/biz/ - Business & Finance

[Anonymous No.18435218]

ive got a $3,000 balance on a credit card accruing 20% interest, gonna be getting trumpbux soon, is it even worth paying this shit off if the great depression is about to kick off in a couple months? should i use my trumpbux on stockpiling food instead?

[Anonymous No.18435332]

>>18435218
Holy shit that guy is a retard paying that much of a markup on that. I feel like he’s either completely fucking retarded, or he’s larping and going to make 10k from it

It also makes me feel like a failure when retards like this can pay 50k for a car

[Anonymous No.18435373]

>don't want to ride in it because of manual transmission
ohnonononono

[Anonymous No.18435375]

I either would lowball for $5000 or less or buy brand new car at $50k. People who make bad decisions do not deserve to recoup their losses. That guy should have to suffer with the fact his car will be worthless in another 10 years.

[Anonymous No.18435400]

>>18435218
buy a trailer and the means with which to grow/raise food
put the rest into LINKIES and a gun with at least one bullet for killing yourself as a last resort

[Anonymous No.18435413]

>>18435218
>being this cucked
>paying 50k for THAT
>driving loud ass whiteboi need for speed shit past your early 20's

JUST FUCK MY SHIT UP SENPAI

[Anonymous No.18435432]

>>18435413
>>driving loud ass whiteboi need for speed shit past your early 20's
I remember when this board used to have non poorfags. Those were the days. Going to blow down your street at 2am in my supra

[Anonymous No.18435441]

>>18435218
Do a 0% balance interest transfer and pay it off slowly per month. See if you can find one giving you 24 months at 0% interest.

[Anonymous No.18435443]

>>18435218
Buy LINK, BAT and FLETA, any leftover, buy some canned food

[Anonymous No.18435460]

>>18435432
>spending your money on depreciating assets

I bought a used Ford Fiesta with 37k miles for $9,000 in December. Already paid off 10% of it.

> Going to blow down your street at 2am in my supra
Enjoy that car insurance premium, and your inevitable DUI and possession charges.

[Anonymous No.18435473]

>>18435332

They can't, they finance all that shit.

[Anonymous No.18435481]

>>18435460
>this post

[Anonymous No.18435504]

>>18435481
>this cope with your own poor decision making

Do you have a lambo or something?

[Anonymous No.18435507]

>>18435443

[Anonymous No.18435546]

>>18435504
A shitbox Fiesta for 9k is good decision making? It's neither a good car nor a particularly cheap one. What the fuck was the point of buying it+

[Anonymous No.18435548]

>>18435218
Get a Miata or brz instead. 45,000 is not worth it for this car.

[Anonymous No.18435561]

>>18435218
That’s an amazing deal

[Anonymous No.18435595]

>>18435546
What is a good car to you? One that goes fast?

> It's neither a good car nor a particularly cheap one
It's incredibly cheap. Finding a used car in MD with under 100k miles for less than $10,000 is not easy

[Jannies No.18435613]

>>18435413
TEUR EUM DOM DOM
TEUR EUR DOM DOM DOM DOM

[Anonymous No.18435626]

>>18435218
>20% interest

imagine being fucked this hard. Why are People that stupid?

[Anonymous No.18435648]

>>18435460
>bought in December
>10% paid off
>thinks this is a flex
Enjoy your 30 months of payments on a car worth half that in a year

[Anonymous No.18435673]

>>18435648
>Enjoy your 30 months of payments on a car worth half that in a year


In that 30 months, I'll have made over $200,000 from the car taking me back and forth to work. I don't care about the "worth" of the car because the only purpose of the car is transport. People who derive value instead of function from cars are the biggest retards on the planet.

[Anonymous No.18435739]

>>18435441
i tried this, the problem is i cant get a big enough credit limit on the 0% new card. also i lied about my debt because you guys would make fun of me, my card has $13,000 and every time i try to apply for a new 0% card the most they give is like $500 which is useless

[Anonymous No.18435784]

>>18435739
oof

[Anonymous No.18435802]

>>18435673
Lucky for you your overpaid car will hold neither value or function

[Anonymous No.18435818]

Buying expensive cars instead of living close to the border, buying a "totaled" car in an auction, taking it to a body shop in mex to fix it and saving big time.

[Anonymous No.18435841]

>>18435802
Show me a car with lower mileage for a lower price.

[Anonymous No.18435869]

>>18435443
Dude what the fuck? LINK and PNK
Simple
Flata? What the fuck man get off this board.

[Anonymous No.18435872]

>>18435218
debt is slavery. pay it off. then put your trump bucks into kleros.

