Forums
New posts
Search forums
Members
Current visitors
New profile posts
Search profile posts
What's new
New posts
New profile posts
Latest activity
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
Off Topic
Off Topic Discussions
Im bored so im posting stuff, feel free to post what you want
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="James" data-source="post: 91538" data-attributes="member: 2"><p>Major <img src="https://www.dirtbikeaddicts.com/static/images/smilies/facepalm.gif" class="smilie" loading="lazy" alt=":facepalm:" title="Facepalm :facepalm:" data-shortname=":facepalm:" /> <img src="https://www.dirtbikeaddicts.com/static/images/smilies/picard.png" class="smilie" loading="lazy" alt=":picard:" title="Picard :picard:" data-shortname=":picard:" /> etc..</p><p> </p><p>An $8000 loan for 2 years at 5% is $350 a month and will cost you a total of $8,423. The question should be, can I afford a $8,423 item and not can I afford a $350 per month payment.</p><p> </p><p>You'll also need to carry full coverage (collision and comprehensive) on the bike since the bank will have a lien on it, which means more $$$.</p><p> </p><p></p><p>If you're only making $1000 (net) a month....that's just ludacris to even consider tying up half your income in a toy. Yes it's a toy and if you tell yourself anything different you're only lying to yourself.</p><p> </p><p>However if it's $1000 a week, that's very reasonable. But I'd advise you to set aside 20-40% of your income as that'll come in handy later in life. Like Dave Ramsey says "If you will live like no one else, later you can live like no one else."</p></blockquote><p></p>
[QUOTE="James, post: 91538, member: 2"] Major :facepalm: :picard: etc.. An $8000 loan for 2 years at 5% is $350 a month and will cost you a total of $8,423. The question should be, can I afford a $8,423 item and not can I afford a $350 per month payment. You'll also need to carry full coverage (collision and comprehensive) on the bike since the bank will have a lien on it, which means more $$$. If you're only making $1000 (net) a month....that's just ludacris to even consider tying up half your income in a toy. Yes it's a toy and if you tell yourself anything different you're only lying to yourself. However if it's $1000 a week, that's very reasonable. But I'd advise you to set aside 20-40% of your income as that'll come in handy later in life. Like Dave Ramsey says "If you will live like no one else, later you can live like no one else." [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Off Topic
Off Topic Discussions
Im bored so im posting stuff, feel free to post what you want
Top