cross-posted from: https://lemmy.world/post/33704049
Wanted to add, “Fuck Cars!!”
Car payments for decades of one’s life are not the way to go.
cross-posted from: https://lemmy.world/post/33704049
Wanted to add, “Fuck Cars!!”
Car payments for decades of one’s life are not the way to go.
I think the maths there is that 63k income then you spend 21k on living expenses and you can save the rest. Then you retire in a decade.
But I think mortgages might complicate this, in a good way. If you are paying a mortgage that is a repayment you can expect to stop paying at some point, so your living costs will drop when that happens.