[Anonymous No.18435892]

>>18435460
>Used ford fiesta for $9k
>Only 10% paid off
>This is a good decision
Anon..I

[Anonymous No.18436033]

>>18435218
>They don't want to ride in it because of manual transmission
KEK

[Anonymous No.18436061]

>>18435460
>37k miles for $9k
Holy shit you got ripped off I got a Fiesta ST with 15k miles for $13,500

[Anonymous No.18436071]

>>18435595
Either a high quality one or a fast one. A Fiesta is a total rattling shitbox made of plastic.

[Anonymous No.18436075]

>>18435869
This. Anything else and you’re asking for trouble. DYOR for once biz.

[Anonymous No.18436076]

>>18436061
you paid 50% more than he did tho
the fucks with all the Fiesta drivers? Jesus, at least buy a fucking CAR, you inveterate proles

[Anonymous No.18436086]

>>18435218
Civics cost fucking $50k?????

What a pussy

[Anonymous No.18436102]

>>18436076
ST model is double the price of SE @ MSRP dipshit

[Anonymous No.18436117]

>>18435460
This is a larp right

[Anonymous No.18436130]

>>18436061
The car itself only cost $7k, the fees and taxes brought to about 9k on the loan. I paid half the amount as you for the same car.

[Anonymous No.18436136]

>>18436102
ST’s are gay and slow and nothing to speak about on a basket weaving forum. Get a different car Kyle

[Anonymous No.18436361]

>>18435739
You think that's bad. I'm at 21k in debt with average apr 23% on about 7 credit cards. I also have a toddler and wife to take care of. My yearly income is 35k...

I reccomend using this

https://www.vertex42.com/Calculators/debt-reduction-calculator.html

To pay off your debts currently if all goes to plan I'll be out of the water by 2022 with 5.5k paid in interest.

I make no excuses for my bad spending all I gotta say is that I had fun, but now I have to be serious

[Anonymous No.18436483]

>>18435218
>Buy my car that I smashed the accelerator on and grinded the fuck out of the gears on for the poor thing's first 300 miles.

[Anonymous No.18436763]

>>18435332
>>18435473
Don't worry because even if they can they'll run out eventually. Finances are the one fair thing in this world because on top of it being unescapable, you can profit off of rich idiots.

[Anonymous No.18436804]

>>18436483
Seriously imagine how much abuse this car got in those miles. Its like the comparison of how you fuck your wife and how you fuck a chick you are never going to see again

[Anonymous No.18436821]

>>18436804
he probably didn't know, you need to use the clutch

[Anonymous No.18436845]

>>18436804

Yeah I bet it got a lot of "abuse" sitting in traffic and going half petal at a red light for 1/2 a second until hitting the speed limit.

[Anonymous No.18436999]

>>18436361
fuck man thanks. yeah i mean part of it wasnt just reckless spending, i had to drop like 5k on medical expenses. but i just kept letting the shit pile up because id just do minimum payment while i was putting money towards a car repair or shit like that. have you looked into a bank loan? i was thinking of trying a personal loan from a local credit union but not sure how that shit works and what you need. my credit score is like 680 somehow, i guess because i make my payments on time and never missed one. but i think the bank loan only charges like 8% interest, maybe less but i dont know if they would give me enough credit to cover the card. im tired of just getting a new random card every 6 months with 0% intro period and only being able to put like 500 bucks on it because the fuckers wont give me a bigger limit. they always say the same shit in the rejection letter when i try to balance transfer. "sorry your approved limit is $500" i mean wahts the point of doing their stupid balance transfer promo if the faggots arent going to let me move jack shit

[Anonymous No.18437108]

>>18435739
>$13,000
That's pretty decent for a limit

[Anonymous No.18437161]

>>18435626
My first cc was 49.9% but I never carried a balance so I never paid a penny; if you're non-retarded, interest rate doesn't matter

[Anonymous No.18437229]

>>18435595
>buying anything Ford
>he didn't buy a top trimmed, former fleet 2018 Nissan Sentra w/ 19k miles for $10k

They're all over the place, best deal for middle class commute box.

[Anonymous No.18437840]

>>18436999
Yeah my score is too low still to do any loan only guys that talk to me is the debt settlement people

[Anonymous No.18437932]

>>18435613
three six nine
damn she fine

[Anonymous No.18438009]

>>18435218
>3k with 20% CC debt and op's thinking of using trump bucks to buy stockpiles of food that will go to waste
this, this is why the poor stay poor. the US produces around 5x the amount of food it can consume each year. the government pays for this excess food production to insure americans will never go hungry and usually gives the extra away the extra to third world countries for PR or "favors". you really think food production is at risk in the US?