Quote:
Originally Posted by ikonn
Fascinating! If I am allowed extend the poll, for those in their 20s and 30s, what is the source of your money?
A. Great job/business and able to afford this along with supporting a family, mortgage, and retirement.
B. Good job/business but no other major commitments so can prioritize a car like this
C. Family money or I got a Sugar Mama/Daddy
D. Lottery winner (or just cashed in GME!)
E. I'm in debt but it's BMW or die mofos!
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Just turn 37 (business owner)
It was B for quiet sometime.. but now A without a Mortgage its paid off..
I invested heavely in my late 20s and early 30s into my business.. kept my liabilities low and didnt want a mortgage. On my mind it just didnt make sense to put down money into a liability (large one too) when I can put it down on a assest (my business).
ALL my friends and family told me you are crazy and even made fun of my way of thinking.. fast forward 10 almost 11 years, Now they still have 20+ years on their mortgage some even refinance and have 28 or 30 years to go while I have no mortgage
I am working heavely on my retirement and base on my numbers and financial planing I should be able to retired by 47-50, but I am shooting for 45 lets see what happens.
