Re: The Jones
Here's a good example...my brother just got married 1month ago. He makes $17k/yr and is still in school. His wife makes 30K/yr.
My wife and I make about $180K/yr. We just purchased a used, but loaded Ford pickup truck for $20K. We've been married for 4 years and are quite stable...
My brother had been saying he wasn't going to buy a new car until he graduated and got a full time job...however, after one ride in our truck, he had a new $25K SUV (with 92 miles) tax, title, license, and extended warranty all financed.....
I swear had he not seen my truck, he would still be driving his 92 Ford Ranger and Her 94 Ford Escort, both of which ran very well and were paid off...but nope, ne had to "keep up" with his older brother...
I tried to talk him out of it..and even found him a 2005 model with only 4000 miles on it, all the same options for $15K...but he didn't care and bought a BRAND NEW CAR....
They just financed a car for over 1/2 of what they make in a year...oh well, not my problem I guess.
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