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The Watercooler
Need your advice on $ problems
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<blockquote data-quote="gcvmom" data-source="post: 159554" data-attributes="member: 3444"><p>What would happen if you kept the car you have and repair whatever needs fixing and keep using that until you get to a better place financially? Even if it needs a lot of work, it's usually cheaper in the long run to limp along with a clunker than to take on a large car payment with loads of interest. You also save on vehicle licensing fees and insurance (at least in my state that's how it plays out). </p><p> </p><p>If it were me, I'd make-do with the junker I have and focus on paying down the debt as quickly as possible. It's not going to be fun or glamorous, and it's going to be hard, but I think it will be in your best interest long-term.</p></blockquote><p></p>
[QUOTE="gcvmom, post: 159554, member: 3444"] What would happen if you kept the car you have and repair whatever needs fixing and keep using that until you get to a better place financially? Even if it needs a lot of work, it's usually cheaper in the long run to limp along with a clunker than to take on a large car payment with loads of interest. You also save on vehicle licensing fees and insurance (at least in my state that's how it plays out). If it were me, I'd make-do with the junker I have and focus on paying down the debt as quickly as possible. It's not going to be fun or glamorous, and it's going to be hard, but I think it will be in your best interest long-term. [/QUOTE]
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Need your advice on $ problems
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