMF http://www.financialreflections.com/why-my-car-is-going-to-make-me-rich/65/comment-page-1#comment-576 Tim MMF Thu, 20 Apr 2006 21:06:01 +0000 http://www.financialreflections.com/uncategorized/why-my-car-is-going-to-make-me-rich/#comment-576 You lay out a nice argument for your Honda. I have a newer (paid off) car but my plan is similar to yours...drive it till it goes to automotive heaven. Insurance and gas are cheap and I don't have a payment. You lay out a nice argument for your Honda. I have a newer (paid off) car but my plan is similar to yours…drive it till it goes to automotive heaven. Insurance and gas are cheap and I don’t have a payment.

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