Alright, personal finance blogosphere. Enough with the haterade for new cars. Are they depreciating assets? Yes. Is interest bad? Yes. Is financing a car the worst thing someone could do financially? Not necessarily. In fact, as someone who financed a $27,000 car several years back, I wouldn’t change a thing. Except maybe I would have spoken up sooner. Continue reading “To Everyone Who Hates on New Cars”
It’s not good to keep secrets in the blogging world. I know that. And it’s not so much a secret, so much as it isn’t really my story to tell. But we have more debt than I’ve previously mentioned. Well, had.
More precisely, Mr. P had more debt. I wrote a post about how we paid off over $18,000 worth of debt last year. And we did. That was mortgage debt. We also paid off another $6,000 towards Mr. P’s car loan. Continue reading “Actually…We Paid Off $24K in Debt Last Year”