I sometimes wonder if those people feel some innate need to keep those places open. Water is not only cheaper than sugary Coke or Pepsi, it's also better for you. It's time schools taught students how to properly create, and follow a budget.
...I enjoy these occasional strolls down memory lane; 1970s, the Hunt brothers... ..."Buy land, they ain't making any more if it;" variously attributed to Will Rogers and Mark Twain. OT; remembering Rogers, I'm reminded of aviator Wiley Post and "Winnie Mae," his Lockheed Vega. Post invented the high-altitude pressure suit. He and Rogers died from crash in Alaska. "Winnie Mae" is on display at National Air and Space. As a kid, I was a pre-WWII plane nut, probably influenced by Sky King and his Cessna T-50 "Songbird"...
THIS! One of my best friends always used the 'payment' theory.. Now he's on wife #3, gets to share his pension as well as his debt load. Second wife had to buy her a big house, in 2008 no less! Next up was his & hers Harleys, a hot rod BMW. This one lasted a year.... Always explained to me how if he pays less on this loan, he can afford a new payment over there. I'm glad I grew up watching my Dad pay bills! I learned the 'other' way!
Is it just me or is there more than the average level of common sense in the Buick community? Perhaps, owning a Buick has imparted a certain level of frugality that the Chevy and Ford guys have never had to deal with? Cause and effect?
My kids did this. If your school district doesn't do something like this they should. Wish I had it when I was young. Only issue I see is they teach it in 6th grade. Should be in HS when kids start to work and have some money. The simulation is really cool and well thought out. https://www.myja.org/financepark
Same here my friend......we owe nothing.......such a wonderful feeling. But 20 years ago when all our friends were buying new cars and taking two week vacations to other countries......i told my wife.....we will pay down the principal on our mortgage and get a better rate at a shorter term when we can. She hated it then but loves it now.....and our friends still have most of their debt from 20 years ago..... Peace WildBill
Paying off our home after 15 years was the best thing we ever did. Part of what allowed us to do that is not going in over our head, we built a smaller home with (friends, family, contacts, a lot of work) but that saved us over 100K (back in the 90's). We drove our vehicles typically 10 years before trading up to a newer used one. A big thing was waiting to have kids until we knew we could afford them and have my wife quit her job to be home with them (in my eyes, having children is a privilege, not a right. If you can't afford them, work hard until you can. All this was done with me making an average blue collar salary. Funny thing is that we were still able to enjoy taking a vacation away, dining out and buy a brand new boat (that was our summer entertainment). Now my two boys (18 & 20) have seen what we have been able to do and see that it can work and realize the importance of not going into debt. Both are going to a good State College that is less expensive and living at home, they will come out with no student loan debt (we won't have any either) and they will have marketable degrees (Computer Science and the other Computer Engineering with a minor in Electrical Engineering). My older son laughs at his friends (parents) that are accumulating 40K+ debt each year to go to a "name worthy" College. The only debt we currently have is for my truck lease. I gave into a lease since I wanted to maintain one less vehicle in our current family fleet of used cars . I did shop around and negotiate a lot to get the best possible lease payment.
You are absolutely correct. The end user pays all taxes. If you purchase a can of soup from the grocery store, included in it's price are all costs (including taxes) from the farm, transportation, manufacturer, and retail. Taxes are simply a cost of goods sold. The manufacturer may write a check to the IRS, (U S Government, actually) but the company got the money from the end purchaser. Politicians love to "tax the corporations" because most people don't know enough about economics to understand who actually pays the tax.
Exactly, or even better, "We'll tariff the foreigners", guess what? The US consumer is the one that pays.
Friend at the gym just bought this new home in the new Brightwater development in north Ft. Meyers, FL. for 260k. He and his wife are moving from MI full time next week.
I think if you have the disposable income to own a classic car you must be good with money. It's probably the most expensive hobby there is.
Depends on what sort of boat you own.. My old fishing boat cost me $0.00 in repairs over the 10 years I owned it. I'm not counting gas, oil, and launch fees though. Damn, I miss that serenity device......