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04-25-2013, 05:38 AM
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Sage
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Join Date: May 2011
Location: Caroline, Pennacamp, Fernandinia, Duval, Richmond
Posts: 10,408
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Thanked 4,738 Times in 1,876 Posts
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Quote:
Originally Posted by glgene
Several responders to this thread have said that living on a $25,000 budget is doable...if you have, for example, no car payment. On first blush, that seems like good advice.
But a car doesn't last forever without repairs or eventual replacement. If you're making TV work for you with a very tight budget and you have provided no budget allowance for car repairs or replacement fund, what would you do when the day of reckoning finally happens and car expense $ finally happens?
My question assumes you want/need a car (I realize that having only a golf cart is an option).
Gene
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buying new car the year we retire...pay cash....with the small amount of miles you will need very little maintance....
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