Need some convincing...
#1
Need some convincing...
I need some advice. I have nearly saved enough money to pick up an F4i, but I'm a bit torn. On one hand, I could use the money to pay off some debt (at least one credit card). The bitch is, between credit cards and student loans, my wife and I are probably 40k in the hole, so $4,000 barely makes a dent! If I start paying now though, I will be able to get rid of this debt earlier. Dammit I don't think I want to give up having a bike. I don't get a chance to ride much any more, but it's an always awesome feeling when I can.
If the parts from my old f2 sold faster, I probably would have picked up another bike right away, but it seems like no one has been interested in the last month. Is thismostly because of the weather, or what? Check out my thread:
https://cbrforum.com/m_418738/tm.htm
...are my prices too high?
Anyway, this situation sucks all around. What do I do?
If the parts from my old f2 sold faster, I probably would have picked up another bike right away, but it seems like no one has been interested in the last month. Is thismostly because of the weather, or what? Check out my thread:
https://cbrforum.com/m_418738/tm.htm
...are my prices too high?
Anyway, this situation sucks all around. What do I do?
#2
RE: Need some convincing...
i LOVE my bike...but im not responsible for any big payments like a house, car, student loans,etc etc...but if i were, id much rather be looking at 36k than 40k...every little bit helps...you have to do whats best for you and your wife...i cant even begin to imagine what its gotta be like to give up a bike, but perhaps one will come along later after you've lowered that debt a bit?
#3
RE: Need some convincing...
Do what you have to, but if you can pay cash for a bike-it's the way to go. I paid cash for my bike so that one less payment to worry about. I'm not is debt like you are so it's hard to say what I would do in your situation. I do know that I love my bike and when this one goes I will get another ASAP!
#5
RE: Need some convincing...
Paying bills is real important, so I can't blame you if that's the route you take... however, OWNING a bike does more than just make it something you enjoy. A paid off vehicle is worth collateral, it could be re-sold later if you just HAD to have the money, and until that point, it's cheap transportation that you don't pay any bills on and you own it free and clear. To me, it means alot more when I can say "This is MY <whatever>".
Oh, and for me, after I pay a big bill off like that I something always seems to pop up and I rack some money back on whatever it was that I just paid off... it's very annoying.
Oh, and for me, after I pay a big bill off like that I something always seems to pop up and I rack some money back on whatever it was that I just paid off... it's very annoying.
#6
RE: Need some convincing...
ORIGINAL: Lrn2Go
Paying bills is real important, so I can't blame you if that's the route you take... however, OWNING a bike does more than just make it something you enjoy. A paid off vehicle is worth collateral, it could be re-sold later if you just HAD to have the money, and until that point, it's cheap transportation that you don't pay any bills on and you own it free and clear. To me, it means alot more when I can say "This is MY <whatever>".
Oh, and for me, after I pay a big bill off like that I something always seems to pop up and I rack some money back on whatever it was that I just paid off... it's very annoying.
Paying bills is real important, so I can't blame you if that's the route you take... however, OWNING a bike does more than just make it something you enjoy. A paid off vehicle is worth collateral, it could be re-sold later if you just HAD to have the money, and until that point, it's cheap transportation that you don't pay any bills on and you own it free and clear. To me, it means alot more when I can say "This is MY <whatever>".
Oh, and for me, after I pay a big bill off like that I something always seems to pop up and I rack some money back on whatever it was that I just paid off... it's very annoying.
#7
RE: Need some convincing...
ORIGINAL: halik008
vehicles are THE worst investment.....depreciates like nobody's business.... so it's by far the worse collateral one can obtain.
ORIGINAL: Lrn2Go
Paying bills is real important, so I can't blame you if that's the route you take... however, OWNING a bike does more than just make it something you enjoy. A paid off vehicle is worth collateral, it could be re-sold later if you just HAD to have the money, and until that point, it's cheap transportation that you don't pay any bills on and you own it free and clear. To me, it means alot more when I can say "This is MY <whatever>".
Oh, and for me, after I pay a big bill off like that I something always seems to pop up and I rack some money back on whatever it was that I just paid off... it's very annoying.
Paying bills is real important, so I can't blame you if that's the route you take... however, OWNING a bike does more than just make it something you enjoy. A paid off vehicle is worth collateral, it could be re-sold later if you just HAD to have the money, and until that point, it's cheap transportation that you don't pay any bills on and you own it free and clear. To me, it means alot more when I can say "This is MY <whatever>".
Oh, and for me, after I pay a big bill off like that I something always seems to pop up and I rack some money back on whatever it was that I just paid off... it's very annoying.
#8
RE: Need some convincing...
Well, since your in such financial trouble, I'd pick the loan refinancing route. Get your bills under one note with a feasible payment plan and then save up for the bike. Pretty ****ty situation, but the bike is only going to keep adding costs on top of your current bills with upkeep…tires, synthetic oil... and so on.
I hate to pick at a fresh scab, buy why didn’t you just repair your F2?
I hate to pick at a fresh scab, buy why didn’t you just repair your F2?
#9
#10