"If you do the things you need to do when you need to do them, then someday you can do the things you want to do when you want to do them." ~Zig Ziglar
Today's going to be a quick post because I babysit a little toddler on Thursdays and won't have much time to think big enough thoughts to write...
But yes, we're going to put the Honda CRV up for sale. It's been a painful decision, but when it's in black and white after I wrote it on this blog a couple of days ago, it's just so obvious. We want to be out of debt in a year, and the car is over half of our debt load. No brainer. Dave Ramsey says "SELL THE CAR!", especially if you can't pay it off within 18 months.
Luckily the car is worth more than we owe so we should come out of it with some cash. We've got one dependable car right now but we'll move to two cheap, paid-for-with-cash cars. Yesterday as I was mulling over getting a "junker", I was walking across a busy street and right in the intersection a car died. My stomach flipped a little. Ugh. I really don't want to face undependable cars, but that will just be motivation for us to save our money faster so we can get a dependable car again. And who knows, people tell us cheap cars run great these days. And do you notice there is almost no rust even on old cars anymore? We won't be driving an old rust bucket at least.
Y'all are gonna get sick of "Dave Ramsey says". Even he jokes about it in his videos. I guess the nerds of the marriage, like me, tend to sound like a broken record sometimes. Gee, really?
(And by the way, by selling our car not only do we get rid of $11,000 in debt, we will no longer have a $290 car payment. However, we'll put at least $100-200 in the bank each month in a sinking fund for car repairs and an eventual "better car" purchase. That's the way to do this.)
Today's going to be a quick post because I babysit a little toddler on Thursdays and won't have much time to think big enough thoughts to write...
But yes, we're going to put the Honda CRV up for sale. It's been a painful decision, but when it's in black and white after I wrote it on this blog a couple of days ago, it's just so obvious. We want to be out of debt in a year, and the car is over half of our debt load. No brainer. Dave Ramsey says "SELL THE CAR!", especially if you can't pay it off within 18 months.
Luckily the car is worth more than we owe so we should come out of it with some cash. We've got one dependable car right now but we'll move to two cheap, paid-for-with-cash cars. Yesterday as I was mulling over getting a "junker", I was walking across a busy street and right in the intersection a car died. My stomach flipped a little. Ugh. I really don't want to face undependable cars, but that will just be motivation for us to save our money faster so we can get a dependable car again. And who knows, people tell us cheap cars run great these days. And do you notice there is almost no rust even on old cars anymore? We won't be driving an old rust bucket at least.
Y'all are gonna get sick of "Dave Ramsey says". Even he jokes about it in his videos. I guess the nerds of the marriage, like me, tend to sound like a broken record sometimes. Gee, really?
(And by the way, by selling our car not only do we get rid of $11,000 in debt, we will no longer have a $290 car payment. However, we'll put at least $100-200 in the bank each month in a sinking fund for car repairs and an eventual "better car" purchase. That's the way to do this.)
Comments
Cars that aren't under warranty for a long time leave me feeling vulnerable and anxious...I'm sure if my mother had a better attitude when I was a child, I would today, too.